CFEnergia considering building 4.5-million tpy Gulf Coast LNG plant

Dec. 5, 2022
CFEnergia SA de CV has solicited expressions of interest in building a 4.5-million tonne/year LNG plant on Mexico’s Gulf Coast at Coatzacoalcos port, Veracruz state.

CFEnergia SA de CV has solicited expressions of interest in building a 4.5-million tonne/year LNG plant on Mexico’s Gulf Coast at Coatzacoalcos port, Veracruz state. CFE would use natural gas imported under contract via pipeline from the US to feed the plant, with interested parties expected to build, operate, and maintain it for 20 years.

TC Energy Corp. earlier this year awarded Allseas Group SA a contract to build a 1.3-bcfd subsea pipeline from Tuxpan, Mexico, to Coatzacoalcos and Dos Bocas (OGJ Online, Sept. 28, 2022).  

In addition to supplying the feedgas, CFE said that it would provide the land on which the plant will be sited and assist with project permitting. The awarded participant, in addition to covering the price of the natural gas and its transportation by pipeline, will market the LNG produced and grant CFEnergia a consideration based on profits derived from sale of the LNG.

Companies interested in bidding must have at least 75% Mexican equity.

CFEnergia is the gas-trading arm of Mexico’s public utility, Comisión Federal de Electricidad.