End of preview - This article contains approximately 137 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 11 August 2020
In brief: Mexico proposes exporting natural gas to Asia
* The Mexican government led by President Andrés Manuel López Obrador has proposed exporting natural gas to Asia, as a solution to surplus gas resulting from a conflict involving supposedly fraudulent contracts for the construction of gas pipelines. According to López Obrador, contracts for the construction of gas pipelines and the purchase of natural gas from the US were signed by previous governments with the aim of supplying up to 20 thermoelectric plants managed by Mexico's state-run electricity firm (CFE) – but the plants were never built. “We have to figure out what to do with the gas, we haven’t ruled out that we could get bids from companies so that they can treat the gas, freeze it and sell it to Asia”, López Obrador said in response to a question during his morning press briefing.
- TRINIDAD & TOBAGO: Rowley claims victory in general election
- VENEZUELA: Electoral process off to volatile start
- In brief: Colombia and Israel launch free trade agreement
- BRAZIL: First state schools re-open amid criticisms
- In brief: Chinese demand sustained Brazil’s exports, says Guedes
- In brief: Business lobby urges resolution to Panama-Costa Rica trade spat
- MEXICO: López Obrador accused of diversionary tactics
- In brief: Mexico proposes exporting natural gas to Asia
- CHILE: Lorry drivers threaten strike over Mapuche attacks
- In brief: Argentina’s YPF sees hefty losses in Q2