Duo Eyes $8 Billion Mexico Bet After LNG Terminal Acquisition
A US and Canadian duo plans to invest $8 billion in Mexico after acquiring a liquefied natural gas (LNG) terminal. The duo, who wish to remain anonymous, is reportedly excited about the potential of Mexico's energy sector.
The investment comes after the acquisition of an LNG terminal in the Gulf of Mexico for an undisclosed price. According to sources, the duo believes that Mexico's increasing demand for natural gas and its growing economy make it an attractive market for investment.