By Natalia Siniawski
Mexico City (Reuters) -Russia is Ready to Supply Liquefied Natural Gas (LNG) to Mexico and Share Energy Sector Technologies, The Russian Embassy In Mexico Said on Saturday on X.
“We Are Already Working with Mexico. We have Excellent LNG Technologies, and We Are Ready to Share These Technologies and Supply LNG As Well,” Russian Energy Minister Sergei Tsivilev Said.
Russia is prepared to Offer Oil Extraction Technologies Suited for Challenging Geological Conditions, as wells as solutions Aimed at Improving the Efficiency of Oil Processing, The Embassy Aded.
Mexico’s State Oil Company Pemex Said in May it was works Working to Reopen Closed Wells to Boost Production, the It Struggles to Meet The Government’s Output Target of 1.8 Million Barrels Per Day.
Pemex has more than 30,000 wells across the country, About a Third of Which are shut. INTERNAL DOCUMENTS REVIEWED BY REUTERS SHOW THE COMPANY IS PRIORITIZING WELLS WITH THE POTENTIAL TO RAMP UP CRUDE, GAS OR CONDENATE OUTPUT, THOUGH PROGRESS HAS SLOW DUE TO LIMITED FUNDING AND AGING INFRASTRUTURE.
Mexico Meets 72% of ITS Total Demand for Natural Gas Through Imports, Almost Entirely from the United States. The fuel is Used mainly to Generato Electricity and for Industrial Activities, with the vast majority of natural gas imports by pipeline.
(Reporting by Natalia Siniawski and Deisy Buitargo in Caracas; Editing by Diane Craft)
