North America
5 March 2026
FID expected soon on blue methanol project
Written by Richard Hands
Transition Industries has signed a long-term firm natural gas supply contract for the Pacifico Mexinol project in Topolobampo, Sinaloa state with CFEnergía. CFEnergia has agreed to supply about 1.6 bcm/year of natural gas for the project, which it aims to buy in the US and supply it at market competitive prices by optimising the use of existing infrastructure.
Financing is coming from the World Bank’s International Finance Corporation, and Australian investment bank Macquarie, as well as support from the government of Sinaloa state.
