New pipelines price out LNG shipments to Mexico

Wednesday, 04 January 2017

Manzanillo, a regasification plant at the Mexican Pacific Coast, has recently received a few cargoes from Sabine Pass. Cheniere, having exported it first cargo to Manzanillo in August for $4.23/mmBtu, has sent out another cargo in October and one more in November. Yet, such shipments will abate – they will be priced out by pipeline gas deliveries once the 12 new interconnectors are up and running.

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