By Natalia Siniawski
Mexico City (Reuters) -Russia is ready to deliver liquid natural gas (LNG) to Mexico and to share the technologies of the energy sector, said the Russian embassy in Mexico Saturday on X.
“We are already working with Mexico. We have excellent LNG technologies and we are ready to share these technologies and also deliver LNG,” said the Russian Energie Sergei Tsivilev Minister.
Russia is willing to offer oil extraction technologies that are suitable for challenging geological conditions, as well as solutions aimed at improving the efficiency of oil processing, the embassy added.
The state oil company of Mexico said in May that it worked to reopen closed wells to stimulate production, because it has difficulty reaching the government's output goal of 1.8 million barrels per day.
Pemex has more than 30,000 wells throughout the country, of which about a third is closed. Internal documents that are assessed by Reuters show that the company gives priority to wells with the potential to increase rough, gas or condensate production, although progress has been slow due to limited financing and aging infrastructure.
Mexico satisfies 72% of its total natural gas demand by import, almost entirely from the United States. The fuel is mainly used to generate electricity and for industrial activities, whereby the vast majority of gas import is supported by the pipeline.
In January, sources said that Reuters Mexico accelerated plans to double his strategic gas storage in the midst of concern that US President Donald Trump could use the dependence on the country of American gas as lever.
The severe dependence on American imports, emphasized by disturbances such as Texas's winter storm from 2021 that caused widespread disruptions and losses, has forced Mexico to increase storage capacity by 2025-2026 to improve energy breach and to monitor against supply shocks or geopolitics.
Pemex and the Mexican presidency did not immediately respond to a request for comment.
(Reporting by Natalia Siniawski and Deisy Buitargo in Caracas; Edit by Diane Craft and Marguerita Choy)
