Global Tanker Cargo Ship Market 2021 Industry Trends, Share, Opportunities, Market Research Analysis and Forecast-2027
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Global Tanker Cargo Ship Market 2021 Industry Trends, Share, Opportunities, Market Research Analysis and Forecast-2027
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By Reuters Staff
4 Min Read
MEXICO CITY (Reuters) - Mexico’s president asked consumers on Thursday to use less electricity in the evenings as a measure to help overcome shortages of natural gas from Texas, which is seeking to ban exports of the fuel during freezing weather.
FILE PHOTO: Light poles are pictured without power during an outage in Mexico s electricity network, in Ciudad Juarez, Mexico February 15, 2021. REUTERS/Jose Luis Gonzalez/File Photo
Mexico generates the majority of its power from natural gas, mostly imported from the United States. Latin America’s second-largest economy has reeled as imports via pipeline from Texas dropped by about 75% over the last week, causing billions of dollars of losses on power outages and factory closures.
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MEXICO CITY, Feb 18 (Reuters) - Two tankers carrying U.S. liquefied natural gas (LNG) for Mexico are expected to arrive on Thursday in the country’s Altamira and Manzanillo ports, government officials said and Refinitiv Eikon data showed, part of emergency purchases by the government to ease interrupted gas supplies.
Mexico resorted to LNG supplies to partially offset a gas deficit for power generation after cold weather froze several key gaslines crossing the U.S. border. The governor of Texas on Wednesday banned out-of-state gas supplies through Feb. 21 to prioritize the state’s utilities.
The Latin American nation is also ramping up electricity generation for its northern states by using coal and fuel oil while asking households and factories to limit consumption to avoid outages.