Mexico's Pemex to Hand Over Natural Gas Project to Business Magnate, Report Says

(Reuters) — Mexican state oil firm Pemex has agreed to hand over control of its Lakach natural gas project in the Gulf of Mexico to Grupo Carso, a company belonging to Mexican billionaire Carlos Slim, El Heraldo columnist Dario Celis reported on Thursday.

Celis did not cite sources for the information and neither Pemex nor Slim's team immediately responded to requests for comment.

Two sources told Reuters last month that Pemex and Slim's team were in talks over reviving the development of the Lakach field, the Latin American country's first deepwater natural gas field, a plan that has been shelved twice before.

The sources said Pemex considered finding a new partner a top priority to boost the field, hailed as a potential gateway to a new deepwater Mexican gas frontier, after U.S. liquefied natural gas company New Fortress Energy pulled out last year.

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