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
Also in this section
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
20 January 2025
Country offers to boost gas exports to Europe to 10bcm/yr, but serious questions remain
20 January 2025
The country’s oil and gas giant, KazMunayGas, is pushing ahead with a series of significant international partnerships
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
