The Government of the Mexican State of Sonora and the oil and gas company Mexico Pacific have signed a collaboration agreement supporting Mexico Pacific’s 15 Mt/year Saguaro Energia LNG export facility, located in Puerto Libertad, Sonora, Mexico. The liquefaction project is expected to start operations in 2026.
Earlier in July 2023, Mexico Pacific signed a 20-year agreement to supply 1 Mt/year of LNG to China’s Zhejiang Energy from the Saguaro Energia LNG facility, starting in 2027. In February 2023, ExxonMobil also signed two long-term Sales and Purchase Agreements (SPAs) with Mexico Pacific for the supply of 2 Mt/year of LNG from the facility. In July 2022, Shell also signed a 20-year SPA for the supply of 2.6 Mt/year of LNG from Saguaro Energia.
Mexico has currently no LNG liquefaction capacity, but several export projects are currently under development. In addition to Mexico Pacific, Sempra Energy is developing two liquefaction trains with a total capacity of 14 Mt/year on the site of the existing Energia Costa Azul regasification plant. In 2020, the company made a FID on the first phase (2.4 Mt/year), which is expected to be commissioned in 2025.
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