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Mexico Pacific to double LNG processing capacity at proposed plant

U.S.-based Mexico Pacific Ltd said on Tuesday it plans to double the potential capacity of its proposed LNG project in Puerto Libertad, on Mexico's west coast. 

The project now aims to produce 28 MMtpy of LNG from six gas-processing trains, up from the original 14 MMtpy from three trains, Chief Executive Douglas Shanda told Reuters. The privately-held developer is looking to have financing approvals for the first two trains in the second quarter, he said. 

“We've put together the development plans to go ahead and start filing for the permitting,” Shanda said. First delivery from the Puerto Libertad LNG plant is expected in the second half of 2025. 

The company has said it secured agreements for supplying 14 MMtpy through a MOU with two or more parties. It has declined to identify the parties pending signed agreements. 

"We're working to convert those to binding offtake agreements now," Shanda said. 


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FEATURED COLUMNS

Editorial Comment
-Lee Nichols
The gas processing/LNG sector is investing in new technologies to mitigate carbon emissions from both operations and its supply chain.
Industry Focus: Maximizing the performance of your ETRM system
-Teresa Kroh, Brad York
Energy trading and risk management (ETRM) systems are vital for the support of business processes associated with trading energy commodities such as crude oil, refined products, natural gas, natural gas liquids (NGLs) and electric power, as well as facilitating the movement and delivery of those energy commodities and associated risk management activities.
Sustainability
-Oz Rodriguez, Catriona Penman
More than 100 participating countries at the 26th UN Climate Change Conference of the Parties (COP26) signed the Global Methane Pledge, in which they agreed to take action to reduce methane emissions at least 30% by 2030 vs. 2020 levels.


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