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November 28, 2015 5:59 PM ET

Gas Utilities

Company Overview of Sempra LNG

Company Overview

Sempra LNG, together with its subsidiaries, develops, builds, and operates energy infrastructure assets and distributes electricity and natural gas to customers worldwide. Sempra LNG was formerly known as Sempra LNG Corp. The company was incorporated in 2003 and is based in San Diego, California with a subsidiary location in Mexico and receipt terminals in North America. Sempra LNG operates as a subsidiary of Sempra International, LLC.

101 Ash Street, HQ 17

San Diego, CA 92101

United States

Founded in 2003





Key Executives for Sempra LNG

President and Senior Vice President of Sempra International
Chairman of Sempra Mexico and Chief Executive Officer of Sempra Mexico
Age: 65
Chief Executive Officer of Sempra Energy
Age: 59
President of Sempra Energy
Age: 58
Vice President of Business Origination
Compensation as of Fiscal Year 2015.

Sempra LNG Key Developments

Sempra Energy Declares Quarterly Dividend, Payable on July 15, 2015

The board of directors of Sempra Energy declared a quarterly dividend of $0.70 per share of common stock. The current dividend is payable July 15, 2015, to shareholders of record on June 29, 2015.

Sempra LNG and Woodside Sign Memorandum of Understanding for Potential Development of Natural Gas Liquefaction Facility at Port Arthur, Texas

Sempra LNG announced it has executed a non-binding Memorandum of Understanding (MOU) with an affiliate of Woodside Petroleum Ltd. to commence discussions and assessments for the potential development of Sempra LNG's proposed Port Arthur liquefaction project in Port Arthur, Texas. The non-binding MOU is the initial step for Sempra LNG and Woodside to explore this opportunity and undertake due diligence for the potential development of the Port Arthur liquefaction project. Any decision to proceed with a binding agreement between Woodside and Sempra LNG in relation to the potential development of the project, including the establishment of any joint venture or partnership between Sempra LNG and Woodside, is contingent upon completing project assessments and achieving other necessary internal and external approvals for each party. The proposed Port Arthur liquefaction project would be located at a site previously permitted for an LNG regasification terminal and would be designed to include two natural gas liquefaction trains with a total export capability of approximately 10 million metric tons per annum, or 1.4 billion cubic feet per day, as well as LNG storage tanks and marine facilities for LNG ship berthing and loading.

IEnova and Sempra LNG Enters into a Memorandum of Understanding with Pemex to Develop Mexico's First Natural Gas Liquefaction Facility

IEnova and Sempra LNG entered into a memorandum of understanding (MOU) with Pemex to develop Mexico's first natural gas liquefaction facility. The plant will be built at the existing Energa Costa Azul LNG terminal in Baja California state, owned by IEnova parent Sempra Energy. The terminal currently includes LNG receipt, storage and regasification capacity.

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