Topic / Mexico

Subscribe

Mexico

Will U.S. Export Permit Freeze Impact Booming Mexico Natural Gas Market? Listen Now to NGI’s Hub & Flow

Will U.S. Export Permit Freeze Impact Booming Mexico Natural Gas Market? Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, which spotlights the latest developments in Mexico’s natural gas market. At a recent energy conference in the booming border town of Monterrey, NGI Mexico Senior Editor Christopher Lenton was among panelists exploring the changing dynamics of the Mexico natural gas market. In…

February 5, 2024
U.S. Natural Gas Said Essential to Mexico’s Economic Advancement 

U.S. Natural Gas Said Essential to Mexico’s Economic Advancement 

Mexican states are working to lure nearshoring investment from international firms, and access to natural gas is pivotal, officials said at an energy conference in Monterrey, Nuevo León. “Natural gas is here to completely change our state,” general director Carlos Adrián Garcia of Campeche state’s energy agency said at the 9th Mexican Infrastructure Projects Forum.…

January 31, 2024
Mexico Natural Gas Market Growth Said Challenged by Lack of Storage, Uneven Regulation

Mexico Natural Gas Market Growth Said Challenged by Lack of Storage, Uneven Regulation

Representatives from some of Mexico’s most important natural gas supply, transport and storage companies are optimistic that the national industry is poised to continue to grow.Mexico natural gas demand is set to expand 4.6% annually during the next decade, according to forecasts by national pipeline system operator Cenagas.  “I think natural gas is probably in…

January 30, 2024
Esentia to Offer Capacity on Mexico Pipelines as Natural Gas Market Opens Up

Esentia to Offer Capacity on Mexico Pipelines as Natural Gas Market Opens Up

Esentia Energy Systems is planning to offer capacity on its network of natural gas pipelines that stretch from Waha in West Texas to the industrial hub of Guadalajara in central Mexico. “We are going to run an open season for capacity on our pipes for natural gas out of Waha,” Esentia commercial vice president Jorge…

January 29, 2024
Mexico’s Presidential Frontrunner Sheinbaum Seeks 50% Renewable Generation By 2030

Mexico’s Presidential Frontrunner Sheinbaum Seeks 50% Renewable Generation By 2030

If elected, Mexican presidential candidate Claudia Sheinbaum would seek to increase the country’s renewable electricity generation to as much as 50% of the national grid by the conclusion of her term in 2030, industry members familiar with the plans told NGI’s Mexico GPI. The ambitious goal for renewable energy generation would represent a dramatic shift…

January 22, 2024
Cenagas Open Season Landmark Win for Mexico Natural Gas Market — Column

Cenagas Open Season Landmark Win for Mexico Natural Gas Market — 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 recent completion of the open season by Cenagas, the operator of Mexico’s integrated gas pipeline network Sistrangas, marks a pivotal moment…

January 19, 2024
Mexico’s Natural Gas-Dominant Energy System Tested Amid Growing Import Needs — Spotlight

Mexico’s Natural Gas-Dominant Energy System Tested Amid Growing Import Needs — Spotlight

Mexico’s reliance on imported U.S. natural gas to keep its lights on and industry running was spotlighted this week, but in the end fears of weather-related disruptions proved overblown. Pipeline operator Cenagas and power operator Cenace both had issued statements following frigid temperatures that warned of possible disruptions to Mexico natural gas flows. Mexico imports…

January 18, 2024
ExxonMobil Agrees to Purchase More LNG From Saguaro Energia Export Project in Mexico

ExxonMobil Agrees to Purchase More LNG From Saguaro Energia Export Project in Mexico

Mexico Pacific Ltd. LLC (MPL) has signed another long-term agreement to sell an ExxonMobil affiliate more LNG from MPL’s Saguaro Energia export project under development on the country’s west coast.  MPL said Tuesday it would sell 1.2 million metric tons/year (mmty) of the super-chilled fuel from Saguaro’s third liquefaction train to ExxonMobil LNG Asia Pacific…

January 17, 2024
Mexico Natural Gas System Operating Without Complications Amid Texas Freeze

Mexico Natural Gas System Operating Without Complications Amid Texas Freeze

Mexico’s natural gas system is standing firm amid bitingly cold weather in Texas that brought back memories of the 2021 winter storm that deeply impacted cross-border flows. On Friday night, Mexico power system operator Cenace declared a state of operational emergency on the national grid “due to the possibility of rationing of natural gas imported…

January 16, 2024
U.S. Natural Gas Exports to Mexico Seen Breaking Records in 2024

U.S. Natural Gas Exports to Mexico Seen Breaking Records in 2024

Mexico’s natural gas market will continue its modernization and expansion in 2024, regardless of who wins the presidential election on June 2. Natural gas demand in Mexico, driven by the power sector, continues to rise. Power demand was up by around 440 MMcf/d in 2023 to 4.603 Bcf/d, according to Wood Mackenzie data. Natural gas…

January 16, 2024