Russia is proposing enhanced cooperation with Mexico in the energy sector, focusing on liquefied natural gas (LNG) and related technological transfers. Sergey Tsivilyov, Russia’s Minister of Energy, indicated that Moscow possesses advanced LNG technologies and is willing to share these with Mexican companies.
Expanded technological transfer
According to statements by the Russian minister at the St. Petersburg International Economic Forum (SPIEF), exchanges between the two countries could extend well beyond LNG. The minister mentioned Russia’s willingness to provide Mexico with specialized methods for oil extraction under challenging geological conditions, as well as processes aimed at optimizing oil refining.
This collaborative initiative would encompass the entire energy value chain, from oil production to the final distribution of refined products. Minister Tsivilyov confirmed Russian companies’ readiness to implement an integrated management framework covering extraction, refining, transport, and consumer distribution.
Bilateral economic perspectives
In the current context marked by global efforts to diversify energy sources, Russia views Mexico as a potentially strategic commercial partner. Sergey Tsivilyov specified that active discussions were ongoing, highlighting Moscow’s openness to cooperate with all interested Mexican stakeholders in these technological and commercial opportunities.
SPIEF, organized by the Roscongress Foundation, has become a key platform for announcing major bilateral economic initiatives. The ongoing edition, held under the theme “Shared Values: The Foundation of Growth in a Multipolar World,” brings together international representatives to discuss global economic issues, including energy security.
Strategic importance of liquefied natural gas
The Russian proposal comes at a time when Mexico is exploring options to diversify and secure its energy supplies. Liquefied natural gas, valued for its ease of storage and maritime transport, is a key resource in international energy exchanges.
By proposing supply and technological cooperation in this sector, Russia aims to strengthen its presence in the American market. For Mexico, this cooperation could fit into a broader strategy of diversifying its energy partnerships.
