Commentary: Near-term Triggers for ECA, Saguaro Energia, Vista Pacifico and Salina Cruz

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Jan.2025) — Natural gas-short Mexico looks to utilize its proximity to Asia to offer primarily US and Asian LNG developers optionality in placement of their LNG exports facilities outside US territory. Such a move affords them the opportunity to bypass the Panama Canal and related shipping delays, and provide a competitive edge over US Gulf Coast based projects. 

5 initial LNG exporting projects planned on Mexico’s Pacific Coast by Sempra Infrastructure, Mexico Pacific Limited, LNG Alliance and CFE could assist Mexico build out 59.1 million tonnes per annum (mtpa) of LNG capacity.