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Shell, Sempra Receive Permits for Baja Plant

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From Bloomberg News

Royal Dutch/Shell Group and Sempra Energy received permits from Mexico for construction of a $600-million liquefied natural gas terminal to process gas from Russia for sale locally and in California.

The companies plan to build a re-gasification plant in Baja California on the Mexican Pacific Coast to treat natural gas brought in from Russia.

The plant, scheduled for completion in 2007, would process about 1 billion cubic feet of gas a day.

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