8 LNG export projects in Latin America and the Caribbean

Peru and Trinidad and Tobago are currently the only countries in Latin America and the Caribbean with the necessary infrastructure to liquify and export natural gas. 

However, increased supply of the fossil fuel – either through surging local production or, in the case of Mexico, cheap piped imports from the US – has seen demand flourish for new liquefaction projects. 

BNamericas currently has eight liquefaction projects in its database requiring a combined capital expenditure of more than US$32bn.

Mexico leads the way with four projects, including three on the Pacific coast, followed by Argentina with two, and Brazil and Suriname with one each. 

Three of the projects are already under construction, three are in the early design or feasibility stages and two others are awaiting a construction decision. 

Here is a breakdown of the eight projects:

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• Amigo LNG liquefaction terminal

Owner: Amigo LNG

Location: Sonora, Mexico

Capex: US$2bn

Stage: Awaiting construction decision

• Energía Costa Azul

Owner: Energía Costa Azul

Location: Baja California, Mexico

Capex: US$2bn

Stage: Under construction

• Saguaro Energía LNG

Owner: Mexico Pacific Limited

Location: Sonora, Mexico

Capex: US$14bn

Stage: Awaiting construction decision

• Nickerie LNG

Owner:  Firebird LNG 

Location: Nickerie Suriname

Capex: N/A

Stage: Early design and engineering

• Bahia Blanca Liquefaction Plant (I)

Owner: YPF

Location: Buenos Aires, Argentina

Capex: US$10bn

Stage: Early design and engineering

• Bahia Blanca Liquefaction Plant (II)

Owner: Consorcio Excelerate Energy / Transportadora de Gas del Sur

Location: Buenos Aires, Argentina

Capex: US$3.2bn

Stage: Feasibility

• Parnaíba Liquefaction Terminal

Owner: Eneva

Location: Maranhão, Brazil

Capex: US$189mn

Stage: Under construction

• Altamira Liquefaction Plant  (FLNG1)

Owner: New Fortress Energy

Location: Tamaulipas, Mexico

Capex: US$1.3bn

Stage: Under construction