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
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
