Mexico looking for US replacement gas
report Mehr News Agency quoted by Elevil Praces. Mexico has increased from the US through pipelines, thanks to the new pipelines built between the two neighboring countries.
Gas is the main source of electricity generation in Mexico and contains 2 % of total electricity generation. According to the Mexican government data, more than 5 % of the gas consumed comes from the United States.
Fit Credit Institute in February announced that Mexico’s dependence on US gas imports will increase as pipeline connections will be expanded, but Mexico production declines. Before the US imposes customs tariffs in March to Mexico and Canada, the Credit Agency had announced that US gas imports would provide a reliable and affordable energy source for Mexico, but exposed the country to exchange rate fluctuations and supply disorders in the midst of increased commercial relations.
Managers informed the Times
Left Party Claudia Shinbaom President of Mexico has been opposed to the expansion of Fracting for many years, but US trade policy may lead the party to revise the development of shale gas
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Enrique Penia Nito of Mexico’s then President of Mexico in the late 1980s sought to open the shale basins, including the Borgus northeast of Mexico for private gas development and development. However, the lesson of Manuel Lopez , the successor of Penia Nito , canceled the contracts.
Now, Shinbaom , the current President of Mexico, in response to Donald Trump’s business policies, President American is seeking to strengthen Mexico’s energy independence and security.
US government data shows that Mexico has about 2 trillion cubic feet of shale gas resources, technically recyclable and the sixth largest reserves in the world.
