nearshoring

Thousands of Mexico Energy Permits Said Caught in Backlog, Slowing Infrastructure Development

Thousands of Mexico Energy Permits Said Caught in Backlog, Slowing Infrastructure Development

Mexican energy trade group Consejo Mexicano de la Energia (Comener) has called on regulators to streamline permitting so as to not waste the near-term opportunities presented by nearshoring. Nearshoring is the buzzword of the moment in Mexico. It refers to North American companies shifting manufacturing processes closer to home. Boosted by the United-States-Mexico-Canada-Agreement, or USMCA,…

October 17, 2023
Mexico Natural Gas Storage Vital to Nearshoring, Says Énestas Director

Mexico Natural Gas Storage Vital to Nearshoring, Says Énestas Director

“One of the most important goals in Mexico is to reach energy security,” Carlos Alberto Boone de Nova, director of business intelligence and public affairs at Énestas México, told NGI’s Mexico GPI. “To achieve that, we must increase our storage capacity — which currently is estimated at only 2.4 days — as well as expand…

August 18, 2023
Mexico Nearshoring Limited by Insufficient Natural Gas Grid, Says IMCO 

Mexico Nearshoring Limited by Insufficient Natural Gas Grid, Says IMCO 

Nearshoring, which allows companies to move some manufacturing operations to other countries while keeping supply chains closer to home, is being billed as the next great economic opportunity for Mexico.  The forecasts for the amount of investment that Mexico could generate as a result of nearshoring by North American companies vary, though the consensus is…

August 17, 2023
Natural Gas Key in Mexico Energy Transition, Nearshoring Opportunity, Says Valia Energía CEO

Natural Gas Key in Mexico Energy Transition, Nearshoring Opportunity, Says Valia Energía CEO

“The most important opportunities for the future are without question tied to the energy transition in Mexico,” Narcis de Carreras, CEO of Valia Energia in Mexico City, told NGI’s Mexico GPI. “Across all of these developments, natural gas will continue to play a central and key role for many more years and will be relied…

July 21, 2023
Texas Natural Gas Big Part of Mexico Nearshoring Appeal — Column

Texas Natural Gas Big Part of Mexico Nearshoring Appeal — Column

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 big investment news in Mexico is Elon Musk’s intention to build a ~$5 billion Tesla plant in the thriving northern city…

March 23, 2023
Mexico Nearshoring Boom Could Be Upended by Regulatory Environment — Column

Mexico Nearshoring Boom Could Be Upended by Regulatory Environment — Column

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 big investment news in Mexico is Elon Musk’s intention to build a ~$5 billion Tesla plant in the thriving northern city…

March 17, 2023
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