Sempra LNG, a unit of Sempra Energy, has been awarded a 15-year natural gas supply contract by Mexico’s state-owned electric utility,
Comision Federal de Electricidad.
The contract is estimated at $1.4 billion over its life and supports the CFE’s future energy requirements in northern Baja California, including the Presidente Juarez power plant in Rosarito.
Beginning in 2008 and continuing through 2022, the agreement provides CFE with an average of about 130 million cubic feet per day of natural gas. Sempra LNG expects to fulfill the contract using natural gas processed at its Energia Costa Azul liquefied natural gas receipt terminal. Energia is under development about 14 miles north of Ensenada, Baja California. When it’s completed in 2008, it will be the first LNG import facility on North America’s West Coast, capable of processing 1 billion cubic feet of gas per day, according to the company.
, Pat Broderick