Why did Carlos Slim call the Lakach field project 'irrational'?

Carlos Slim called the Lakach field project 'irrational' because of its distance from land and the availability of the same natural gas on land, stating: 'it is irrational to start acting and operating in one place when there's a place on land.' He emphasized that the project's offshore location makes it unnecessarily complex compared to onshore alternatives.

What is the current status of Grupo Carso's involvement in the Lakach field project?

Grupo Carso, led by Carlos Slim, signed an agreement with Pemex in 2024 to partner on developing the Lakach field, but Slim has since declared the project 'irrational' and confirmed that the company was reviewing its feasibility — a process initiated as early as October, according to a Carso official.

Mexican billionaire Slim says Lakach field project is 'irrational'

May 26, 2026

Mexican investor Carlos Slim declared the Lakach deepwater natural gas field project irrational due to distance from land, potentially halting the partnership with state energy firm Pemex.

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