Mexican Terminal Would Send Permian Gas to Asia

摘要

A Mexican LNG export project once considered a long shot could start pulling as much as half a billion cubic feet of gas per day from the Permian Basin by mid-decade and up to 1.6 Bcf/d by 2030 as the pieces appear to be falling into place.But the venture faces some hurdles,including a glutted market and an unpredictable government south of the border.”The great thing I like about this is,it's North America gas being exported from the west coast of Mexico,”said CEO Douglas Shanda,who took the reins of developer Mexico Pacific Ltd.(MPL)just three weeks ago.”What attracted me to this project was the fact that they've got almost all their major permits in hand.”One authorization that's still pending submittal of binding offtake agreements is the liquefaction permit,which is more an”administrative process”than an obstacle,he told Energy Intelligence during an interview last week.Others aren't so sure,saying leftist President Andres Manuel Lopez Obrador is in no hurry to allow US gas to be exported from Mexican shores while the country is struggling to develop a pipeline grid to access US gas for its own use.