The authorisations allow MPL to export US gas to Mexico and to export such gas from Mexico in the form of LNG. The conversion from a US gas to Mexican LNG product will take place at the MPL owned facility at Puerto Libertad, in the state of Sonora on the Pacific coast of Mexico.
Leveraging existing pipeline routes to liquefy low cost US shale gas on the Pacific coast of Mexico, the FTA and non-FTA authorisations reinforce MPL’s supply synergy with Asia Pacific customers.
“We’re applying disciplined focus to deliver a world class project with highly competitive landed pricing into Asia,” said Josh Loftus, President of MPL. “We are pleased to receive the ongoing regulatory support of the US and Mexican governments as we build momentum towards taking a final investment decision in [1H20] and start up in [2H23].”
