Mitsubishi Corporation

Press Room

May 14, 2019
Mitsubishi Corporation

Production Underway at Cameron LNG

Mitsubishi Corporation (MC) is pleased to announce that the production of liquefied natural gas (LNG) from the Cameron LNG Project officially commenced on May 14, 2019, local time. MC’s involvement in the project is by way of Japan LNG Investment, LLC (JLI), a joint venture with Nippon Yusen Kabushiki Kaisha.
Construction of the project facilities began after the final investment decision was reached in August 2014. Now that production is underway, it will take several weeks to be loaded onto carriers for the first shipment.
The project is operated by Cameron LNG, LLC (CLNG), whose partners and shareholders include Sempra Energy (50.2%), Total (16.6%), Mitsui & Co. (16.6%) and JLI (16.6%). The May production launch is via the first liquefaction train, however second and third trains are currently under construction. Each train has a production capacity of 4 million tons per annum (MTPA), meaning that once all three trains are operational, the project will be capable of supplying 12 MTPA.
MC plans to source natural gas from throughout North America and deliver it via pipeline to the Cameron LNG terminal, where it will be liquefied by CLNG under a 4 MTPA tolling agreement.  Those 4 million tons will then be sold to buyers in Japan and around the world by MC’s affiliated LNG marketing company.
With the rising global population driving up consumption, there has been an increased demand in recent years for greener energy sources, including LNG. Recognizing this trend, MC hopes to leverage the Cameron LNG Project to add the US to its existing LNG sources in Southeast Asia, the Middle East and Australia, thereby helping to ensure a stable, long-term supply. This aim is consistent with MC’s mission to simultaneously generate economic, societal and environmental value.
【Project Scheme】
【Planned Location of Cameron LNG】
【Plant Completion Drawing】
【Company Outlines】
Cameron LNG, LLC
(Name)Cameron LNG, LLC
(Date Established)2001
(Headquarters)Houston, Texas, US
(Representative)Farhad Ahrabi, CEO
(Business Activities)Operation of the Cameron LNG terminal
Sempra Energy
(Name)Sempra Energy
(Date Established)1998
(Headquarters)San Diego, California, US
(Representative)Joseph A. Householder, President & Group Chief Executive Officer
(Business Activities)An energy services company, Sempra Energy is the largest
power generation and gas distribution company on the US West Coast
(Name)Total S.A.
(Date Established)1924
(Headquarters)Courbevoie, France
(Representative)Patrick Puyanné, Chairman & CEO
(Business Activities)A global energy player, which develops, produces and supplies oil & natural gas and low-carbon electricity, and operates petrochemical industrial and trading businesses
Mitsui & Co., Ltd.
(Name)Mitsui & Co., Ltd.
(Date Established)July 15, 1947
(Headquarters)1-1-3 Marunouchi, Chiyoda-ku, Tokyo
(Representative)Tasuo Yasunaga, President & CEO
(Business Activities)A diversified and comprehensive trading, investment and service enterprise that develops business in the fields of metals, machinery & infrastructure, chemicals, energy, lifestyle, and innovation & corporate development businesses
Nippon Yusen Kabushiki Kaisha
(Name)Nippon Yusen Kabushiki Kaisha
(Date Established)September 29, 1885
(Headquarters)2-3-2 Marunouchi, Chiyoda-ku, Tokyo
(Representative)Tadaaki Naito, President
(Business Activities)Global logistics based on liner trade business, air cargo transportation business and logistics business, bulk shipping-business, real estate business and related services, and other business services
Mitsubishi Corporation
(Name)Mitsubishi Corporation
(Date Established)April 1, 1950
(Headquarters)2-3-1 Marunouchi, Chiyoda-ku, Tokyo
(Representative)Takehiko Kakiuchi, President and Chief Executive Officer
(Business Activities)A global integrated business enterprise that develops and operates businesses across virtually every industry including natural gas, industrial materials, petroleum & chemicals, mineral resources, industrial infrastructure, automotive & mobility, food industry, consumer industry, power solution and urban development

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