Sahara Group, a leading global energy and infrastructure conglomerate, has signed a landmark 20-year Liquefied Natural Gas Sales and Purchase Agreement with Amigo LNG S.A. de C.V., the Mexican subsidiary of Singapore-based LNG Alliance.
Under the agreement, Sahara Group will offtake 0.6 million metric tonnes per annum of LNG from Amigo LNG’s export terminal located in Guaymas, Sonora, Mexico.
In a statement on Wednesday, Sahara Group Executive Director Wale Ajibade described the partnership with Amigo LNG as a transformative venture, expressing the company’s pride in the collaboration during a statement on Wednesday.
“This agreement aligns perfectly with our goal to increase access to reliable and affordable energy, particularly in underserved regions. LNG is a critical enabler of energy security and economic growth, and we look forward to supporting a cleaner energy future together,” Ajibade said.
Speaking at the execution ceremony, Sahara Group Director Kola Motajo stated that the company will pursue similar opportunities as part of its commitment to advancing the energy value chain.
“It is imperative that all stakeholders explore several collaborative avenues to enhance energy access.
“Sahara Group is unwavering in its dedication to promoting sustainable development through investments and partnerships that will help accelerate energy security across the globe,” Motajo said.
He emphasized that the long-term partnership signifies a crucial milestone in the global transition to cleaner energy.
The agreement is expected to secure a dependable LNG supply from Mexico’s West Coast, strategically located for efficient delivery to rapidly growing markets in the Asia-Pacific and Latin America.
LNG deliveries are scheduled to commence in the third quarter of 2028.
The Chief Executive Officer of LNG Alliance, Muthu Chezhian, stated “This agreement with Sahara Group reflects our shared commitment to accelerating the global shift toward cleaner and more sustainable energy.
“As one of the first large-scale LNG export projects on Mexico’s west coast, Amigo LNG will not only help meet rising energy demand in key global markets but also serve as a catalyst for economic development and regional energy integration.”
