From the beginning it had an initial investment of 1,400 million dollars.
The operation that Pemex achieved with the American company leaves the Mexican oil company with ownership of the field and at the end of the contract it will own the entire infrastructure.
“This agreement will allow the production of this hydrocarbon to begin in the first quarter of 2024. Lakach represents a reserve of around 900 billion cubic feet, which means an average production of 300 million per day over a 10-year horizon,” he explained.
A marketing contract was also signed in which the national state company will sell 190 million cubic feet per day to New Fortress Energy and the remaining 110 million will enter Mexican territory for local consumption.
“This act represents not only the rescue of an investment that was sunk for PEMEX, but also that it becomes a business that will bring economic benefits to the country,” Pemex said.
The company in charge of Octavio Romero Oropeza explained that on the periphery of the Lakach field there are other deposits with a reserve three times greater and that can create synergy, so Pemex authorities will begin an evaluation for its more efficient development.