Companies & Finance

Sempra Energy reports $561 mln loss

California-based Sempra Energy posted a $561 million loss in Q2.
By Staff reporter 6 August 2018 0 32033

California-based Sempra Energy posted a $561 million loss in Q2, largely driven by a $755 million impairment relating to the planned sale of gas storage assets in the southeastern United States.

Sempra signed a preliminary LNG sales agreement in June with Poland’s PGNiG to supply 2 mtpa over 20 years, beginning in 2023.