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Shell Sign Mexico Pacific LNG Deal

LNG

Shell Eastern Trading and a subsidiary of Mexico Pacific have signed a sales and purchase agreement for Shell to offtake 2.6 mtpa of LNG from the first two trains of Mexico Pacific’s LNG export facility.

  • Under the sales and purchase agreement, Shell will purchase LNG on a free-on-board basis over a term of 20 years.
  • The project is located on Mexico’s west coast, but will liquefy and export US gas.
  • Shell has recently signed several deals to buy LNG from US projects. The company has also spearheaded and will operate the LNG Canada facility, which is under construction.

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