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Sergio Chapa Profile picture
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Jul 6 • 3 tweets • 2 min read
NextDecade flipped a 1 mtpa HOA with China's Guangdong Energy into a 20-year SPA for its proposed Rio Grande LNG

Project total sold remains at 7.75 mtpa. The company needs to reach 11 mtpa for a final investment decision on the first two trains.

#LNG #ONGT #NatGas #Shale #RGV
Correction: Project total sold is now at 7.25 mtpa.
Footnote: Rio Grande LNG faces a large coalition of opponents

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More from @SergioChapa

Sergio Chapa Profile picture
Jul 5
New Fortress Energy had three announcements this morning involving three projects in Mexico 🇲🇽

1) Offshore LNG project in Veracruz
2) Offshore LNG project in Tamaulipas
3) Sale of a power plant / natural gas deal in Baja California Sur

#LNG #NatGas #ONGT #Shale #OOTT #MXEnergy
The first announcement involved a deal with Mexico's state-owned oil company Pemex to develop the offshore Lakach Field near Coatzacoalcos, Veracruz

The deepwater natural gas field will supply the domestic market and be used for LNG exports

Details at bit.ly/3aedNkC
The second announcement involved a deal with Mexico's state-owned electricity company CFE

CFE will supply natural gas for an offshore LNG project near Altamira, Tamaulipas

Details at bit.ly/3bQ39B4
Read 5 tweets

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