Woodside is further diversifying its LNG portfolio with more U.S.-sourced gas from a new supply agreement with Mexico Pacific Ltd. (MPL), tallying another major offtaker for the proposed Mexican terminal.

Woodside has inked a 20-year, 1.3 million metric ton/year (mmty) sales and purchase agreement (SPA) for offtake from the Saguaro Energia LNG terminal on a free-on-board basis. Prices are to be linked to U.S. indexes.

MPL President and Chief Commercial Officer Sarah Bairstow said Woodside’s addition as a foundational offtaker for Saguaro’s third train further validates “the value of West Coast Mexican LNG.

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“We look forward to continuing...