Sempra, CFE to expand Mexican infrastructure efforts
US infrastructure company Sempra Infrastructure and Mexico’s state-owned utility CFE said July 21 they had entered into several agreements to advance energy projects in Mexico, including the potential development of a new LNG terminal on Mexico’s southern west coast.
The agreements establish the framework for a joint venture to re-route and complete the stalled Guaymas-El Oro pipeline and outline a path forward for the Vista Pacifico LNG terminal in Topolobampo, Sinaloa, including details that would help move to advanced engineering and permitting stages.
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The two are also expanding a memorandum of understanding (MOU) signed earlier this year to explore the potential development of an LNG terminal in Salina Cruz. This new opportunity will support the government’s efforts to develop an interoceanic corridor across the Isthmus of Tehuantepec that would promote economic growth and development in Mexico’s south-southeast region.
“These development projects would allow CFE to potentially optimise the use of existing natural gas pipeline systems, provide additional sources of LNG supply for isolated markets in Mexico and continue to expand LNG supplies to the global market,” the two said in a joint statement.
The Vista Pacifico LNG and Salina Cruz LNG agreements are preliminary and non-binding, and all the development projects, including Guaymos-El Oro, remain subject to the satisfaction of a number of commitments, including reaching final investment decisions.