Sheinbaum government presents plan to boost natural gas production

Energy Secretary Luz Elena González Escobar announced a plan to increase natural gas production and cut import dependency, alongside President Claudia Sheinbaum. The initiative features a technical committee for sustainable practices and speeds up renewables to 38% by 2030.

Energy Secretary Luz Elena González Escobar presented Mexico's government project to bolster energy security by ramping up natural gas production. Alongside President Claudia Sheinbaum Pardo, she noted that Mexico consumes 9 billion cubic feet of natural gas daily, with Pemex producing 2.3 billion and importing 6.8 billion, mainly from the United States.

The plan aims to cut the 75% import reliance, projecting output to exceed 8 billion cubic feet daily by 2035 via unconventional fields. President Sheinbaum stressed: “If we are to exploit unconventional gas, it must be sustainable, minimizing environmental impacts to the maximum.”

A Technical Scientific Committee of water, geology, and environment experts will recommend technologies to reduce effects on soils and aquifers. Pemex CEO Víctor Rodríguez Padilla highlighted prospective resources over 141 trillion cubic feet in basins like Burgos, Sabinas, and Tampico-Misantla.

The initiative also hastens the Energy Transition Plan to lift renewables in electricity generation from 24% now to 38% by 2030, as gas demand rises 30% by the end of the term due to new industrial and fertilizer projects.

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Pemex refinery scene with executives presenting rising fuel production and falling debt charts, symbolizing Mexico's energy success.
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Pemex announces rise in fuel production and debt reduction in 2025

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Petróleos Mexicanos (Pemex) reported a fifth consecutive year of rising gasoline production in 2025, reaching 511,000 barrels per day, during the presentation of its 2026 plan. The company also disclosed that its debt hit the lowest level in 11 years and clarified details on crude oil sales to Cuba. These developments are part of the Mexican government's energy sovereignty strategy.

Energy Secretary Luz Elena González joined President Claudia Sheinbaum in Sonora to unveil investments in energy infrastructure, featuring the expansion of a pipeline to Guaymas. The project encompasses a liquefaction plant to export gas to Asia and enhance supply to southern Mexico. With a 131 billion peso investment, it establishes Mexico as a key energy hub in Latin America.

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In remarks following her disclosures on historical debt relief, President Claudia Sheinbaum emphasized that energy sector deals with Cuba are fully compliant with legal standards, aiming to address concerns over their legitimacy.

President Claudia Sheinbaum announced on March 30 that her government is negotiating a voluntary agreement with gas station owners to further reduce diesel prices, currently averaging 28.23 pesos per liter. Without fiscal stimuli, it could reach 35 pesos due to rising oil prices from the war in Iran.

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The Dos Bocas refinery and the rehabilitation of the National Refining System boosted Pemex's production in 2025, covering 52.9% of the gasolinas commercialized and reducing imports to their lowest level in 16 years. For diesel, coverage reached 92% of domestic demand. This improvement marks the largest increase in four years for gasolinas and a decade for diesel.

Mexican President Claudia Sheinbaum held a brief 15-minute phone call with US President Donald Trump on January 12, 2026, to defend Mexico's sovereignty amid threats of military intervention against drug cartels. Sheinbaum rejected the need for US troops and highlighted existing bilateral cooperation. Trump also inquired about Mexico's stance on the situation in Venezuela.

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Petróleos Mexicanos (Pemex) will sign the first five mixed contracts with private companies on December 19 to increase oil and gas production. The winning companies include Consorcio Petrolero 5M del Golfo, Geolis, CESIGSA, and Petrolera Miahuapan. These agreements aim to recover substantial amounts of hydrocarbons over the next 20 years.

 

 

 

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