Wednesday, December 7 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of Dec 05
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
By Topic
By News Partner
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    Liquefied natural gas export center ready in Coatzacoalcos

    September 30, 2022 - CE Noticias Financieras


      During the morning press conference, President Andrés Manuel López Obrador (AMLO), informed that Mexico plans to build a Liquefied Natural Gas (LNG) export center, worth between four and five billion dollars, which will be located in the Gulf of Mexico

      and will help satisfy European demand.

      According to the Federal Executive, the LNG facility will be located in the Port of Coatzacoalcos in Veracruz, and will transport the natural gas by ship to Europe


      "Now that there is a lack of gas in Europe, we have this possibility," he said at a press conference.

      "This plant will have guaranteed natural gas, we already have the land and we are about to promote the participation of the private initiative", he added.

      López Obrador previously proposed an LNG plant in Coatzacoalcos. The President made these statements after he offered to intensify cooperation with Germany on liquefied gas, in agreement with German President Frank-Walter Steinmeier


      SHCP: There is still room to adjust the 2023 Economic Package


      his appearance before the deputies in San Lazaro, the head of the Ministry of Finance and Public Credit (SHCP), Rogelio Ramirez de la O, pointed out that the estimates and projections used by the authority to prepare the 2023 Economic Package

      are prudent and provide the administration with room to maneuver, in case the necessary adjustments can be made without putting at risk the resources destined to physical and social investment.

      Likewise, the head of the SHCP

      said "We have to adapt to the risks with the availability of adjustments. What we have left for adjustments is very little, but we are willing to use them."

      We recommend you read


      • Stimulus costs 14% more at the country's borders
      • 12 vacation days in the first year approved
      • Government absorbs cost of debt with trusts

      The official considered that qualifiers for the 2023 Economic Package such as optimistic or pessimistic

      are out of place when talking about planning or objective things. "We are simply doing it with the best there is of the latest data and trends." "And the best there is, as we are not soothsayers, is what we have in front of us," he emphasized. Gas tank explosion in Cortazar, Guanajuato.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.