Energia Costa Azul, Mexico's second LNG terminal, shipped first cargo

The trace

How it reaches your house.

Starting from Cheniere Energy Inc., we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.

1. First impact

   Freeport LNG Development LP →Prices rise

   Natural Gas (Roasting Fuel)

   ECA LNG Phase 1 adds 0.4 Bcf/d of export capacity and exports LNG made from U.S.-sourced gas, which can lift regional feedgas demand and Freeport's natural-gas input costs.

   59% confidence

   LNG peak-shaving and import facilities →Stands to benefit

   Chart Industries, Inc.GTLS

   Mexico's new LNG export capacity should incrementally support LNG infrastructure demand, and Chart is the dominant supplier on this edge with a 60% share and long replacement lead time.

   56% confidence

   LNG peak-shaving and import facilities →Stands to benefit

   Air Products and Chemicals, Inc.

2. Hop 2

   Natural Gas (Roasting Fuel) →supply up

   Coffee

   Coffee’s roasting process depends on natural gas, so added LNG supply should modestly ease that input constraint and improve coffee availability.

   79% confidence

   Air Products and Chemicals, Inc. →Stands to benefit

   LNG peak-shaving and import facilitiesAPD

   New LNG export and shipping capacity from Mexico can support broader LNG infrastructure activity, which should benefit Air Products' LNG peak-shaving and import facilities business where it has a disclosed 15% share.

   37% confidence