Page 13 - GLNG Week 38 2022
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GLNG EUROPE GLNG
German president
says AMLO has offered
assistance with LNG
IMPORT FRANK-WALTER Steinmeier, President of reasons, though, these facilities are likely to sell
Germany, said on September 20 that his Mexi- much of their output to buyers in Asia rather
can counterpart Andres Manuel Lopez Obrador than Europe.
had offered to provide assistance in the realm of Mexico’s national oil company (NOC) Pemex
LNG supplies. has talked about using gas from Lakach, a field in
“The Mexican president offered to step up the southern Gulf of Mexico, to produce LNG,
co-operation on liquid gas,” he told reporters in and this might be an easier location to originate
Mexico City after a meeting with Lopez Obra- exports to Europe. However, it remains to be
dor. He was speaking during a state visit to the seen whether Pemex can realise its ambition of
Mexican capital. fast-tracking the development of this large site.
Steinmeier did not elaborate as to the nature Germany, meanwhile, is keen to find new
of the assistance the Mexican leader had offered. suppliers of LNG. Deliveries from Russia, its tra-
Mexico is not currently a producer of natural ditional main source of gas, have dwindled con-
gas; indeed, it is a net gas importer and depends siderably in recent weeks due to the shutdown of
on supplies from third parties, especially the the Nord Stream I pipeline system, even as the
US. Much of the gas the country consumes volume of Russian gas pumped through other
is extracted from fields in the Permian basin pipelines has also fallen. The German govern-
and then delivered to Mexico via cross-border ment has introduced conservation measures, but
pipelines. fears of shortages during the coming winter are
Several companies, including US-based Sem- mounting and domestic electricity prices have
pra, are hoping to use those pipelines as a source risen sharply – not just in Germany but across
of feedstock for LNG plants slated for construc- Europe.
tion on Mexico’s Pacific coast. For geographical
Week 38 23•September•2022 www. NEWSBASE .com P13
