Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The drama of the Lakach offshore natural gas field serves to underline the difficulties Mexico faces as it tries to develop its…
Lakach
Articles from Lakach
Fast-Build FLNG Projects Seen Meeting Global Push to Secure Energy Supplies
Investments in floating liquefied natural gas (FLNG) production terminals are poised to increase sharply in the next four years, driven by Europe’s need to displace Russian natural gas imports and Asia’s ongoing shift away from coal, according to an analysis from Westwood Global Energy Group. Market research firm Westwood expects 18.3 million metric tons/year (mmty)…
April 10, 2023
New Fortress Cements LNG Agreements with Mexico’s CFE
New Fortress Energy Inc. (NFE) said it has finalized a series of LNG agreements with Mexican state electricity firm Comisión Federal de Electricidad (CFE). The companies are developing a floating liquefied natural gas (FLNG) export hub off the coast Altamira en Tamaulipas state. NFE has committed to deploy multiple FLNG units with regasification capacity of…
November 2, 2022
New Fortress Aiming for Lakach Natural Gas Production Offshore Mexico by End-2023
New Fortress Energy Inc. (NFE) is targeting first natural gas production from the Lakach deepwater field offshore Mexico by the end of 2023, according to CEO Wes Edens. NFE management held a conference call on Thursday to update investors on a series of commercial agreements reached with Mexico’s state-owned energy giants, Petróleos Mexicanos (Pemex) and…
July 6, 2022
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