Amigo LNG, a subsidiary of Singapore-based LNG Alliance, has reached a binding agreement with OQ Trading (OQT), the trading arm of Oman’s OQ Group, for the supply of liquefied natural gas (LNG) from its liquefaction facility in Guaymas, Sonora, Mexico.
The agreement is a major development for Amigo LNG, which aims to use its strategic location on Mexico’s west coast to meet the increasing demand for LNG in Asia.
The Guaymas facility, with a planned capacity of 7.8 million tonnes per annum (MTPA), is expected to play a crucial role in the company’s efforts to become a key LNG supplier to the region.
Muthu Chezhian, CEO of LNG Alliance, highlighted the importance of the partnership in a press statement, saying, “Securing the offtake agreement with a leading national oil company partner like OQ Trading strengthens our position as a reliable and responsible global energy provider.
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