Progreso LNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Progreso LNG Terminal, also known as Terminal de GNL de Progreso, is a cancelled (inferred 4 y) LNG import terminal in Mexico.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Progreso LNG Terminal | Progreso, Yucatán, Mexico[1][2] | 21.28, -89.67 (approximate) |
The map below shows the approximate location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Progreso LNG Terminal | import[2] | cancelled (inferred 4 y)[3] | – | – | False | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Progreso LNG Terminal | import[2] | – | – |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Progreso LNG Terminal | import[2] | cancelled (inferred 4 y)[3] | – | – | – | – | –[3] |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Progreso LNG Terminal | import[2] | cancelled (inferred 4 y)[3] | Korea Gas Corp [100%][1][2] | Korea Gas Corp [100.0%] | – |
Background
Progreso LNG Terminal is a proposed LNG import terminal in Yucatán, Mexico. In 2016, the South Korean company Kogas signed a memorandum of understanding with the Yucatán state government to construct an LNG terminal at the port of Progreso. The project was expected to cost between $1 billion and $1.5 billion. Kogas stated that the imported gas would be used to supply southern Mexico.[4]
The memorandum of understanding included gas pipelines that would connect the Progreso LNG Terminal to other cities on the Yucatán Peninsula, including Cancún.[5] The next step in the process was for Kogas to conduct a feasibility study for the project before proceeding. Due to Mexico's growing demand for natural gas, Kogas expected the terminal project to be profitable and anticipated that it would be another key element of the company's expanding business infrastructure in the region.[6]
However, there have been no development updates since 2016, and the Port of Progreso reported in January 2020 that it has insufficient space to accommodate an LNG terminal that would meet international standards[7], so the project is presumed to be cancelled.
Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 https://www.offshore-technology.com/news/newskorea-gas-to-build-lng-import-terminal-and-gas-pipelines-in-mexico-4978523/?cf-view.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 2.4 2.5 https://web.archive.org/web/20160813134016/http://www.lngworldnews.com/kogas-plans-mexico-lng-import-terminal/.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 3.2 3.3 https://www.milenio.com/opinion/jesus-rangel/estira-afloja/en-progreso-no-cabe-terminal-gasera.
{{cite web}}: Missing or empty|title=(help) - ↑ Kogas Plans Mexico LNG import Terminal, LNG World News, August 12, 2016
- ↑ Korea Gas to Build LNG Import terminal and Gas Pipelines in Mexico, Hydrocarbons Technology, August 14, 2016
- ↑ "Kogas plans Mexico LNG import terminal". Offshore Energy. August 12, 2016.
{{cite web}}: CS1 maint: url-status (link) - ↑ "En Progreso no cabe terminal gasera". Milenio. January 8, 2020.
{{cite web}}: CS1 maint: url-status (link)
