Mexico

CFE Natural Gas Exports from U.S. to Mexico Surge in Second Quarter

CFE Natural Gas Exports from U.S. to Mexico Surge in Second Quarter

A U.S. subsidiary of Mexico’s state power company Comisión Federal de Electricidad (CFE) posted a 14% year/year increase in pipeline natural gas exports from the United States to Mexico during the second quarter, according to the U.S. Department of Energy. The subsidiary, CFE International LLC (CFEi), exported 298,963 MMcf or 3.3 Bcf/d under short-term contracts…

November 23, 2022
Mexico’s Gas-Rich Lakach, Once Thought Dead, Being Revived as Export Project

Mexico’s Gas-Rich Lakach, Once Thought Dead, Being Revived as Export Project

New Fortress Energy Inc. (NFE) is steaming ahead with another LNG export project in Mexico. On Tuesday, the company said it had finalized a deal with Mexican state oil firm Petróleos Mexicanos (Pemex) to develop and operate a natural gas field and a liquefaction project off the coast of Veracruz. The offshore liquefaction plant at…

November 22, 2022
TC Energy Touts ‘Transformative Year’ in Mexico, Improved Collaboration with CFE

TC Energy Touts ‘Transformative Year’ in Mexico, Improved Collaboration with CFE

TC Energy Corp. is strengthening its commercial ties with Mexico’s largest natural gas consumer and working toward the completion of multiple pipeline projects in the country. The consumer is state power company Comisión Federal de Electricidad (CFE), whose demand averages about 4 Bcf/d, nearly all of which comes from the United States. In a call…

November 21, 2022
Natural Gas Infrastructure Projects Said Major Growth Opportunity in Mexico

Natural Gas Infrastructure Projects Said Major Growth Opportunity in Mexico

Mexico’s biggest growth opportunities include “natural gas and natural gas processing at the top of the list, including storage and completing the supply chain, such as the development of processing centers for LNG in ports,” Jorge Pedroza, energy director at PwC Mexico, told NGI’s Mexico GPI. “There is a window of opportunity that won’t last…

November 18, 2022
‘Grass Is Greener’ in Mexico for Industrial Natural Gas Buyers, Says BP Exec

‘Grass Is Greener’ in Mexico for Industrial Natural Gas Buyers, Says BP Exec

Mexico’s industrial natural gas consumers are adopting more sophisticated procurement strategies and seeking to lock in relatively cheap U.S. prices for as long as possible,  according to BP plc’s Pedro Elio, head of origination for BP’s Mexico gas marketing business. Elio spoke Tuesday at LDC Forums’ US-Mexico Natural Gas Forum in San Antonio, TX. BP…

November 18, 2022
CFE Changes Tack, Enlists International Firms in Demand-Focused Natural Gas Strategy

CFE Changes Tack, Enlists International Firms in Demand-Focused Natural Gas Strategy

Top Mexican officials were in Texas this week laying out their new strategy for natural gas. Speaking on Wednesday at LDC Forums’ annual US-Mexico Natural Gas Forum in San Antonio, CFEnergía head Miguel Reyes said Mexican utility Comisión Federal de Electricidad (CFE) and international firms would now work together to solve natural gas problems. CFEnergía…

November 17, 2022
Mexico Industrials Locking In Cheap U.S. Natural Gas Prices Amid Global Volatility, BP Exec Says

Mexico Industrials Locking In Cheap U.S. Natural Gas Prices Amid Global Volatility, BP Exec Says

Mexico’s industrial natural gas consumers are adopting more sophisticated procurement strategies and seeking to lock in relatively cheap U.S. prices for as long as possible,  according to BP plc’s Pedro Elio, head of origination for BP’s Mexico gas marketing business. Elio spoke Wednesday at LDC Forums’ US-Mexico Natural Gas Forum in San Antonio, TX. BP…

November 15, 2022
Mexico LNG Projects, Power Plants Lack Clear Path to Natural Gas Access, Experts Say

Mexico LNG Projects, Power Plants Lack Clear Path to Natural Gas Access, Experts Say

Mexico has big plans to become an LNG export powerhouse, but it might not have the pipelines or available capacity to do so, according to experts. “Is there enough capacity and pipelines to support these projects? I don’t think so,” said the head of the Gadex consultancy, Eduardo Prud’homme, on Monday at the LDC Gas…

November 14, 2022
What is Mexico Doing to Improve Energy Supply? Listen Now to NGI’s Hub & Flow

What is Mexico Doing to Improve Energy Supply? Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow. NGI Latin America editor Christoper Lenton sits down with Mexico energy expert Rosanety Barrios to talk about Mexico’s natural gas market in light of global turmoil after Russia’s invasion of Ukraine.  Lenton and Barrios discuss how Mexico is now competing for natural…

November 14, 2022
New Fortress to Bring Online ‘More Than Half’ of World’s New LNG Export Capacity in 2023-2024

New Fortress to Bring Online ‘More Than Half’ of World’s New LNG Export Capacity in 2023-2024

New Fortress Energy Inc. (NFE) expects to finish building its first “Fast LNG” unit by March and start operations by the middle of next year offshore Mexico’s east coast, with several more units to follow shortly thereafter. NFE has finalized a series of liquefied natural gas agreements with Mexican state electricity firm Comisión Federal de…

November 9, 2022
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