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IEnova green light for new LNG Terminal on Mexico’s West Coast

Infraestructura Energetica Nova (IEnova) is moving ahead with a project to convert its Energia Costa Azulliquefied natural gas (LNG) import terminal in Mexico to a liquefaction facility for exports to Pacific markets.

“We received the three major Mexican permits that are required and we are moving forward with discussions to better understand demand and size the project appropriately,” Vice President Tania Ortiz Mena, who handles business development, said during a fourth quarter earnings call on Wednesday. “We expect to make substantial progress on defining the project throughout this year.”

The Sempra Energy Mexico subsidiary signed an agreement with its Costa Azul partner, Petroleos Mexicano (Pemex), in 2015 to begin developing a liquefaction facility at the terminal, which is near Ensenada in the northwest state of Baja California.

Infraestructura Energetica Nova (IEnova) is moving ahead with a project to convert its Energia Costa Azulliquefied natural gas (LNG) import terminal in Mexico to a liquefaction facility for exports to Pacific markets.

“We received the three major Mexican permits that are required and we are moving forward with discussions to better understand demand and size the project appropriately,” Vice President Tania Ortiz Mena, who handles business development, said during a fourth quarter earnings call on Wednesday. “We expect to make substantial progress on defining the project throughout this year.”

The Sempra Energy Mexico subsidiary signed an agreement with its Costa Azul partner, Petroleos Mexicano (Pemex), in 2015 to begin developing a liquefaction facility at the terminal, which is near Ensenada in the northwest state of Baja California.

Source: NGI

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