#Mexico #LNG Supply #Amigo LNG #Guaymas #Gunvor

AMIGO LNG Signs 20-Year LNG Supply Agreement with Gunvor

AMIGO LNG S.A. de C.V., a collaborative venture between Texas-based Epcilon LNG LLC and Singapore's LNG Alliance, has made headlines with the signing of a significant 20-year Long-Term Sale and Purchase Agreement (SPA) with one of the world's foremost independent commodity trading companies, Gunvor Singapore Pte Ltd. This agreement is set to see Gunvor acquire an impressive 0.85 million tonnes per annum (MTPA) of liquefied natural gas (LNG), with supplies scheduled to commence once AMIGO LNG's initial liquefaction train is fully operational, anticipated for the latter half of 2028.

This strategic partnership is a pivotal step for AMIGO LNG, consolidating its status as the first large-scale LNG export terminal situated on the west coast of the Americas. The facility, located in Guaymas, is strategically positioned near the prolific U.S. Permian Basin, allowing for competitive pricing in LNG supplies tailored for customers across Asia and Latin America.

Kalpesh Patel, Co-Head of LNG Trading at Gunvor, shared insights on this collaboration, stating that it aligns with their commitment to securing long-term LNG supplies that can respond to the evolving energy demands of global clients. He emphasized that this partnership not only diversifies their sourcing options but also supports the worldwide shift toward more sustainable energy solutions.

Dr. Muthu Chezhian, CEO of LNG Alliance, expressed enthusiasm about welcoming Gunvor as a foundational partner. He noted that this agreement exemplifies the confidence that leading global energy players have in AMIGO LNG's capability to deliver reliable and competitively priced LNG to the international market.

This collaboration does more than just strengthen the global LNG supply network; it also acts as a conduit for energy trade between the U.S. and Mexico. By monetizing U.S. natural gas exports via Mexico's western coastline, the project enhances bilateral energy integration, fosters economic benefits on both sides, and fortifies the partnership between the United States and Mexico in delivering secure, affordable energy products globally.

About LNG Alliance

Founded in 2013, LNG Alliance operates under the umbrella of Texas-based Epcilon LNG LLC and is dedicated to creating cutting-edge gas and LNG terminal infrastructures across the USA, Mexico, Southeast Asia, and Europe. With strategic alliances among key energy and technology leaders from the USA, Middle East, and Europe, LNG Alliance is at the forefront of providing reliable, sustainable energy solutions.

About Gunvor Group

Gunvor Group stands as a major independent commodities trading firm, renowned for its presence in trading, shipping, refining, and investment within energy transition projects. The company has established itself as a crucial player in the global LNG sector, boasting a diverse portfolio that includes long-term offtake agreements, supply contracts, and shipping operations.

This landmark agreement paves the way for AMIGO LNG to enhance its capabilities and continues to underscore the global shift toward cleaner and more accessible energy supplies as it embarks on this long-term journey with Gunvor, one of the industry's most strategic players.