February 13, 2025 13:09 GMT
NATGAS: Mexico’s Gov Calls for 50% Increase in Natgas Output by 2030
NATGAS
Mexico’s President Claudi Sheinbaum announced Feb. 10 a plan to boost natural gas production from Pemex to 5 bcm/y by the end of her 6-year term in 2030, NGI reported.
- Mexico’s energy minister Elena Luis Gonzalez and Pemex’s CEO Victor Rodriguez joint the president at the conference to discuss how to boost output from current levels of about 3.3 bcf/d.
- “Our geology is old,” Rodríguez said, noting that Pemex’s goal was on “focused drilling.”
- Pemex plans to drill 269 exploratory wells in six strategic areas onshore and in the Gulf of Mexico, NGI said.
- Mexico has become reliant on natgas imports from the US, which currently stand at around 6.5 bcf/d.
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