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Tuesday, August 11, 2020 2:03:38 PM
AMLO, in conjunction with praising Texas natural gas as the cheapest in the world, Mexico’s need for more natural gas infrastructure to transport gas throughout the country, reaching Quintana Roo (Yucatán peninsula) with gas, exporting it further south to Central America, and liquefying it in the port of Salina Cruz in order to export it to Japan... he essentially made clear Mirage’s projects are soon to be announced:
Yes, Mexico has a glut of natural gas because of the lack of infrastructure.. With no storage terminals, they still at best have a three day supply sitting in the pipes. This glut in combination with the ONLY existing natural gas pipeline stretching the Isthmus, being a measly 12”, is not near enough as it stands in order to create a liquefication facility in the port of Salina Cruz. We often talk a lot about our Isthmus project oil related. Let us not forget that we also are adding a brand new 42” inch line in order to support the current 12”. Absolutely crucial to Mexico’s plan, as announced yesterday, to build that LNG terminal in Salina Cruz. Of course, filling that 42” line obviously requires the rehab of the 48” San Fernando, and the Brasil Storage facility that feeds it.
The writing is on the wall!
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