A Pacific Coast energy complex that addresses a critical gap
in the Permian Basin infrastructure for oil & gas transportation
and Asia-Pacific’s growing energy demand.
In 2017 China, Japan, India and South Korea imported 211.8 MMTA of LNG and 331 KBPD of Crude Oil, an increase of 10% and 807% YOY respectively (source: GIIGNL and EIA).
EIA’s report suggests that U.S. crude oil production could exceed 10MMBPD this year, positioning it to become world’s largest oil producer.
Producers in the Permian are suffering as result of their land locked location and a saturated North American market.
Under ideal conditions the Panama Canal could handle 31.4 MMTA of Asia-bound USGC LNG Vs. 64 MMTA of LNG plants under construction plus another 54 MMTA of approved plants. (source: Federal Energy Regulatory Commission).
USGC-Qingdao ocean freight via Panama Canal is $1.59/MMBTU and via Cape of Good Hope is $1.89/MMBTU.
We have established EnBelt, an energy complex to supply crude/condensate and natural gas to the Asian market from the Permian basin, USA by pipeline through Mazatlan, West Coast Mexico.
Setién | EnBelt will enhance logistics and maximize economies of scale in the America-Asia energy trade, answering the challenges faced today by each region.
Saturated gas will be turned into methane, ethane, propane and butane. LPG export capacity of 300KBPD.
Two 48” x 1,100 KM pipelines from Pecos, TX to Mazatlan, MX, one for saturated gas and the other for crude oil & gas condensate.
Jetties, buoy systems and berths will enable dedicated operations for VLCC, VLGC and LNG Carriers.
12 MMBbls capacity for the storage of crude and petroleum products with export capacity of 2MMBPD.
5 liquefaction trains of 3 MMTA, for a total export capacity of 15 MMTA.
Distance from point of origin to nearest competing USGC port:
Via Panama Canal
Via Cape of Good Hope
Mazatlán - qingdao