French giant Total and San Diego-based Sempra have signed a memorandum of understanding to co-operate on the development of liquefied natural gas export projects in North America.
The potential agreement envisages Total contracting up to 9 million tonnes per annum of offtake from Sempra’s LNG export projects being developed on the US Gulf Coast and West Coast.
Specifically, supplies would be sourced from phase two of the Cameron LNG scheme under construction in Louisiana, where the $10 billion first phase, which entails three liquefaction trains with export capacity of 14 million tpa, is due for start-up next year.
