Mexican wants to build new gas liquefaction facilities to export excess gas and will put the plants out to tender if he does not get commitments for their construction within a month, President Andres Manuel Lopez Obrador said on April 1.
Lopez Obrador urged U.S. firm Sempra, which has an LNG facility by the northwestern port of Ensenada, and other companies to sign up the plan to build the facilities in the Pacific ports of Topolobampo and Salina Cruz, as well as another in Coatzacoalcos in the Gulf state of Veracruz.
Sempra had already said in November it was developing an LNG export plant in Topolobampo in the northwestern state of Sinaloa, but Lopez Obrador on April 1 said it was urgent to get moving with the plants worth $3 billion to $4 billion each.
“If Sempra and other companies don’t respond in a month, we’re going to put them out for bid, because there are going to be interested companies,” he told a regular news conference.
The president said it was vital that Mexico become more self-sufficient on energy, and pointed to the importance of being able to export more gas to Asia, the Americas and Europe, amid supply disruptions caused by the war in Ukraine.
Interested companies would have a month to reach agreements on plans for the facilities with the Comision Federal de Electricidad (CFE), Mexico’s state-owned power utility, he said.
The president said he spoke about the LNG export plan on March 31 with U.S. officials, including climate envoy John Kerry, when discussing U.S. concerns over Mexico's proposals to give more market power to its state-run energy companies.
In a document detailing points that Mexico said it shared with U.S. officials, the government also proposed joint accords to modernize wind turbines, dams and the installation of floating solar panels in the reservoirs of the dams.
Recommended Reading
US Oil, Gas Rig Count Unchanged this Week
2024-11-01 - The oil and gas rig count held at 585 to Nov. 1. Baker Hughes said that puts the total rig count down 33 rigs, or 5% below this time last year.
Comstock: Monster Western Haynesville Wildcats Cost $30MM-plus
2024-10-31 - Comstock Resources is flowing back a 13th well currently in the play where the oldest has made 2.2 Bcf per 1,000 lateral feet to date in its first 29 months online.
Brazil’s Mero-3 Offshore Development Reaches First Oil
2024-10-30 - With the start-up of Mero-3, the production capacity of the Mero field has reached 590,000 bbl/d.
Matador’s U-lateral Delaware Tests Outproduce 2-mile Straight Holes
2024-10-30 - Matador Resources' results from eight Loving County, Texas, tests include two 2-mile U-turn laterals, five 2-mile straight laterals and one 1-mile straight lateral, according to state data.
Oceaneering Acquires Global Design Innovation
2024-10-30 - Oceaneering purchased Global Design Innovation, the only provider certified by the United Kingdom Accreditation Service (UKAS) to perform remote visual inspection using point cloud data and photographic images.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.