Mexico says Pemex to spend $2 bln to lower methane emissions


Reuters | Mexico City | Updated: 17-06-2022 22:41 IST | Created: 17-06-2022 22:41 IST
Mexico says Pemex to spend $2 bln to lower methane emissions
  • Country:
  • Mexico

Mexican President Andres Manuel Lopez Obrador said on Friday state-run oil and gas company Petroleos Mexicanos (Pemex) would spend $2 billion in direct investments and international credits to lower its methane emissions by up to 98%.

He also said Mexico is exploring the creation of solar parks near the U.S. border and transmission lines that could export power to California and other U.S. states.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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