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First LNG Cargo Ships from TotalEnergies' Mexican Plant Energia Costa Azul

First LNG Cargo Ships from TotalEnergies' Mexican Plant Energia Costa Azul

World Maritime
First LNG Cargo Ships from TotalEnergies' Mexican Plant Energia Costa Azul

By America Hernandez

Reuters

PARIS, July 9 – French oil major TotalEnergies TTEF.PA has shipped the first liquefied natural gas cargo from the Energia Costa Azul plant in Mexico destined for Asia, it said on Thursday, though full commercial operation has not yet been reached.

The 3.25 million tons per annum (mtpa) export facility is operated by Sempra SRE.N, though Total holds a 16.5% stake and will offtake 1.7 mtpa of LNG for 20 years once commercial operations begin in the fall. During the initial ramp-up phase, Total will be the sole offtaker of cargoes.

Global energy markets have been

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