Cameron LNG, a liquefied natural gas (LNG) terminal near the Gulf of Mexico, was constructed to bring clean, efficient natural gas supplies to North America.
Today, domestic natural gas production in the U.S. is high, and the Energy Information Administration estimates that the U.S. has more than a 100-year supply of natural gas. Due to this shift in market conditions, Cameron LNG is building natural gas liquefaction and export facilities next to the existing terminal to create bi-directional capability. Once the new facilities are operational, Cameron LNG will be able to:
liquefy domestically-produced natural gas for export,
import LNG and regasify it for delivery to domestic markets, or
re-export foreign-sourced LNG.
Cameron LNG is jointly owned by Sempra LNG & Midstream, ENGIE (formerly GDF SUEZ), Mitsui and Japan LNG Investment, LLC, a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabashiki Kaisha (NYK). Together, these companies represent extensive international and LNG market experience.
Cameron LNG’s headquarters are located in Houston, Texas.
With an estimated total investment of approximately $10 billion, the liquefaction project will create new jobs, bring economic prosperity to the region, and provide America’s trading partners with access to supplies of natural gas.
- See more at: http://cameronlng.com/who-we-are.html#sthash.LxQvtITJ.dpuf