Mexico

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…

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…

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…

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…

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…

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…

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…

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…

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,…