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U.S. Department of Energy Announces First Awards under Advanced Reactor Demonstration Program

LCG, October 16, 2020--The U.S. Department of Energy (DOE) this week announced it has selected two U.S.-based teams to receive $160 million in initial funding under the new Advanced Reactor Demonstration Program (ARDP).

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PSEG Files Application to Extend Zero Emission Certificates (ZECs) for New Jersey's Carbon-Free Nuclear Power Facilities

LCG, October 2, 2020--PSEG yesterday filed applications to extend Zero Emission Certificates (ZECs) for the Salem and Hope Creek nuclear power plants in Salem County in order to preserve New Jersey's largest carbon-free source of electricity and to help New Jersey achieve its clean energy goal of 100 percent carbon-free energy supply by 2050.

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Industry News

Sempra and Bechtel Subsidiaries Sign EPC Agreement for Port Arthur LNG

LCG, March 5, 2020--Sempra Energy and Bechtel announced Tuesday that their respective subsidiaries, Port Arthur LNG, LLC and Bechtel Oil, Gas, and Chemicals, Inc., have signed a fixed-price engineering, procurement and construction (EPC) contract for the Port Arthur LNG liquefaction project under development in Port Arthur, Texas.

The Chairman and CEO of Sempra Energy stated, "Building new export infrastructure in the U.S. is critical to providing overseas markets with cleaner fuel alternatives. Partnering with a world-class construction firm like Bechtel bolsters our execution plan for one of the world's largest LNG development projects."

As part of the EPC contract, Bechtel Oil, Gas, and Chemicals, Inc. will perform the detailed engineering, procurement, construction, commissioning, startup, performance testing and operator training activities for the project. The scope of the agreement also includes continuing pre-final investment decision engineering to better assure project cost and schedule certainty.

The Port Arthur LNG development project is expected to initially include two liquefaction trains, two liquefied natural gas (LNG) storage tanks, a marine berth and associated loading facilities and related infrastructure necessary to provide liquefaction services, with a nameplate capacity of approximately 13.5 million tonnes per annum (Mtpa) of LNG. The project site sits on nearly 3,000 acres of land along three miles of the Sabine-Neches waterway and has the potential to become one of the largest LNG export projects in North America, with expansion capabilities of up to eight liquefaction trains and approximately 45 Mtpa of capacity.

In January, Sempra LNG signed an Interim Project Participation Agreement (IPPA) with Aramco Services Company, a subsidiary of Saudi Aramco, for the proposed Port Arthur LNG project. The IPPA represents another milestone for both companies after signing a heads of agreement in May 2019 for the potential purchase of 5 Mtpa of LNG and a 25% equity investment in the project. In December 2018, Port Arthur LNG entered into an agreement with Polish Oil and Gas Company for the sale and purchase of 2 Mtpa of LNG per year.

The Port Arthur LNG development project received authorization from the U.S. Department of Energy (DOE) to export domestically produced LNG to countries that do not have a free trade agreement with the U.S. in May 2019. The Federal Energy Regulatory Commission (FERC) issued the approval to site, construct and operate the liquefaction-export facility in April 2019.

Port Arthur LNG is one of Sempra LNG's strategically located LNG development opportunities in North America and is a component of Sempra LNG's goal of developing the LNG infrastructure needed to export 45 Mtpa of clean natural gas to the global LNG market. The other LNG export projects include Cameron LNG Phase 1 (two of three trains are now in commercial operation) and Phase 2 in Hackberry, Louisiana; and Energ'a Costa Azul LNG Phase 1 and Phase 2 in Mexico.

"Port Arthur LNG plays an important role in Sempra's goal of becoming one of North America's largest developers of liquefaction-export infrastructure projects, and we look forward to continuing to move the project forward," said Sempra Energy's CEO.
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