LNG

Mexico, a future LNG exporter to Asia with three plants being developed on the Pacific Coast, has revealed plans that are a hidden part of the future energy policies of many resource-rich nations that it will stop exporting oil in 2023 and keep the oil for itself to guarantee fuel supplies.

The US Department of Energy said the Epcilon LNG export project in the Mexican state of Sonora has been authorized to import pipeline natural gas to Mexico and re-export it as LNG to nations without a Free Trade Agreement with the US.