BR100 Increased By (0.44%)
BR30 Increased By (1.39%)
KSE100 Increased By (0.62%)
KSE30 Increased By (0.61%)
BECO 5.43 Decreased By ▼ -0.06 (-1.09%)
BML 55.69 Decreased By ▼ -1.07 (-1.89%)
BOP 35.38 Increased By ▲ 0.26 (0.74%)
CNERGY 8.20 Increased By ▲ 0.05 (0.61%)
DCL 11.55 Increased By ▲ 0.04 (0.35%)
FCCL 58.36 Increased By ▲ 1.61 (2.84%)
FCSC 5.12 Decreased By ▼ -0.03 (-0.58%)
FFL 17.84 Decreased By ▼ -0.04 (-0.22%)
FNEL 1.25 No Change ▼ 0.00 (0%)
HUMNL 11.07 Decreased By ▼ -0.05 (-0.45%)
KEL 8.75 Increased By ▲ 0.33 (3.92%)
KOSM 6.69 Increased By ▲ 0.11 (1.67%)
MLCF 107.15 Increased By ▲ 3.85 (3.73%)
NBP 201.73 Increased By ▲ 1.55 (0.77%)
PACE 11.30 Increased By ▲ 0.01 (0.09%)
PAEL 44.49 Increased By ▲ 1.02 (2.35%)
PIAHCLA 29.41 Increased By ▲ 1.92 (6.98%)
PIBTL 18.64 Increased By ▲ 0.94 (5.31%)
PPL 247.98 Increased By ▲ 3.66 (1.5%)
PRL 35.29 Decreased By ▼ -0.14 (-0.4%)
PTC 66.14 Increased By ▲ 0.79 (1.21%)
SEARL 95.49 Increased By ▲ 2.17 (2.33%)
SSGC 32.04 Decreased By ▼ -0.90 (-2.73%)
TELE 8.87 Decreased By ▼ -0.04 (-0.45%)
THCCL 66.61 Decreased By ▼ -0.11 (-0.16%)
TPLP 10.57 Decreased By ▼ -0.26 (-2.4%)
TREET 25.30 Increased By ▲ 0.18 (0.72%)
TRG 64.40 Decreased By ▼ -0.50 (-0.77%)
WAVES 10.90 Decreased By ▼ -0.03 (-0.27%)
WTL 1.26 Increased By ▲ 0.01 (0.8%)
Markets

Mexico has other energy sources if Texas gas falters

  • "We cannot reply on one single fuel for power generation," Mexican President Andres Manuel Lopez Obrador said in a news conference.
  • It was not immediately clear if the gap between alternative supply and demand would be covered by gas imports from the United States and other sources, or would lead to shortages.
Published February 18, 2021 Updated February 18, 2021 07:48pm
By

MEXICO CITY: Mexican has alternative energy sources including two liquefied natural gas (LNG) cargoes expected to arrive on Thursday, the government said, after Texas interrupted its natural gas exports during a weather emergency.

Officials from state electricity utility CFE said alternative supplies could generate 30,000 MW of 38,000 MW demand.

"We cannot reply on one single fuel for power generation," Mexican President Andres Manuel Lopez Obrador said in a news conference.

It was not immediately clear if the gap between alternative supply and demand would be covered by gas imports from the United States and other sources, or would lead to shortages.

Two LNG tankers were expected to arrive on Thursday, the officials said. One of the cargoes was expected to arrive in Mexico's Altamira port from the Texas coast, Refinitiv Eikon data showed.

The Malaysia-flagged LNG tanker Seri Balhaf departed from Freeport, Texas on Wednesday. Other cargoes are expected to reach Mexican ports from Asia in the coming days, the government has said.

Comments

Comments are closed for this article.