AMIGO LNG signs 20-year LNG SPA with Gunvor

Under the agreement, Gunvor will purchase 0.85 million tpy of LNG for 20 years, with deliveries commencing upon the start of commercial operations of AMIGO LNG's first liquefaction train, scheduled for latter half of 2028.

This long-term commitment marks a major milestone for AMIGO LNG, reinforcing its position as Mexico's first large scale LNG export terminal on the west coast of the Americas. The Guaymas-based facility will leverage its strategic location and proximity to the prolific US Permian Basin to deliver competitive LNG supplies to customers in Asia and Latin America.

“Gunvor is committed to securing long-term LNG supplies to meet the evolving energy needs of our customers worldwide. Partnering with AMIGO LNG aligns with our strategy of diversifying supply sources and supporting the global transition toward cleaner energy,” said Kalpesh Patel, Co-Head of LNG Trading of Gunvor.

“We are delighted to welcome Gunvor as one of our key foundation offtakers. This agreement underscores the confidence global energy players place in AMIGO LNG's ability to deliver reliable, flexible, and competitive LNG to international markets,” added Dr. Muthu Chezhian, CEO of LNG Alliance.

In addition to strengthening global LNG supply chains, the AMIGO LNG project serves as a bridge for US-Mexico energy trade by monetising US natural gas exports through Mexico's west coast. This enhances cross-border energy integration, creates bilateral economic value, and reinforces the role of US and Mexico as strategic partners in delivering secure and affordable energy to the world.

Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/21082025/amigo-lng-signs-20-year-lng-spa-with-gunvor/