Page 7 - LatAmOil Week 14 2022

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The other MoU covers “a proposed offshore Commission, alliances between some of the
wind project in California under development leading energy companies like TotalEnergies
by TotalEnergies, as well as other renewable and Sempra are increasingly important to
energy and energy storage projects under devel- transatlantic trade and energy security,” he
opment by Sempra Infrastructure in Northern commented. “We own one of the largest energy
Mexico,” it explained. networks in North America, and by collabo-
Sempra did not divulge the projected value rating with TotalEnergies to create additional
of the Vista Pacífico LNG deal or say how large scale advantages in LNG and renewable energy,
a stake the French major might take in the gas our customers benefit from having access to
liquefaction plant, which is slated for construc- cleaner and more affordable energy options and
tion in the port of Topolobampo. However, it did improved security of supply.”
note that TotalEnergies was looking to contract Vista Pacífico LNG is slated to be a mid-scale
for about a third of the facility’s future LNG gas liquefaction plant and LNG export terminal
output. at Topolobampo in Sinaloa State. It will pro-
The French giant is not the only other com- cess gas produced in the US Permian basin and
pany to express interest in Vista Pacífico LNG. imported into Mexico via pipeline, and it will
In January of this year, Sempra Infrastructure deliver gas to export markets in South America,
signed a non-binding agreement with Mexico’s Europe and Asia, as well as certain isolated sec-
national power provider, the Federal Electricity tions of the Mexican domestic market. Accord-
Commission (CFE), on potential joint develop- ing to previous reports, the plant will be able to
ment of this scheme. produce and export about 4mn tonnes per year
In the meantime, TotalEnergies sees Vista (tpy) of LNG. ™
Pacífico LNG, along with the other projects
mentioned in the two MoUs, as an asset to its
business in North America, said Patrick Pouy-
anné, the French company’s chairman and CEO.
“We are pleased to further strengthen our part-
nership with Sempra in North America in LNG
and to extend it to renewables,” he said. “Over
the past years, TotalEnergies has become the
leading exporter of US LNG and has built up a
pipeline of 4 GW of solar projects and 3 GW of
offshore wind projects currently under develop-
ment in the US. This new step in our collabora-
tion allows us to go further in our ambition to
offer our customers sustainable, affordable and
reliable energy, in line with our transformation
into a global multi-energy company.”
Jeffrey Martin, chairman and CEO of Sem-
pra, also stressed the importance of integrating
LNG with renewable energy. “With last week’s
energy accord between the US and European Vista Pacífico LNG will process gas from Permian basin fields (Image: Sempra)

China’s GDG in supply deal with

MPL’s Puerto Libertad LNG terminal

CHINA’S Guangzhou Development Group investment firm AVAIO Capital. The deal calls
(GDG) reported on April 1 that it had signed for shipments to begin once the MPL subsidi-
a long-term supply agreement for LNG from ary’s terminal starts commercial operations, the
an export terminal that Houston-based MPL statement said.
intends to build at Puerto Libertad in Mexico’s The Chinese company did not reveal full
Sonora State. details of its agreement with MPL.
In a statement, GDG explained that its sub- However, it did say that the price of future
sidiary Guangzhou Development Natural Gas LNG supplies would be linked to the Henry
Trading had agreed to buy 2mn tonnes per year Hub index. Additionally, it stated that the con-
(tpy) of LNG over a period of 20 years from tract would take effect once MPL had secured
Mexico Pacific LNG Markets, a subsidiary of financing and begun construction work on its
MPL, which is in turn controlled by the US plant in Puerto Libertad.

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