Mexico is on track to become Latin America’s leading LNG exporter in terms of regasification capacity, while the region as a whole could become a net liquefied natural gas exporter, according to Poten and Partners.

The shipbroker and consulting firm’s Sergio Chapa, senior LNG analyst, provided an overview of the regional LNG balance during a webinar on Wednesday.

Mexico has three liquefaction projects with a combined capacity of 7.5 million metric tons/year (mmty) currently under construction, while another eight projects totaling 50.2 mmty are proposed. Developers mostly plan to re-export gas imported via pipeline from the United States.

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