US companies plan LNG bunkering terminal in Mexico

The planned terminal would be located in Salinas del Márquez, Salina Cruz, Oaxaca state, Mexico.

The joint venture partners said the project would be ideally positioned to supply North and Central American bunker and fuel markets, as it is strategically located on the Pacific side of the Panama Canal.

The facility will be able to produce 2.3 million litres (600,000 gallons) of LNG per day, or roughly 0.34 million tonnes per annum. Operations are scheduled to begin in mid-to-late 2027.

The project is being designed to include modular, land-based liquefaction equipment and an optimised storage solution. The project will deploy a floating storage unit (FSU) with an estimated capacity ranging from 50,000 to 140,000 cubic metres to be moored inside the newly expanded breakwater in the Port of Salina Cruz.

Salina Cruz LNG will use domestic Mexican gas supply from the Veracruz gulf region to access new high-value markets along the Pacific Coast.

“The infrastructure planned in Salina Cruz will not only provide LNG to growing markets seeking cleaner fuel but will also bring millions in direct community investment to the region,” said a GFI spokesperson.

Key target markets include LNG marine fuel deliveries at the Panama Canal’s Pacific entrance and Southern California ports, sales into Central America’s power markets and local distribution via truck in southwestern Mexico.

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