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NFE Planning to Deploy Fast LNG Tech in Mexico

NFE Planning to Deploy Fast LNG Tech in Mexico

New Fortress Energy Inc. (NFE) is looking to develop up to four fast LNG (FLNG) projects offshore Mexico’s Gulf Coast amid the global natural gas supply crunch, management said during an earnings call last week. This is in addition to the company’s first FLNG project currently under development offshore Louisiana. At the port of Altamira,…

August 12, 2022
Sempra Eyeing Potential Participation in Three Mexico LNG Projects

Sempra Eyeing Potential Participation in Three Mexico LNG Projects

San Diego-based Sempra’s whirlwind of LNG and equity agreements includes the potential to develop up to three different natural gas export projects on Mexico’s Pacific coast. CEO Jeff Martin said last week that “significant growth drivers” were influential for the Sempra Infrastructure subsidiary formed last year to expand liquefied natural gas exports, net-zero fuels and…

August 9, 2022
Mexico Vehicular Natural Gas Said Major Growth Opportunity

Mexico Vehicular Natural Gas Said Major Growth Opportunity

With more than 50 million vehicles on Mexican roads, Andres Alfonso Bayona Insignares, President of the Mexican Association of Vehicular, Compressed and Liquid Natural Gas and Biogas, sees “a tremendous amount of development opportunities” for vehicular natural gas as a transitional fuel. “Initially, we are focused on locating small niches in the market and, from…

August 8, 2022
TC Energy, CFE Sanction Mexico’s 1.3 Bcf/d Marine Pipeline Extension; Possible Start in 2025

TC Energy, CFE Sanction Mexico’s 1.3 Bcf/d Marine Pipeline Extension; Possible Start in 2025

Canada’s TC Energy Corp. and Mexico’s Comisión Federal de Electricidad (CFE) have reached a final investment decision (FID) to build a 444-mile underwater natural gas pipeline. The 1.3 Bcf/d, $4.5 billion Southeast Gateway Pipeline would originate onshore in Tuxpan, Veracruz. It then would proceed offshore, making landfall at Coatzacoalcos, Veracruz and Dos Bocas, Tabasco. Dos…

August 5, 2022
Europe Top Destination for U.S. LNG in 1Q2022, but Asian Restocking Could Boost Buying

Europe Top Destination for U.S. LNG in 1Q2022, but Asian Restocking Could Boost Buying

Europe replaced Asia as the top destination for LNG exports from the United States in the first quarter of 2022 while pipeline gas exports to Mexico continued to grow, according to the latest trade scorecard compiled by the U.S. Department of Energy’s gas regulation division. France, Spain, the United Kingdom, Turkey and the Netherlands combined…

August 3, 2022
Natural Gas Futures Still Hot as Summer Temperatures Pummel North America – Mexico Spotlight

Natural Gas Futures Still Hot as Summer Temperatures Pummel North America – Mexico Spotlight

North American natural gas prices continued to be pressured to the upside this week amid sizzling temperatures and low storage inventories. The August New York Mercantile Exchange (Nymex) contract went out meekly as prompt month on Wednesday after a nearly week-long rally. The August gas futures contract settled at $8.687/MMBtu, down 30.6 cents day/day. September…

July 28, 2022
Mexico’s CFE, Sempra LNG Signal Potential ‘Path Forward’ for Vista Pacífico Exports

Mexico’s CFE, Sempra LNG Signal Potential ‘Path Forward’ for Vista Pacífico Exports

Mexico’s state utility Comisión Federal de Electricidad (CFE) has clinched some preliminary agreements for LNG and natural gas infrastructure projects with Sempra Infrastructure, including a potential joint venture. The liquefied natural gas and energy infrastructure arm of San Diego-based Sempra may create a partnership with CFE to reroute the Guaymas-El Oro pipeline in Sonora under…

July 25, 2022
Natural Gas Development in Mexico an Afterthought, Upstream Expert Says

Natural Gas Development in Mexico an Afterthought, Upstream Expert Says

Natural gas output at Petróleos Mexicanos (Pemex) remains under par because the company is solely focused on oil production, according to Sergio Guaso, founder of consulting firm Guaso360. Guaso told NGI’s Mexico GPI that “no matter what happens, the mission for Pemex is always to increase barrels of oil production. The rest is secondary.” Guaso…

July 22, 2022
LNG in Mexico Gathers Steam Amid War in Ukraine – Listen Now to NGI’s Hub & Flow

LNG in Mexico Gathers Steam Amid War in Ukraine – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. In this episode, NGI’s Mexico & Latin America editor Christopher Lenton is joined by Mexico Pacific Ltd. LLC’s Chief Commercial Officer Sarah Bairstow to talk about the company’s LNG export project in Mexico’s Sonora State. Global eyes are on Mexico’s Pacific…

July 20, 2022
Shell Signs Binding Offtake Agreement for Mexico LNG Terminal

Shell Signs Binding Offtake Agreement for Mexico LNG Terminal

A unit of Shell plc has signed a sales and purchase agreement (SPA) for 2.6 million metric tons/year (mmty) of offtake from Mexico Pacific Ltd. LLC’s (MPL) LNG export terminal on Mexico’s Pacific Coast. Envisioned for Puerto Libertad in Sonora State, the terminal’s first two trains would have a combined liquefaction capacity of 14.1 mmty,…

July 12, 2022
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