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News // Oil and gas worldwide

Russia eyes investment in Mexico's energy sector

08 February 2019 , 16:09Neftegaz.RU710

Mexico City, February 8 - Neftegaz.RU. Russian officials and businessmen expressed in the Mexican Senate the interest to invest in Mexico's energy sector, with the aim of supporting development and increasing trade between both countries.


In the «Forum on energy and investment for the Generation of Energy, Gas & Oil», Senator Cora Pinedo Alonso said that it is essential to increase bilateral incentives with Russia at the highest level, with the firm commitment to develop energy and cooperation projects that benefit the 2 countries.


The vice president of the Foreign Affairs Committee of Russia, Alexander Babakov, considered that the current economic relations between both nations are not enough and do not show all the potential that exists, especially in the energy sphere. Mexico can find support in Russia to boost its current energy program, he added.

The president of the Commission of External Relations Asia - Pacific - Africa, said that the new Mexican government recognizes the potential of ties with Russia, as that nation consolidated in the international energy markets and increased the competitiveness of its products and services in the world, he said.


He specified that within the framework of the National Plan for the Production of Hydrocarbons in Mexico, the main objective is to increase production throughout the country and achieve more than 2 million barrels of oil per day.


Mexican Senator José Luis Várguez said that during this forum will be discussed the possibilities, alternatives and proposals that Russia and Mexico can have in the generation of energy, gas, oil and infrastructure.


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