Strategic location to access U.S. natural gas

- MPL's site is strategically located to access abundant U.S. produced natural gas in the nearby Permian and surrounding basins
- MPL's site is located a similar distance to Waha as U.S. Brownsville projects, and closer than Louisiana projects
- MPL’s pricing advantage is driven through producing LNG significantly closer to Asian end markets
- The Permian Basin has over 600 tcf of reserves at breakeven prices below $0/mmbtu with production forecasted to double by ~2025
- Production in the Permian Basin is driven by liquids economics with gas as an associated byproduct
- Transport costs to reach Eastern U.S. natural gas markets and flaring restrictions result in Waha, the key hub in the Permian, priced at a material discount to Henry Hub
- The Waha discount to Henry Hub is forecasted to continue through 2040 and beyond
Multiple Transportation Routes Provide Ample Access to Permian Basin Gas
MPL Gas Bulletin Board
|