Texas company to build $14bn LNG plant in Mexico
6 May 2023Texan energy company Mexico Pacific will build a $14bn liquified natural gas (LNG) plant at Puerto Libertad in the Mexican state of Sonora.
Mexican president Andrés Manuel López Obrador tweeted the announcement Tuesday. It follows a lengthy planning and development period.
In the project’s first phase, Mexico Pacific will build two liquefaction units, each with a capacity of 4.7 metric tonnes per annum (mtpa).
It will build a third 4.7 mtpa unit in the second phase, giving the plant, called Saguaro Energía, a total production capacity of 14.1 mtpa.
The company will also build two storage tanks, a port terminal, and the “Saguaro Connection” pipeline.
It said the contract would be a flat-rate, turnkey EPC, and would involve partners Bechtel, Techint, ConocoPhillips, and Baker Hughes.
According to business website BNAmericas, Mexico Pacific has signed a series of long-term supply contracts for its LNG, including a 20-year sale and purchase agreement for 3.7 million tonnes a year with Shell and 2 million tonnes with Exxonmobil.
Related
-
ZHA wins with design for new Vilnius airport terminal
1 July 2025
-
EBRD supports Egypt with first private-to-private electricity contracts
1 July 2025
-
Budapest to get its first airport rail link
30 June 2025
-
UK rejects support for $33bn Moroccan subsea renewable energy link
30 June 2025
-
China signs deal for phosphoric acid plant in Egypt
30 June 2025
-
Skanska lands $250m Boston airport parking garage contract
27 June 2025