Mexico poised to enter global liquefied natural gas industry and surpass Canada

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 92%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Demand for LNG exports from Mexico increased after Europe experienced an energy crunch because of Russia’s invasion of Ukraine

Proponents of Mexican LNG exports have short timelines for their projects, with one of them leap-frogging ahead of Canada. In August, New Fortress Energy Inc. plans to start exporting LNG from the Altamira project in the Mexican state of Tamaulipas along the Gulf Coast, earmarking deliveries for Europe.

The Sempra-led Costa Azul project is initially targeting three million tonnes a year of LNG exports to Asia. The project has ambitious plans for expansion for a second phase that would add 12 million tonnes a year from the site in the Mexican state of Baja California. IEFFA was responding to an application by Mexico Pacific for increasing its authorized amount of imports of U.S. natural gas.

In Kitimat, LNG Canada recently received the 199th of 215 modules that were ordered for its Phase 1. The final large modules from the Qingdao fabrication yard in China arrived last month for installation in Kitimat, while smaller units will come from the Zhuhai facility, also located in China.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Canada Latest News, Canada Canada Headlines