energy reform

Mexico’s state giant Petróleos Mexicanos (Pemex) saw domestic sales of natural gas decrease by 10.9% year/year in 2021, the firm said in its recently released 20-F annual report to the U.S. Securities and Exchange Commission. Sales dropped from 1.313 Bcf/d in 2020 to 1.170 Bcf/d last year, Pemex said. This decrease “was mainly because private…

Ever since coming to power at the end of 2018, Mexico President Andrés Manuel López Obrador has promised to kill the energy reform of his predecessor Enrique Peña Nieto. With his recent proposal to drastically overhaul the energy sector through a constitutional amendment, is this on the cusp of happening? Analysts at political risk group…

Mexico’s ruling Morena party and its allies lost their supermajority in the lower congressional house in Sunday’s midterm elections, placing a check of sorts on President Andrés Manuel López Obrador’s nationalist energy agenda. Preliminary results showed that the president’s coalition still holds simple majorities in the senate and the chamber of deputies, which is enough…

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. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…