Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The opinions and positions expressed by Prud’homme do not necessarily reflect the views of NGI’s Mexico Gas Price Index.

Nahle

A few days before the start of 2022, the government of Mexico presented a list of 10 priorities for Petróleos Mexicanos (Pemex) for the remainder of the López Obrador presidency. There’s nothing new here. The central purpose is achieving energy autonomy, which now includes using the Deer Park refinery in Texas. The volume of crude processed in 2021 at six refineries would almost triple in 2023 with the inclusion of the refining capacity of...