Latin America's top 6 gas liquefaction projects

Energy developers in Latin America and the Caribbean are moving forward with natural gas liquefaction projects totaling more than US$47bn, according to BNamericas data. 

Some eight projects worth US$31.6bn are in the early works stage while two others with a combined cost of US$16.3bn are under construction. 

Another six facilities are already in operation following estimated investments of US$6.3bn. 

Mexico, which has access to abundant piped gas from the United States, has the largest number of liquefaction projects with eight, followed by Argentina with three and Brazil with two.

Here is a snapshot of the six largest developments, by capital expenditure, in the BNamericas database:

1. Guyana gas processing facilities

Location: Guyana

Capex: US$15bn

Owner: Natural resources ministry

Main contractors: Fulcrum LNG, Baker Hughes, McDermott

Stage: Early design and engineering

2. Saguaro Energía LNG

Location: Sonora, Mexico

Capex: US$14bn

Owner: Mexico Pacific Limited

Main works constructor: Techint

Stage: Pre-construction

3. Argentina LNG plant

Location: Rio Negro, Argentina

Capex: US$10bn

Owner: YPF

Stage: Early design and engineering

4. Amigo LNG liquefaction terminal 

Location: Sonora, Mexico

Capex: US$3.4bn

Owner: Amigo LNG

Stage: Engineering (FEED)

5. Excelerate-TGS Bahia Blanca project

Location: Buenos Aires, Argentina

Capex: US$3.2bn

Owner: Consorcio Excelerate-TGS

Stage: Feasibility studies

6. Energía Costa Azul

Location: Baja California, Mexico

Capex: US$2.3bn

Owner: Energía Costa Azul

Main contractor: Technip de Mexico

Stage: Under construction