Loadings of LNG cargoes from Sempra Energy's $10 billion Cameron export terminal in Louisiana are delayed after the first cargo from the project was exported last month to start up operations.
At least two commissioning cargoes, one for France's Total and another for Spain's Repsol, were delayed, according to industry sources and shiptracking data.
Sempra said on June 20 that Cameron continues to work through the normal startup process and LNG production will continue to fluctuate.
“Natural Gas: US LNG” featured in the June 2019 issue of Oil and Gas Investor
Market sources, however, said the plant has problems that are causing delays.
The plant has cooling system issues, one of the sources added.
Loading is now expected to resume in early July, two industry sources said.
Repsol, which hired the Shinshu Maru vessel from Novatek to load a Cameron cargo, has returned the ship back to Novatek, the two sources added. A third source said Novatek is agreeing a different charter for the vessel.
The Shinshu Maru was waiting in the Gulf of Mexico and was initially scheduled to load a cargo on June 8, which was later pushed out to June 19, shiptracking data showed. It left the gulf without a cargo on June 17.
Total's BW Everett is still waiting in the U.S. Gulf.
The Diamond Gas Sakura has arrived in the Gulf of Mexico to load a cargo for Mitsubishi and is signaling Cameron as destination on July 10.
Feedgas into Cameron dropped to zero on June 3, after rising to 580 million cubic feet per day (MMcf/d) before the loading of the first cargo. It was at around 100 MMcf/d on June 20.
First cargo from the plant was loaded by Mitsui & Co Ltd in late May and was delivered to France this week.
There are three liquefaction trains at Cameron. The first started producing LNG in mid-May. Sempra has said it expects Cameron 2 and 3 will enter service in the first and second quarters of 2020.
Cameron is jointly owned by affiliates of Sempra, Total SA, Mitsui, and Japan LNG Investment LLC, a company jointly owned by Mitsubishi Corp. and Nippon Yusen Kabushiki Kaisha (NYK). Sempra indirectly owns 50.2% of Cameron.
The offshore port would provide an outlet for oil coming from recently proposed Liberty and Red Oak pipeline joint ventures that will start in early 2021. Phillips will operate the $1.6 billion Liberty pipeline and help finance the $2.5 billion Red Oak pipeline.
Stratas Advisors expects an 89 Bcf storage build for the report week of June 28.
Last month the companies announced they would build a petrochemical plant north of Doha in Ras Laffan Industrial City that will come on line by 2025 and tap Qatar's North Field for natural gas feedstock.