Presidential candidate Claudia Sheinbaum at a rally in Mexico City
Mexico’s fledgling LNG export industry faces growth challenges
While developers are making progress, infrastructure, regulatory and political uncertainties risk stunting opportunities
Mexico’s nascent LNG export industry is developing, but projects are running into delays, and challenges around infrastructure development are adding to considerable uncertainty over the pace of progress. Nonetheless, the first phase of Sempra’s Energia Costa Azul (ECA) facility is under construction and due to enter service in 2025, while a handful of other projects are at earlier stages. These developments benefit from cheap, plentiful gas from the US’ giant Permian Basin. “The relatively steady, low price of US gas futures is also positive for the commercial viability of these LNG projects,” said Bryan Campbell, an energy reporter for the Americas at commodity intelligence firm ICIS. He a
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