From Reuters
California energy company Sempra Energy said on Wednesday it signed three non-binding agreements to sell all of the liquefied natural gas (LNG) to be produced at its proposed Costa Azul LNG export terminal in Baja California in Mexico.

Sempra said it will now work to negotiate final 20-year LNG sales agreements with units of the three companies - Total SA of France and Mitsui & Co and Tokyo Gas Co Ltd of Japan - and has targeted making a final investment decision to build the first phase of the export terminal in late 2019.

That would potentially allow the project to make its first LNG deliveries in 2023.

Costa Azul is one of dozens of LNG export projects under development in North America that are seeking to supp...

Legal Notice