IEnova delays FID on Energia Costa Azul LNG export project

摘要

Sempra Energy’s IEnova unit Thursday said it would delay a final investment decision on its planned Energia Costa Azul liquefaction project on Mexico’s Pacific Coast until the first quarter of 2020. The announcement, made during the company’s third-quarter 2019 earnings call, postpones the FID by at least several months as the company irons out details of the project’s engineering, procurement and construction bidding process, its offtake contracting as well as regulatory permitting.