Mexico Pacific Limited LLC (MPL), a North American LNG export project based on 
the West Coast of Mexico, announced today that it has awarded a Front End 
Engineering Design (FEED) contract to Technip USA representing one of the final 
milestones to moving the project into construction and operation. 

Upon its completion, MPL will be the leading West Coast LNG export facility in 
North America, offering partners in Asia lower cost, geographic diversity and 
supply chain resiliency.  The combination of the shorter shipping distance to 
Asia from its west coast location and its access to low-cost US gas allows the 
project to deliver some of the lowest landed cost LNG into Asia.  

Douglas Shanda, President and Chief Executive Officer of MPL said, "With major 
permits in hand and the FEED award completed, MPL is on track to take FID and 
establish a world-class North American LNG export facility on the West Coast of 
Mexico. With this unique project, we will address global energy needs while 
providing substantial cost advantages for our partners. We look forward to 
continuing our momentum as we work toward taking FID in early 2021 and bringing 
the facility into service in 2024."

"We are excited to take this important step with our partners as MPL continues 
on its path to becoming the leading west-coast provider of US LNG," said Josh 
Loftus, Chief Development Officer of MPL. "We look forward to strengthening our 
relationships with all current and future global partners as we become a top 
supplier in the growing LNG market."

About Mexico Pacific Limited LLC

MPL is a North American LNG project located on the West Coast of Mexico with 
substantial cost and logistical advantages achieved by connecting the prolific 
Permian gas basin in the United States to Asian markets.  MPL's facility will 
be constructed by a world-class EPC contractor using proven equipment supplied 
by Baker Hughes.  MPL will build its 12 mtpa facility on a 1,100-acre site it 
owns in Puerto Libertad in Sonora, Mexico, roughly 125 miles south of the 
Arizona border.  MPL is controlled by AVAIO Capital.  More information can be 
found at www.mexicopacificlimited.com. 

About AVAIO Capital

AVAIO Capital is a build-to-core infrastructure investment firm led by 
professionals from investment, development, engineering, construction, and 
operating backgrounds.  In aggregate, the team has completed more than $4 
billion of equity transactions and over $50 billion of infrastructure 
development and construction projects across the water, transportation, digital 
and energy sectors. AVAIO's makes equity investments in the creation and 
redevelopment of infrastructure assets throughout North America and Europe.  
Entities affiliated with AVAIO Capital are the majority and controlling 
investors in MPL.  More information can be found at www.avaiocapital.com.

Media Contact
Sydney Isaacs
sri@abmac.com
713-999-5104 

SOURCE  Mexico Pacific Limited