Latest news with #SergeiTsivilev
Yahoo
39 minutes ago
- Business
- Yahoo
Russia says ready to supply LNG to Mexico
By Natalia Siniawski MEXICO CITY (Reuters) -Russia is ready to supply liquefied natural gas (LNG) to Mexico and share energy sector technologies, the Russian embassy in Mexico said on Saturday on X. "We are already working with Mexico. We have excellent LNG technologies, and we are ready to share these technologies and supply LNG as well," Russian Energy Minister Sergei Tsivilev said. Russia is prepared to offer oil extraction technologies suited for challenging geological conditions, as well as solutions aimed at improving the efficiency of oil processing, the embassy added. Mexico's state oil company Pemex said in May it was working to reopen closed wells to boost production, as it struggles to meet the government's output target of 1.8 million barrels per day. Pemex has more than 30,000 wells across the country, about a third of which are shut. Internal documents reviewed by Reuters show the company is prioritizing wells with the potential to ramp up crude, gas or condensate output, though progress has been slow due to limited funding and aging infrastructure. Mexico meets 72% of its total demand for natural gas through imports, almost entirely from the United States. The fuel is used mainly to generate electricity and for industrial activities, with the vast majority of natural gas imports carried by pipeline.
Reuters
an hour ago
- Business
- Reuters
Russia says ready to supply LNG to Mexico
MEXICO CITY, June 21 (Reuters) - Russia is ready to supply liquefied natural gas (LNG) to Mexico and share energy sector technologies, the Russian embassy in Mexico said on Saturday on X. "We are already working with Mexico. We have excellent LNG technologies, and we are ready to share these technologies and supply LNG as well," Russian Energy Minister Sergei Tsivilev said. Russia is prepared to offer oil extraction technologies suited for challenging geological conditions, as well as solutions aimed at improving the efficiency of oil processing, the embassy added.
Yahoo
an hour ago
- Business
- Yahoo
Russia says ready to supply LNG to Mexico
MEXICO CITY (Reuters) -Russia is ready to supply liquefied natural gas (LNG) to Mexico and share energy sector technologies, the Russian embassy in Mexico said on Saturday on X. "We are already working with Mexico. We have excellent LNG technologies, and we are ready to share these technologies and supply LNG as well," Russian Energy Minister Sergei Tsivilev said. Russia is prepared to offer oil extraction technologies suited for challenging geological conditions, as well as solutions aimed at improving the efficiency of oil processing, the embassy added.
Business Recorder
2 days ago
- Business
- Business Recorder
Pakistan, Russia discuss energy, trade cooperation
ISLAMABAD: Federal Minister for Energy Ali Pervaiz Malik is visiting Russia, leading a delegation to participate in International Economic Forum 2025 being held in St Petersburg, Russia from June 18-21, 2025. On the sidelines of the forum, the minister held meetings with his counterpart and Chair of Pakistan-Russia Inter Governmental Commission (IGC) and Minister of Energy Sergei Tsivilev. During the meeting both sides held detailed discussions on areas of cooperation between two countries including energy, connectivity, trade and investment, banking and insurance, mining and people to people contacts. Pakistan, Russia take holistic stock of bilateral ties Russian side showed keen interest in enhancing cooperation in all areas bilateral interests and looked forward to the holding of cooperation in 10th session of IGC to be held in the second quarter of 2025 in Islamabad. In addition, Minister Ali Pervaiz Malik held a meeting with the First Deputy Director of Rosatom Minerals, Alexey Shemetov. The minister invited the corporation to invest in Pakistan, specifically, mining sector, focusing on bringing technology and sharing expertise on safety and efficiency of the sector. In response, Alexey agreed to explore avenues and bring proposals for investing in mining sector in Pakistan. Copyright Business Recorder, 2025
Reuters
08-05-2025
- Business
- Reuters
Russia, China discuss Beijing's participation in Russian LNG projects, minister says
May 8 (Reuters) - Chinese companies' involvement in Russian liquefied natural gas projects is being discussed by Russian and Chinese delegations at talks in Moscow, the Interfax news agency cited Russian Energy Minister Sergei Tsivilev as saying on Thursday. When asked about the possibility of Russian companies entering LNG projects in Ust-Luga or other locations in Russia, Tsivilev said that the topic was "being discussed at the moment," but did not provide further details. The state-owned China National Petroleum Corp (CNPC) and Silk Road Fund hold stakes in Russia's Yamal LNG project, while CNPC and China National Offshore Oil Corporation (CNOOC) are involved in the Arctic LNG 2 project. Russia has repeatedly welcomed the prospect of Chinese companies participating in the construction of an LNG plant and a gas chemical complex in Ust-Luga. Russia and China will sign a large number of documents later on Thursday, including an updated investment agreement, Russian President Vladimir Putin told Chinese President Xi Jinping at a meeting in Moscow. Xi is in the Russian capital this week for commemorations to mark the 80th anniversary of the victory of the Soviet Union and its allies over Nazi Germany in World War Two.
