Intermodal: LNG market outlook and Mexico’s Pacific export corridor
According to Intermodal’s latest market report, amid broader uncertainty in the LNG market, the outlook is being shaped by disruptions to Middle Eastern flows, an uncertain Qatari recovery, and Europe’s historically low gas inventories, which are together redefining the market’s approach to flexible supply this year.
As Europe and Asian importers compete for the same pool of US LNG exports, routes offering reliable feedgas and shorter, more flexible delivery options are becoming increasingly valuable. Against this backdrop, a modest single-train terminal in West Mexico, outside Ensenada, is worth paying attention to. Energía Costa Azul (ECA) LNG, Mexico’s first LNG liquefaction
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