Mexico discovered a huge gas field near the US border
Mexican authorities have announced late Monday (October 24) that the country has discovered a huge gas field near the US border.
Mexico announced late Monday (October 24)
a huge gas field near the US border.
Speaking to reporters and the Mexican Energy Minister, Jordy Herrera said: " With this newly discovered huge gas reserve, Mexico's energy security situation will be stable in the next few decades. . "
The minister did not disclose the official reserves of the newly discovered gas field, but said Mexico would have a huge amount of gas reserves and it would be unwise to delay the development of the industry. .
According to Minister Jordy Herrera, in the near future Mexico can boost gas exports, creating many new jobs. It is expected that there will be about 15 to 20 exploitation wells on an area of 1 ha and there will be about 2-3 petrochemical plants built in the North of Mexico.
The discovery of this huge gas field, along with the development of related economic sectors, is expected to contribute 1% of annual GDP to Mexico. The new gas field will also increase Mexico's total gas reserves by 4 to 5 times at present, as the gas fields are concentrated mainly in the Burgos region in northwestern Mexico.
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