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The Biden administration’s pause on new approvals for LNG exports to non-free trade agreement (FTA) countries is casting doubt over the future of liquefaction projects in Mexico that would rely on U.S. feed gas.
The prospect of bypassing the Panama canal and shipping U.S. sourced natural gas to the Asia-Pacific market by way of Mexico’s Pacific Coast has triggered proposals for a dozen or so liquefaction projects in Mexico in recent years.
These include Sempra’s 3.25 million metric tons/year (mmty) Energía Costa Azul (ECA) Phase 1 project, which is under construction and set to begin exporting cargoes in summer 2025. Other advanced projects include New Fortress Energy Inc.’s (NFE) Altamira Fast LNG (FLNG) 1, which the company said will begin commercial operations in July.
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