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The second phase of the Cameron LNG export project in Louisiana - delayed into 2026

A recent filing with the U.S. Federal Energy Regulatory Commission (FERC) indicates that the Cameron LNG partners have asked for permission from U.S. energy regulators for a 6-year extension on the construction of Cameron LNG’s second phase. This 72-month delay would put expectations for the two trains that comprise phase 2 to complete in May 2026. The actual construction of these new trains would take about 58 months to complete, after an anticipated final investment decision is due in mid-2021.

Phase 1 of Cameron LNG consists of three trains with the first train already operating, and Trains two and three due in Q1 and Q3 of this year, respectively. Including the now delayed Trains 4 and 5, this project will have a total approximate capacity near 25 MMtpy, as each train is designed for approximately 5 MMtpy.

The FERC had previously approved the construction of trains 4 and 5 back in 2016, with an original expectation for startup in May of this year. As for why this latest delay request has been made, Cameron LNG reportedly has chosen to do based upon a change in circumstances for one of the existing partners in this joint venture. Cameron LNG’s partners are Sempra LNG, Mitsui & Co., Mitsubishi Corporation, Total, and NYK Line.

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