LNG 0.00% 4.3¢ liquefied natural gas limited

Mexico?, page-19

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    So BH and MAggy to service Europe and Latin America.  Third NA project on the Pacific Coast potentially to service Asia.  Seems there are some Mexican operators out there looking to partner with LNG plant developers too.

    Mexicos plans to join the Asian LNG trade.

    http://www.arcticgas.gov/2014/mexico-could-join-west-coast-race-send-lng-asia

    Latest Oil and Gas News:
    July 28, 2014
    (ICIS; July 14) - Mexico has been a growing LNG importer since the country's first regasification terminal opened at Altamira in 2007. However, new pipelines linking the country to U.S. natural gas supplies and energy reforms proposed by Mexico's current government could revolutionise the domestic market. Companies are now evaluating projects to export LNG from Mexico, opening a potential third frontier in the race to deliver North American shale gas to global markets besides Canada and the U.S.

    Until recently, oil and gas exports from Mexico have been the sole domain of state energy company Pemex. However, under new legislation proposed by the government, private companies may, for the first time, be given the opportunity to export oil and gas, whether produced in Mexico or not. As many as four separate LNG export projects are under consideration for Mexico's West Coast, with U.S.-based Sempra Energy behind two of the proposals, according to ICIS, a global energy market information service.
    Similar to projects proposed in Western Canada and Oregon, developers hope to take advantage of shorter shipping distances to Asia. Journey times between Mexico's West Coast and Japan are nearly half those for tankers from the U.S. Gulf via the Panama Canal. Sempra currently is looking at the potential of adding gas liquefaction to its existing Costa Azul LNG import terminal on Mexico's Baja Peninsula. "We expect to make a determination this year about moving forward," a Sempra spokesperson said.
 
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