Mexico’s biggest onshore oil & gas find in 15yrs will reduce import dependence
Monday, 08 January 2018
Pemex, Mexico’s national oil company, has made the biggest onshore find of oil and associated natural gas in 15 years in the eastern state of Veracuz. The find near the Ixachi-1 well, believed to hold some 1.5 billion barrels of oil equivalent, will help reduce Mexico’s reliance on importing LNG and pipeline gas from the United States.
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