Market Research Report for Mexico Pacific
Company Overview
Name:
Mexico Pacific
Mission of the Company:
Delivering world-class infrastructure to strengthen global energy security, reduce emissions, and improve lives through LNG development.
Founded:
No information is available.
Founders:
No information is available.
Key People:
- Sarah Bairstow, Chief Executive Officer
- Ivan Van der Walt, Former CEO
- Charles Davidson, Executive Chairman and Partner at Quantum Capital Group
- Douglas Shanda, Former CEO
- Wil VanLoh, Founder and CEO of Quantum Energy Partners
- Peter Clarke, ExxonMobil’s Head of Global LNG and Senior Vice President
Headquarters:
700 Louisiana St., Suite 2410, Houston, Texas, 77002
Number of Employees:
51-200 employees
Revenue:
No information is available.
Known For:
Developing the Saguaro Energía LNG Facility and the Sierra Madre Pipeline, forming the largest private investment in Mexico and a foundational pillar for clean energy development under the Sonora Plan.
Products
Saguaro Energía LNG Facility
Located in Puerto Libertad, Sonora, Mexico, strategically developed to cater to the LNG market in Asia with significantly shorter shipping routes and lower landed cost of LNG due to proximity to the Permian Basin.
Key Features:
- 15 mtpa capacity across three trains
- Leveraging low-cost U.S. natural gas supply
- Shorter, uncongested shipping routes avoiding the Panama Canal
- Robust environmental and social assessments
- Located distant from population centers and protected areas
Sierra Madre Pipeline
A 500-mile pipeline that facilitates the transportation of natural gas from the U.S. border to the Saguaro Energía LNG Facility.
Key Features:
- Aligned with significant environmental and social priorities
- Avoids population centers, indigenous communities, and environmentally protected areas
- Delivers up to 2.8 Bcf/d natural gas
- Developed in collaboration with GDI Sicim Pipelines and Bonatti
Recent Developments
New Products Launched:
- N/A (No specific new products listed)
New Features Added to Existing Products:
- Optimization outcomes that unlock incremental LNG volumes for financing
- Enhanced sustainability and efficiency measures, including advanced liquefaction and pipeline technologies
Recent Partnerships and Agreements:
- POSCO International: SPA for 0.7 mtpa of LNG over 20 years (Aug 28, 2024).
- Woodside: SPA for 1.3 mtpa of LNG over 20 years (Dec 5, 2023).
- ExxonMobil LNG Asia Pacific: Additional SPA for 1.2 mtpa from Train 3 and an option for 1 mtpa from Train 4 (Jan 16, 2024).
- Zhejiang Energy: SPA for 1.0 mtpa over 20 years (Jul 5, 2023).
- Shell Eastern Trading (Pte) Ltd: Third SPA for 1.1 mtpa from Train 3 (Mar 27, 2023).
- ConocoPhillips: Concluded long-term SPAs for 2.2 mtpa across three trains (Aug 3, 2023).
Strategic Alliances:
- Government of Sonora: Collaboration agreement to support clean energy and economic initiatives under the Sonora Plan (Jul 20, 2023).
- Government of Chihuahua: Strategic collaboration for the construction and operation of the Sierra Madre Pipeline (Nov 15, 2023).
- Comisión Federal de Electricidad (CFE): Long-term natural gas supply agreement and strategic alliance for project construction (Jul 18, 2023).
Key Announcements:
- Financing: Engagement with MUFG as financial advisor to lead project financing (Apr 16, 2020).
- Appointments: Sarah Bairstow appointed as Chief Executive Officer (Apr 12, 2024).
Summary
Mexico Pacific is a key player in the LNG market, focusing on the development of the Saguaro Energía LNG Facility and the Sierra Madre Pipeline, both strategic investments set to strengthen global energy security and support the energy transition. The company has established numerous strategic partnerships and secured key agreements to underpin its operations and further growth.
