AMIGO LNG inks 20-year LNG supply deal with 2PointZero’s IRH

MONTERREY, MEXICO (By Isaac Silvestre, Energy Analytics Institute, 1.Apr.2026, Words: 386) — Abu Dhabi-based International Resources Holding signed a 20-year liquefied natural gas (LNG) sale and purchase agreement with AMIGO LNG securing long-term LNG supply to support growing global energy demand.

The deal strengthens IRH’s strategy of securing reliable LNG supply from geographically diversified sources, IRH said on 1 Apr. 2026 in an official statement.

“This agreement highlights the growing role Mexico can play in strengthening global LNG supply chains,” said AMIGO LNG CEO Muthu Chezhian in the statement. “By connecting Mexico’s Pacific coast with world-class energy partners such as IRH, we are establishing efficient new LNG supply routes that strengthen global energy security and support long-term demand.”

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Per the agreement, IRH, the natural resources investment platform and a subsidiary of 2PointZero Group, will acquire 1 million tonnes per annum (MTPA) of LNG from AMIGO LNG’s export project in Guaymas, Sonora. 

“Mexico’s west coast offers a structurally resilient LNG supply route to Asia that is not dependent on major maritime chokepoints such as the Panama Canal,” IRH CEO Ali Rashed said in the statement. “By partnering with AMIGO LNG, we are helping strengthen global energy security while ensuring competitive and dependable LNG supply for international markets.”

Deliveries are expected to start when the project’s liquefaction train enters commercial operations in the second half 2028.

AMIGO LNG, situated on Mexico’s west coast, will provide direct shipping access to Asian markets without reliance on the Panama Canal – avoiding a key global shipping bottleneck and enabling highly competitive LNG delivery costs into Asia. 

Mexico is increasingly emerging as a strategic LNG energy hub, offering Pacific access that can help diversify global supply routes and enhance energy security for international buyers.

“This agreement marks an important milestone in strengthening IRH Global Trading’s long-term LNG portfolio. By securing competitively priced Pacific Basin supply, we are enhancing the resilience and diversification of our global trading platform while expanding our ability to serve key growth markets,” said IRH CEO Ali Rashed. “As a company headquartered in the UAE, This partnership also reflects our commitment to supporting the country’s growing role as a global energy and trading hub, while building strategic relationships that contribute to the future of international energy markets.”

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By Isaac Silvestre reporting from Monterrey. © 1999-2026 Energy Analytics Institute (EAI). All Rights Reserved.