Lakach Gas Pipeline

From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
Sub-articles:

Lakach Gas Pipeline is a proposed natural gas pipeline in Mexico.[1] The project was halted prior to 2013, but was again being explored in 2019.[2] As of 2023, the project appeared to be cancelled.

Location

The pipeline would run in a loop from the offshore Lakach gas field in the Gulf of Mexico to an onshore collection station near Lerdo de Tejada, Veracruz.[3] The Lakach field lies 131 km northwest of Coatzacoalos, Veracruz, and 55 km from the nearest point on the Veracruz coastline.[4]

Loading map...

Project Details

Background

The pipeline would be owned and operated by Pemex[1] and would be their first deepwater development project. Pemex is the sole operator of the Lakach gas field, which was first discovered in 2007. The pipeline project was approved in November 2007 as a part of a larger project to develop the newly discovered Lakach gas field. First production from the field was expected in the second half of 2015, with peak production in 2016.[6] However, development of the Lakach gas field, including the pipeline project, was halted for budgetary reasons ahead of the 2013-2014 energy reform.[2]

In July 2019, it was announced that development of the Lakach gas field was again being explored.[3] Presumably this would include the construction of a pipeline.[2] As of March 2020, Mexico's Opus Energy Group was reportedly proposing an investment of US$2 billion in developing the Lakach gas field[7], but as of July 2020, there had been no final decisions announced regarding the project.

In July 2022, New Fortress Energy (NFE) announced that it had signed a long-term partnership with Mexico's Pemex to jointly develop the Lakach gas field. Under terms of the agreement, Pemex would deliver gas to domestic markets in Mexico, and New Fortress would develop a floating LNG (FLNG) terminal from which it would export LNG to global markets.[8][9][10] The impact of the NFE-Pemex agreement on the proposed Lakach Gas Pipeline was not immediately clear. However, as of July 2023 there had been no significant news of the pipeline project in more than four years, and given the ongoing development of the Lakach Field FLNG Terminal and the absence of specific mentions of the pipeline project in Pemex's July 2022 press release, it appeared likely that the pipeline had been cancelled.[5]

Articles and resources

References

  1. 1.0 1.1 FPSO's at forefront, Offshore Engineer, Mar. 1, 2016
  2. 2.0 2.1 2.2 Christopher Lenton, Mexico’s Natural Gas Plans Include Unconventional, Deepwater Projects, Natural Gas Intel, July 18, 2019
  3. 3.0 3.1 3.2 3.3 3.4 "Pemex replantea Proyecto Lakach, en aguas profundas". Energía y Debate. July 25, 2019.{{cite web}}: CS1 maint: url-status (link)
  4. 4.0 4.1 4.2 4.3 4.4 4.5 Pemex to develop deep offshore Lakach from shore in Gulf of Mexico, 2b1st Consulting, Jun. 26, 2014
  5. 5.0 5.1 "PEMEX refrenda compromiso para consolidar la soberanía energética con firma de acuerdos para construir dos coquizadoras y reanudar trabajos en yacimiento Lakach". Pemex. July 1, 2022.{{cite web}}: CS1 maint: url-status (link)
  6. Lakach Deepwater Project, Offshore Technology, accessed October 2019
  7. "Listos, los proyectos energéticos a anunciar". El Financiero. March 9, 2020.
  8. Cervantes, Patricia Tapia (2022-07-01). "Pemex anuncia reactivación de Lakach en aguas profundas con 1,500 mdd". Forbes México.{{cite web}}: CS1 maint: url-status (link)
  9. Staff, LNG Prime (2022-07-05). "NFE inks deals to install floating LNG producers off Mexico". LNG Prime. Retrieved 2022-07-07.
  10. "Acuerdo de Pemex y New Fortress Energy: Así será la reactivación del proyecto Lakach". Petroquimex. July 6, 2022.{{cite web}}: CS1 maint: url-status (link)

Related GEM.wiki articles

External resources

External articles