Sonora Governor Announces New Investment for LNG Project
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Sonora Governor Announces New Investment for LNG Project

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By MBN Staff | MBN staff - Thu, 02/29/2024 - 17:42

The Sonora government announced that Amigo LNG will invest US$3.4 billion to develop another gas liquefaction terminal at the port of Guaymas, under the leadership of Alfonso Durazo Montaño. This investment aims to establish the state as an international hub for gas liquefaction. Construction on this second project is set to begin in July.

This announcement follows Mexico Pacific Limited's US$13 billion investment in a separate liquefied natural gas terminal seven months ago. Together, these projects represent over US$16 billion in investments, leveraging the region's robust port infrastructure.

"After two years of negotiation, we have forged an alliance between CFE and AMIGO LNG to transform the maritime and energy sectors of Guaymas and Sonora," stated Durazo Montaño.

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