GFI LNG and Pilot LNG, both headquartered in Houston, are projecting to develop a new LNG terminal in Salina Cruz, Mexico. The project is scheduled to begin construction in early 2025 and is expected to be fully operational by mid-to-late 2027. The terminal will be designed to produce around 600,000 gallons of liquefied natural gas (LNG) per day. It will use a floating storage unit (FSU) with a capacity between 50,000 and 140,000 cubic meters for storing LNG. The gas will be sourced from the Veracruz region of Mexico. Strategically located, the terminal will cater to vessels navigating the Panama Canal, facilitating LNG refuelling at a crucial transit point. Additionally, it will supply LNG to key ports in Southern California, including Los Angeles and Long Beach, as well as meet demands in Central American power markets and provide fuel for trucks in south-western Mexico. GFI LNG brings over 20 years of experience in the Mexican energy sector, while Pilot LNG is recognized for its clean energy infrastructure projects. Together, they aim to enhance LNG availability and support regional energy needs with this new facility.