Mexico
Saguaro LNG has been crippled by internal dysfunction, rising costs, and strategic drift, according to a new report.
Mexico had hoped that it could one day become the 4th largest LNG exporter in the world. But delays at several Mexico LNG projects put that vision in doubt.
Mexico is highly dependent on the U.S. for gas. Fast deployment of solar and wind could cut costs and minimise energy security risk, according to a new report.
Big LNG plans on Mexico’s Pacific Coast could make it the fourth-largest exporter but would worsen climate change and damage one of the world’s most biologically diverse marine environments.
Mexico will soon open an export pathway for low-cost U.S. gas to reach high-paying Asian markets, but policy questions on both sides of the border may be narrowing the near-term scope of the Mexican route.
A potential Mexico LNG export boom awaits. But while two small projects move forward, much larger proposals face financial and regulatory risk.