Page 13 - LatAmOil Week 49

LatAmOil MEXICO LatAmOil

Nearly half of Mexico’s prospective unconventional reserves are in the Tampico-Misantla basin (Image: CNH)
One of those members, Sergio Pimentel, operations and to make the country self-suffi-
expressed strong interest in the NOC’s plan, cient in the production of refined fuels.
saying: “It is desirable that Pemex explores Unconventional fields may hold more than
those areas with huge potential, as the country 60% of Mexico’s prospective hydrocarbons
needs those resources.” Pimentel has repeatedly reserves, which data from Mexico’s Energy
urged the company to expand its exploration Secretariat (SENER) put at 113bn barrels of
programmes, arguing that the company needs oil equivalent (boe). Nearly half of all prospec-
to work alone or with privately owned partners tive unconventional reserves, or 32mn boe, lie
to find the oil and gas it needs to support future within the Tampico-Misantla Basin. The area is
operations. home to a number of mature onshore fields that
His stance is not fully in line with that of contain large volumes of unconventional oil and
President Andres Manuel Lopez Obrador, gas in layers that have remained undeveloped
who has pushed Pemex to step up downstream thus far. ™

TRINIDAD AND TOBAGO
Khan: Shareholders in Atlantic LNG’s

Train 1 seeking new gas suppliers

SHAREHOLDERS in the first production train legislators that Train 1 was slated to begin a turn-
of the Atlantic LNG complex in Trinidad and around programme in January so that repair
Tobago are still looking for new sources of feed- and maintenance work could be carried out
stock ahead of a turnaround programme that is while the unit was operating below full capacity.
slated to begin next month. “The shareholders have approved the turn-
Franklin Khan, the island state’s energy around scheduled in January for the train,” he
minister, said in response to questions from a stated. He also said Train 1, which can turn out
member of parliament that the shareholders in 3mn tonnes per year (tpy) of LNG, would keep
Train 1 were “in some sensitive negotiations” some capacity online during the turnaround.
with upstream natural gas producers. He did These measures will ensure that Train 1
not name any potential suppliers or say when remains “in an operations-ready mode for all of
the talks were likely to be finished, but he did tell 2021 into 2022,” he said.

Week 49 10•December•2020 www. NEWSBASE .com P13