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Liquefied natural gas for Europe: Mexico plans an LNG hub

Mexico plans to build a hub to export liquefied natural gas (LNG) in the Gulf of Mexico, worth between US$4 and US$5 billion.

According to President Andres Manuel Lopez Obrador, this is intended to meet European demand.

The planned LNG plant at the port of Coatzacoalcos in the eastern state of Veracruz would transport gas to Europe by ship.

"Now that there is a gas shortage in Europe, we have this opportunity," the . . .

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