Mexico considers increasing shale gas production to support petrochemical industry

Mexico considers increasing shale gas production to support petrochemical industry

According to the Norwegian "Upstream Online" Mexico City report on April 26, Mexican Energy Minister J.A. Meade told the media here today that Mexico is now considering increasing shale gas production to support the petrochemical industry that used to use crude oil as raw material. industry.

As the oil industry controlled by the Mexican government pays more attention to the production of crude oil, the abundant shale gas reserves in northern Mexico have hardly been developed.

Megard told reporters: "The issue of shale gas development has now been mentioned on the government's agenda."

In March, Mexico’s national oil company completed the first shale gas well in the state of Coahuila near the Texas border.

Due to the low rate of return compared with oil drilling, Mexican National Oil Company has been unable to enter the natural gas business, which forced Mexico to import natural gas and liquefied natural gas from the United States.

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