Sempra Energy Financial Highlights Q2-2022 slide image

Sempra Energy Financial Highlights Q2-2022

U.S. LNG DEVELOPMENT UPDATE Phase 2 • CAMERON LNG Permits | Pending FERC amendment FEED Competitive process, targeted completion summer 2023 Train 1-3 Debottlenecking • • • Capacity | ~1 Mtpa Expected Offtake | 25% Sempra Infrastructure, 75% Cameron LNG Partners Train 4 Nameplate Capacity | ~6 Mtpa Expected Offtake | 50% Sempra Infrastructure, 50% Cameron LNG Partners 3 4 HOAS³ for SI Capacity | PGNiG + INEOS* 1 PORT ARTHUR LNG Phase 1 • Permits | FERC Order² + DOE Export • EPC | Bechtel refresh underway • • Long-Term Offtake Capacity | ~10 Mtpa 3 HOAS | 9.65-11.65 Mtpa | ConocoPhillips, RWE, PGNiG, INEOS 4 Phase 2 Long-Term Offtake Capacity | ~5-10 Mtpa (1 or 2 Trains) 1. The ability to complete major development and construction projects is subject to a number of risks and uncertainties. Projected capacities represent 100% of the project, not Sempra's ownership share. Capacities are illustrative and approximate. 2 3 4 4. Contemplating administrative changes to FERC order to optimize equipment locations for potential subsequent expansion. The current arrangements do not commit any party to enter into definitive contracts, which are subject to negotiation. INEOS' HOA provides Sempra Infrastructure opportunity to allocate volumes between the two projects, and the above presentation assumes the allocation of the entire INEOS volume to Port Arthur LNG Phase 1. PGNiG's HOA provides opportunity in 2022 to reallocate volumes from Cameron LNG Phase 2 to Port Arthur LNG Phase 1. SEMPRA 6
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