Amigo LNG pens binding HoA with OQ Trading for LNG supply from Mexico
Amigo LNG, a subsidiary of Singapore-based LNG Alliance, has signed a binding heads of agreement (HoA) with Oman’s OQ Trading (OQT) to supply LNG from its liquefaction facility in Mexico, the company announced on August 30.
"We are advancing rapidly in delivering the strategically located Amigo LNG project, expanding our portfolio of lower-carbon energy solutions to drive the energy transition, and we remain committed to supporting our customers and partners every step of the way,” Muthu Chezhian, CEO of LNG Alliance.
|
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
Amigo LNG operates a large-scale liquefaction and export facility with a capacity of 7.8mn tonnes/year. It is the only project in the region with both Free Trade Agreement (FTA) and non-FTA permits from the US Department of Energy, valid until December 2027. The facility is being developed in close collaboration with the State of Sonora and is located adjacent to the Port of Guaymas in Sonora, Mexico.
Wail Al Jamali, CEO of OQT, said, "We are pleased to enter into this HOA with a trusted project developer in Amigo LNG. The offtake represents a significant step in the growth of our LNG portfolio, allowing us to deliver LNG to our customers within the Asia Pacific region."
Founded in 2013, LNG Alliance is a project development, operations, and asset platform focused on LNG export and import terminal infrastructure. Last month, Amigo LNG also signed a long-term LNG supply agreement with Malaysia’s E&H Energy.