Sempra Infrastructure Signs Participation Agreement with TotalEnergies, Mitsui, Mitsubishi for Carbon Sequestration Project in Louisiana
- Cameron LNG expected to serve as anchor customer
- Application for injection well to store up to 2 Mtpa of CO2 filed last year
The participation agreement contemplates that the combined Cameron LNG Phase 1 and proposed Phase 2 export projects would potentially serve as the anchor source for the capture and sequestration of carbon dioxide (CO2) by the HCS project. It also provides the basis for the parties to enter into a joint venture with
"We are excited to advance the development of the Hackberry Carbon Sequestration project, the first of
Last year, the Hackberry Carbon Sequestration project filed an application for a Class
"We are excited to welcome new investment from
The development of the Hackberry Carbon Sequestration project is subject to a number of risks and uncertainties, including signing additional project-related agreements, securing all necessary permits, and reaching a final investment decision.
This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.
In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "opportunity," "target," "outlook," "maintain," "continue," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations.
Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits and other authorizations, and other actions by (i) the
These risks and uncertainties are further discussed in the reports that Sempra has filed with the
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SOURCE Sempra North American Infrastructure
Media Contact: Paty O. Mitchell, firstname.lastname@example.org, Twitter: @SempraInfra; Financial Contact: David Huang, (877) 736-7727, email@example.com