CB&I Applauds FERC Approval For Cameron LNG Liquefaction-Export Project
CB&I (NYSE:CBI) applauds Cameron LNG, a subsidiary of Sempra Energy, for receiving authorization from the Federal Energy Regulatory Commission (FERC) to site, construct and operate a natural gas liquefaction and export facility at the site of the company's LNG receipt terminal in Hackberry, La.
The FERC permit is one of the last major regulatory approvals required to start construction on the natural gas liquefaction facility.
The authorization approves the development of the three-train liquefaction facility that will provide an export capability of 12 million tonnes per annum of LNG, or approximately 1.7 billion cubic feet per day, and will allow CB&I and its joint venture partner, Chiyoda, to access the site and begin construction later this year.
"CC JV, a joint venture contractor of CB&I and Chiyoda International Corporation for the project, congratulates Sempra on this important milestone that brings us one step closer to the start of construction," said Patrick K. Mullen, President of CB&I's Engineering, Construction and Maintenance operating group. "Cameron LNG will bring a large number of engineering and construction craft jobs to the Louisiana Gulf Coast, and we are proud to be a part of such an important project."
CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. With 125 years of experience and the expertise of approximately 55,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.
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