Mirage Energy Corp (MRGE)

[Andyman23]

Landscape
4/29

"[AMLO on Wednesday said] that his administration “had begun discussions” with private industry and representatives from the United States and Canada on plans for economic reopening."

https://www.naturalgasintel.com/articles/121827-mexico-worries-mount-as-coronavirus-cases-rise-and-lockdown-extends-through-end-may

________________________________________________________________________
4/29

"The U.S. is now the world's largest producer and consumer of energy. Because of this, and because of our still-incredible energy production capacity, we do not just have a seat at the table — we are able to set the table. We are able to engage, with strength and authority, our counterparts in energy-producing nations.

"This new reality is a direct consequence of Trump's prioritizing American energy independence and enacting smart policies to make it a reality — right-sizing regulations, cutting bureaucratic red tape, cutting taxes, advocating for American energy exports, and focusing the U.S. Department of Energy on next-generation energy innovation."

-US Secretary of Energy, Dan Brouillette

https://www.washingtonexaminer.com/opinion/op-eds/us-energy-independence-can-still-lead-the-way
________________________________________________________________________

4/23

IEnova Waiting on Mexico Export Permit to Sign Off on Baja California LNG Project


The Energía Costa Azul (ECA) liquefied natural gas (LNG) export project in Mexico’s Baja California is still set for a final investment decision this quarter pending the receipt of an export approval.

While saying that the “core of the business model remains the same,” IEnova CEO Tania Ortiz admitted that some projects and capital spending might be delayed this year, while permitting in Mexico, including the request for the LNG export permit, has slowed because of the pandemic.

“Overall this [ECA] is a project that is very beneficial to Mexico and I believe the administration is aware of that… But we are seeing disruptions because of the current situation.”

The proposed two-phase ECA liquefaction project, a joint venture between San Diego-based Sempra Energy subsidiaries IEnova and Sempra LNG, would be built adjacent to Sempra’s existing ECA LNG receipt terminal near the city of Ensenada. The target market is East Asia.

“The only thing not in our control is the export permit,”
Executive Chairman Carlos Ruiz said.

https://www.naturalgasintel.com/articles/121772-ienova-waiting-on-mexico-export-permit-to-sign-off-on-baja-california-lng-project
_______________________________________________________________________