In advance of the annual North American Gas Forum in Washington, D.C. in October, Octávio Simões, president and CEO of Sempra LNG & Midstream, met with Energy Dialogues to discuss current issues and policies affecting natural gas liquefaction projects in the U.S.
“LNG plays a role in geopolitics, in terms of countries diversifying their supply. Our allies want to have diversification, rather than being captive to one country for supply,” he states. “Any policy that limits our ability to maneuver and distribute LNG around the world, or that creates restrictions, is of concern to us. Any policy that limits our ability to build the facilities in the U.S. is of concern to us, and so we try to work with the stakeholders to make sure that those things don’t happen. And that’s essentially our focus.”
Simoes also discussed Sempra’s strategic focus in the next five years. “We want to get Cameron fully constructed and delivering LNG to the market in the 2019-2020 timeframe. We want to take FID in Port Arthur in 2019 and if we decide to go with the mid-scale at Costa Azul, then to take FID for that project in 2019 as well. That’s a smaller project. Then, we would like to continue the development of the Cameron expansion. Our five-year plan is to execute on these projects, bring them to market, and remain a reliable supplier to the world of LNG.”
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