HOUSTON (PRWEB) November 07, 2019
Mexico Pacific Limited (MPL), a Pacific Coast LNG project based in Mexico, today announced the appointment of Page Maxson as Chairman of the Board.
Mr. Maxson brings a wealth of experience to MPL including over 25 years with ConocoPhillips leading key oil and gas assets in the United States, the Middle East, Indonesia, and Australia. From 2010 to 2017, Page served as CEO of the $24.5 billion Australia Pacific LNG project (APLNG) where he was responsible for everything from initial concept through operations including permitting, engineering design, marketing, project financing, construction, commissioning and operations. APLNG was delivered on schedule and on budget at a time when other large capital projects in Australia struggled with costs and schedules.
“We are excited to welcome Page to MPL’s board,” said Josh Loftus, President of MPL. “The insights and experience gained from his experience in the energy industry, and in particular in the development, construction, commercialization and operation of LNG projects, will be invaluable as MPL moves to FID in the coming months.”
“MPL is truly differentiated as one of only two LNG projects on the west coast of North America that is fully permitted and ready to construct. I look forward to applying my experience and skills to help MPL capitalize on its competitive advantages in serving Asian markets as it moves into construction and operations,” said Mr. Maxson.
About Mexico Pacific Limited LLC
MPL is a North American Pacific Coast provider of LNG that has substantial cost and logistical advantages in connecting the prolific Permian and San Juan basins in the United States to Asian markets. MPL’s facilities will employ proven equipment supplied by Baker Hughes, a GE Company, and be built by a world-leader in the engineering and construction of LNG facilities. MPL will build its 12 MTPA facility on a 1,100-acre site it owns in Puerto Libertad in Sonora, Mexico, roughly 125 miles south of the Arizona border. MPL is backed by AVAIO Capital. More information can be found at https://www.mexicopacificlimited.com.
About AVAIO Capital
AVAIO Capital is a build-to-core infrastructure investment firm led by professionals from investment, development, engineering, construction, and operating backgrounds. In aggregate, the team has completed more than $4 billion of equity transactions and over $50 billion of infrastructure development and construction projects across the water, transportation, digital and energy sectors. AVAIO’s makes equity investments in the creation and redevelopment of infrastructure assets throughout North America and Europe. More information can be found at https://www.avaiocapital.com.