US energy infrastructure company New Fortress Energy has agreed to a long-term partnership with Mexico’s Pemex in a move that should lead to joint development of the long-delayed deep-water Lakach natural gas field in the Gulf of Mexico.

Under the agreement, New Fortress is eyeing deployment of a floating liquefied natural gas vessel with capacity of up to 1.4 million tonnes per annum to export “the majority” of the produced natural gas from the field.

An unspecified portion of the production will go to domestic markets in Mexico, where lacklustre levels of investment in regions such as the Burgos basin have turned the gas-rich nation into a big net importer.