The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan led an Indian delegation to Mexico on May 18-19, 2015. During the two-day official visit he held bilateral talks with his counterpart Minister of Energy of Mexico Mr. Pedro Joaquín Caldwell. He also met Minister of Economy Mr. Ildefonso Guajardo Villareal and CEO of national oil company of Mexico PEMEX Mr. Emilio Lozoya Austin.
During the meetings, Shri Pradhan stressed upon the resolve of the Government under leadership of Hon’ble Prime Minister Shri Narendra Modi to develop energy partnership with key energy producing countries of the world. He added that India is trying to diversify its import sources of energy and more than 20% of crude import of India is presently sourced from Latin America.He mentioned that Mexico figures high on the priority of India to enhance bilateral energy ties. ONGC Videsh has decided to open its office in Mexico City to pursue opportunities in upstream sector.It has also signed a MoU with PEMEX for cooperation in upstream sector.