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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