Exxon to buy another 1.2 Mtpa from Mexico Pacific

January 20, 2024

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Mexico Pacific has signed a third long-term Sales and Purchase Agreement with ExxonMobil LNG Asia Pacific for an additional 1.2 Mtpa of Liquefied Natural Gas (“LNG”) from Train 3 of Saguaro Energia project located on the west coast of Mexico.The volume originates from the option under the separate LNG SPAs executed in January 2023, covering volumes from Trains 1 and 2. Under this SPA, Exxon will purchase LNG on a free-on-board basis over a 20-year term.