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Gulf Gas Project to Boost Mexican Supply

NATURAL GAS

Pemex announced in a statement this week that the deepwater Lakach field will pump 300 million cubic feet (MMCF) of gas per day over a 10-year period, after signing a service contract with U.S. liquefied natural gas company New Fortress Energy.

  • Gas production at Lakach is expected to begin in the first quarter of 2024.
  • Pemex will sell 190 MMCF daily to New Fortress with the remaining 110 MMCF per day reserved for domestic consumption.

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