Mexico Pacific Limited LLC (MPL) and Shell plc have signed another offtake agreement for MPL’s Saguaro Energía LNG export terminal proposed for Puerto Libertad in Mexico’s Sonora State.


MPL on Monday said it has agreed to supply another 1.1 million metric tons/year (mmty) of liquefied natural gas to an affiliate of Shell plc from its project on Mexico’s Pacific Coast. Shell already has two long-term supply agreements with MPL for 2.6 mmty. Under the latest deal, Shell would purchase LNG on a free-on-board (FOB) basis for a term of 20 years.

The three-train, 14.1 mmty Saguaro Energía project, which has yet to reach a final investment decision (FID), is designed to supply gas from the Permian Basin to consumers in the Asia-Pacific region. The terminal’s location on...