Mexico Pacific Limited LLC (MPL), a North American LNG export project based on the west coast of Mexico, has announced that it has awarded a front end engineering design (FEED) contract to Technip USA, representing one of the final milestones to moving the project into construction and operation.
Upon its completion, MPL will be an important west coast LNG export facility in North America, offering partners in Asia competitive cost, geographic diversity and supply chain resiliency. The combination of the shorter shipping distance to Asia from its west coast location and its access to low-cost US gas allows the project to deliver some of the lowest landed cost LNG into Asia.
Douglas Shanda, President and CEO of MPL said, “With major permits in hand and the FEED award completed, MPL is on track to take FID and establish a world-class North American LNG export facility on the west coast of Mexico. With this unique project, we will address global energy needs while providing substantial cost advantages for our partners. We look forward to continuing our momentum as we work toward taking FID in early 2021 and bringing the facility into service in 2024.”
“We are excited to take this important step with our partners as MPL continues on its path to becoming the leading west-coast provider of US LNG,” said Josh Loftus, Chief Development Officer of MPL. “We look forward to strengthening our relationships with all current and future global partners as we become a top supplier in the growing LNG market.”
Read the article online at: https://www.tanksterminals.com/terminals/11032020/mpl-finalises-feed-contract-with-technip-usa/