Mexico

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,…

Mexico Energy Minister Rocío Nahle is resigning from her post to run for governor of Veracruz state, capping off a five-year stint as Mexico’s top energy policymaker. A petrochemical engineer and former employee of state oil company Petróleos Mexicanos (Pemex), Nahle was handpicked for the post by Mexico’s firebrand president Andrés Manuel López Obrador, better…

Northern Mexico needs additional natural gas infrastructure to meet rising energy demand, energy lawyer Alain Duthoy told NGI’s Mexico GPI.  “The recent announcements of more natural gas capacity and supply are positive, but there is still a lack of infrastructure in place to distribute it to the companies and industries that need it,” he said.…

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. Cenagas has announced an important open season on the Sistrangas pipeline network, of which it is operator. An open season is an…

Mexico’s Centro Nacional de Control del Gas Natural (Cenagas) is calling on interested natural gas shippers to reserve firm transport capacity at several points in the country. Cenagas operates the Sistrangas pipeline network, which spans more than 6,300 miles throughout Mexico. Through an open season lasting until Jan. 23, Cenagas is making available 584,801.71 GJ,…

Mexico’s national utility Comisión Federal de Electricidad (CFE) through its international marketing subsidiary CFE International LLC (CFEi) has put out a bid for proposals for the supply of natural gas from Texas. CFEi is the U.S.-based entity responsible for procuring natural gas to support power generation and other needs in Mexico. The Mexican state giant…

“Everyone is talking about nearshoring and a key issue to take advantage of this historic opportunity for Mexico is that we’re going to need more electricity, and with it, more natural gas,” Guillermo García Alcocer, former chair of Mexico’s Comisión Reguladora de Energía (CRE) told NGI’s Mexico GPI. “The current electricity matrix is powered some…

North American natural gas futures have enjoyed a positive week, with October rolling off the board on Wednesday at $2.674/MMBtu after four consecutive days of gains. On Thursday, the New York Mercantile Exchange gas futures contract for November on its first day as prompt month settled at $2.942, up 4.3 cents. Healthy LNG demand at…

Boosted by North American projects, TotalEnergies plans to use LNG as one of its key “pillars” as it aims to grow natural gas and oil production by at least 2% annually until the end of the decade. In an outlook presentation as a part of TotalEnergies’ investor day in New York, executives outlined how the…