Mexico Pacific Limited LLC (MPL) has awarded a front end engineering design (FEED) contract to Technip USA. MPL, which is a North American LNG export project based on the west coast of Mexico, said in a statement that this represents “one of the final milestones to moving the project into construction and operation”.
The completion of MPL will mean it can offer competitive costs to Asian partners, as well as supply chain resiliency and geographic diversity, which all combine to make it an important west coast LNG export facility for North America.
It said in the statement: “The combination of the shorter shipping distance to Asia from its west coast location and the access to low-cost US gas will allow the project to deliver some of the lowest landed cost LNG into Asia.”
Douglas Shanda, President and CEO of MPL said: “With major permits in hand and the FEED award completed, MPL is on track to take FID and establish a world-class North American LNG export facility on the west coast of Mexico.
“With this unique project, we will address global energy needs while providing substantial cost advantages for our partners. We look forward to continuing our momentum as we work toward taking FID in early 2021 and bringing the facility into service in 2024.”
Josh Loftus, Chief Development Officer at MPL, added: “We are excited to take this important step with our partners as MPL continues on its path to becoming the leading west-coast provider of US LNG. We look forward to strengthening our relationships with all current and future global partners as we become a top supplier in the growing LNG market.”
For more information visit www.mexicopacificlimited.com