Mexican LNG offers sea change
Shortening shipping times could deliver substantial gains to exporters, but they would still need to navigate the country’s complex regulation process
The idea of shipping US gas to Mexico for liquefaction and exporting onwards to Asia is gaining traction, especially in the wake of US infrastructure firm Sempra Energy’s FID on its Energia Costa Azul (ECA) LNG export project in November. Other projects have been proposed for Mexico’s Pacific Coast that would also use US gas as feedstock. But Mexico’s changing regulatory environment and policy of favouring state-owned energy companies presents a potential deterrent for foreign players. That said, for some companies the advantages of shipping from Mexico may still outweigh the risks involved. Ogan Kose, a managing director and global lead for consultancy Accenture, estimates that the risk rel
Also in this section
5 March 2025
The oil alliance’s decision to keep to the plan amid tightening economic fundamentals seems to have been lost in the global geopolitical maelstrom, misplaced market speculation and haze of conjecture
5 March 2025
Petronas is making huge efforts to arrest falling oil production and accelerate gas increases to meet rising demand, but political tensions persist
5 March 2025
Plans to boost capacity have seen little progress as the country lags behind other major oil consumers and importers
4 March 2025
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors
