The agreement is the latest in a series of developments highlighting Mexico’s increasing prominence as a gateway for North American natural gas to global markets.
In a significant move poised to strengthen Mexico's position in the global liquefied natural gas (LNG) market, AMIGO LNG S.A. de C.V. has signed a 15-year Sale and Purchase Agreement (SPA) with Macquarie Group. The deal, announced on August 25, 2025, sees the financial and energy powerhouse committing to an offtake of 0.6 million tonnes per annum (MTPA), reinforcing the viability of Mexico’s emerging LNG export sector.
This landmark agreement marks a major milestone for AMIGO LNG, a joint venture between U.S.-based Epcilon LNG LLC and Singapore-based LNG Alliance. The project, located in Guaymas, Sonora, is strategically positioned to serve the surging energy demand in both the Asia-Pacific and Latin American markets. According to the terms of the SPA, LNG deliveries are scheduled to commence in the second half of 2028, aligning with the targeted start-up of AMIGO LNG's first liquefaction train. The long-term nature of the contract provides critical revenue certainty for the project’s developers.
The Guaymas location offers a distinct competitive advantage for the project. By leveraging its direct connectivity to the U.S. Permian Basin, one of the world's most prolific natural gas fields, the AMIGO LNG terminal can access a reliable and cost-effective gas supply. This logistical benefit, combined with the West Coast port's access to the Pacific Ocean, translates to shorter transit times and lower shipping costs for key buyers, particularly those in Asia, compared to traditional U.S. Gulf Coast export terminals. This strategic positioning underscores Mexico’s potential to become a pivotal transit hub for North American gas resources.
"It is a privilege to have Macquarie join our portfolio of LNG offtakers," said Dr. Muthu Chezhian, CEO of LNG Alliance. "Their reputation as a trusted and innovative global energy player reinforces the strong fundamentals of our project and highlights the long-term value AMIGO LNG will bring to global buyers." The sentiment was echoed by Michael Bennett, Managing Director in Macquarie's Commodities and Global Markets business, who highlighted the critical role of LNG in the global energy mix. "This agreement reflects our commitment to meeting the diverse energy needs of our clients worldwide and demonstrates the strength of our offering in this space," Bennett stated.
New liquefaction projects are crucial for meeting this demand, and AMIGO LNG is set to become a key player in providing that new supply. The project's commitment to deploying advanced U.S. liquefaction technology and modern marine infrastructure positions it as a state-of-the-art facility built to high standards of safety, sustainability, and operational performance.
