US EditionMexico to turn to fracking to reduce reliance on U.S. energy
9 Articles
9 Articles
Fracking in Mexico generates rejection for its environmental impact and doubts about its viability, following Claudia Sheinbaum’s government’s turn towards exploring new technologies for the extraction of non-conventional gas. More than 80 environmental organizations have warned that there is no scientific evidence to support a “sustainable” fracking, recalling that more than 2,300 international studies have documented its negative effects on wa…
The president of the Senate, the brunette Laura Itzel Castillo, welcomed the willingness of President Claudia Sheinbaum to explore the possibility of Mexico exploiting natural gas through the "fracking" technique. In the parliamentary opinion, the need for Mexico to be self-sufficient in energy matters forces us to look for other alternatives in terms of energy generation. "We have to take into account that it is necessary to extract the gas and…
The Mexican government’s commitment, in a complete change of energy paradigm, has decided to bet on fracking to increase natural gas production in the face of an incipient national production. Our country barely reaches 2.3 billion cubic feet of natural gas per day, but the goal is to raise it to 5.871 million cubic feet by 2030, representing an increase of 155% in just four years.
Last week two decisions pointed out that finally, after more than a year of strong dependence and submission to the policies of her predecessor, President Claudia Sheinbaum began sending signs of autonomy and reversing some of the inheritances and definitions imposed on her by Andrés Manuel López Obrador.
The commitment to fracking does not look as easy as the federal government foresees in its intentions to quadruple the production of natural gas, before this scenario there are different challenges: from the financial ones to the operational ones, but also to Texas, which has quite attractive prices. For Ramses Pech, a specialist in Energy, fracking can be beneficial as long as the goals set are met within a period of no more than 10 or 15 years…
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