Gato Negro LNG

Manzanillo

Mexico

Gato Negro Manzanillo LNG

Gas Supply

Permian Basin gas in the Waha index pricing area

Gas Transportation

Pipelines (existing pipeline connectivity and capacity)

Volumes

Phase 1: 3 MTPA (approximate gas 0.5 BCF/day)

Phase 2: an additional 5 MTPA, totaling 8 MTPA (approximate gas 1.3 BCF/day)

Outbound

Vessel and Truck (potentially rail)

Logical Markets

Asia, Pacific Americas, Domestic Mexico

Comparative Advantages

Waha gas pricing, existing pipelines, modular liquefaction design, advantaged marine transportation costs to Asia, industrial port with ready access to craft labor, avoidance of sensitive marine ecosystems, moderate size, synergies with Manzanillo Port expansion, ready access to power