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Sempra (NYSE:SRE) won regulatory approval Thursday from the Federal Energy Regulatory Commission to expand its Port Arthur liquefied natural gas terminal in Texas, one of four natural gas projects that had been abruptly struck from the agenda during a previous public meeting.
The Port Arthur LNG expansion would add two liquefaction trains for another 13.5M tons/year of capacity; earlier this year, Sempra (SRE) made a final investment decision on the $13B Phase 1 of the terminal and began construction, with first LNG anticipated by 2027.
FERC also approved a project submitted by Venture Global Calcasieu Pass in Louisiana, as well as pipeline extensions submitted by Berkshire Hathaway’s (BRK.A) (BRK.B) Northern Natural Gas and Enbridge’s (ENB) Texas Eastern Transmission.
Two projects that were struck at the previous FERC meeting did not make it to Thursday’s agenda: the WBI Energy Wahpeton expansion project and TC Energy’s (TRP) Gas Transmission Northwest XPress project.
