Cameron LNG Begins Production
The Cameron LNG project has achieved first liquefied natural gas (LNG) production from train 1. The project will begin exports in the coming weeks.
The project is operated by Cameron LNG LLC jointly owned by Sempra Energy (50.2%), Total (16.6%), Mitsui & Co., Ltd. (16.6%) and Mitsubishi/NYK (16.6%). NYK participates through Japan LNG Investments LLC (JLI), an NYK–Mitsubishi Corporation (MC) joint venture.
NYK said in a press release that the Project will produce 12 million tons of LNG per annum through three liquefaction trains.
This first batch of LNG was produced by the first liquefaction train. The second and third trains are currently under construction. NYK will also provide some of the LNG transport required by the Project’s customers.
In accordance with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” NYK is becoming more involved in various parts of the LNG value chain.
Through its participation in this Project, NYK will obtain a deeper knowledge of overall LNG business activities, which will create new business opportunities and allow the company to continue to secure stable-freight-rate business.