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Mexico Floating LNG Set for Production in Coming Weeks

LNG

The last major bit of infrastructure required for Mexico’s first floating LNG plant is set to depart from a Texas shipyard this week.

  • LNG developer New Fortress Energy is planning to begin production at the 1.4-million-tons-per-year floating plant off the coast of Altamira, Mexico, in the coming weeks.
  • The first cargo is expected to depart in October.
  • New Fortress in June was granted a permit by Mexico to export up to 7.8 million metric tons through April 2028.
  • A total of nine onshore and floating LNG production facilities are planned for Mexico's Gulf and Pacific coasts, mostly to process U.S. gas.
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