Russia is ready to provide LNG to Mexico

The Russian Embassy in Mexico announced on Saturday that it was ready to share its energy technologies and supply Mexico with liquefied gas.

"We already work with Mexico." "We have excellent LNG technology, and we're ready to share this technology and supply LNG too," Russian Energy minister Sergei Tsivilev stated.

The embassy said that Russia was ready to provide oil extraction technologies suitable for difficult geological conditions as well as solutions designed to improve the efficiency of oil treatment.

Mexico's state-owned oil company Pemex has said

In May,

It was working to reopen wells that were closed to boost production as it struggles to reach the government's target of 1.8 millions barrels per day.

Pemex operates more than 30,000 oil and gas wells in the United States, of which about one-third are closed. The company prioritizes wells that have the potential to increase crude, condensate, or gas output.

Mexico achieves 72% of its

total demand

Imports of natural gas are almost exclusively from the United States. Fuel is primarily used to generate electricity, and industrial activities. The vast majority of imports are carried via pipeline.

(source: Reuters)