Mexico Pacific Edging Saguaro LNG Toward FID to Move Permian Gas

Mexico Pacific CEO Sarah Bairstow shared her thoughts with Hart Energy on the outlook for the Saguaro Energ铆a LNG project as it marches forward with plans to be the Permian鈥檚 relief valve on associated gas buildup.

Mexico Pacific鈥檚 30 million tonnes per annum (mtpa) Saguaro Energ铆a LNG project will offer Permian producers a relief valve for their gas and connect the U.S.鈥� cheapest gas to Asia鈥攖hat is, once the project makes it across its must important financial hurdle.

The project is still awaiting an estimated $15 billion final investment decision (FID) to develop its first phase. And among other headwinds, developers of Mexican liquefaction projects have to deal with security risks, a slow regulatory process and overlay of U.S. regulation for gas exports.

But there appears to be light at the end of the tunnel for Mexico Pacific.

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Mexico Pacific Edging Saguaro LNG Toward FID to Move Permian Gas

Mexico Pacific CEO Sarah Bairstow shared her thoughts with Hart Energy on the outlook for the Saguaro Energía LNG project as it marches forward with plans to be the Permian’s relief valve on associated gas buildup.

Mexico Pacific’s 30 million tonnes per annum (mtpa) Saguaro Energía LNG project will offer Permian producers a relief valve for their gas and connect the U.S.’ cheapest gas to Asia—that is, once the project makes it across its must important financial hurdle.

The project is still awaiting an estimated $15 billion final investment decision (FID) to develop its first phase. And among other headwinds, developers of Mexican liquefaction projects have to deal with security risks, a slow regulatory process and overlay of U.S. regulation for gas exports.

But there appears to be light at the end of the tunnel for Mexico Pacific.

YOU’VE REACHED YOUR FREE STORY LIMIT.

Sign Up to Continue Reading for Free.

Gain access to limited free articles, energy news and analysis, exclusive interviews, and newsletters.

No credit card required. You agree to our Privacy Policy.

Comments

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This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.