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Natural Gas Industry Confident of Mexico’s Continued Thirst for U.S. Imports

Natural Gas Industry Confident of Mexico’s Continued Thirst for U.S. Imports

Imported natural gas will continue to be a growing part of the energy mix in Mexico despite calls from the new government of Andrés Manuel López Obrador to reengineer the sector, according to a range of opinions shared at Industry Exchange’s 4th Mexico Infrastructure Projects Forum in Monterrey, Mexico Jan. 16-17.

January 28, 2019
Mexico Cancels Floating Storage and Regasification Tender for Southern Gas Supply

Mexico Cancels Floating Storage and Regasification Tender for Southern Gas Supply

The tender for a 600 MMcf/d floating storage and regasification unit (FSRU) in the Pajaritos port in the southern Gulf of the Mexican state of Veracruz has been called off, sources have told NGI’s Mexico GPI.

January 22, 2019
Brazil Looking to Jump-Start Natural Gas Market

Brazil Looking to Jump-Start Natural Gas Market

CEO Roberto Castello Branco of Brazil’s Petroleo Brasileiro SA (Petrobras) at his recent swearing-in ceremony said the state-owned energy giant needs to divest natural gas assets and end its domination of the gas supply chain to increase the number of participants in the market.

January 15, 2019
Mexico Fuel Crisis Exposes Over-Reliance On Pemex, Experts Say

Mexico Fuel Crisis Exposes Over-Reliance On Pemex, Experts Say

The fuel supplycrisiscurrently gripping Mexico underscores the importance of the country’s 2013 constitutionalenergy reform, according to local experts.

January 14, 2019
Oil Bests Natural Gas in Pemex 2019 Budget

Oil Bests Natural Gas in Pemex 2019 Budget

Despite a pledged 50% increase in natural gas output to 5.7 Bcf/d by 2024, the 2019 upstream budget of Petróleos Mexicanos (Pemex) disproportionately prioritizes oil over gas, according to local experts.

January 4, 2019
López Obrador Likely to Bring Changes to Mexico Natural Gas Market

López Obrador Likely to Bring Changes to Mexico Natural Gas Market

Although Mexican president Andrés Manuel López Obrador has said relatively little about natural gas policy, he has made clear his opposition to the 2013 constitutional energy reform of his predecessor, Enrique Peña Nieto.

January 3, 2019
Mexico Reports 40% Uptick In Traded Natural Gas Volumes

Mexico Reports 40% Uptick In Traded Natural Gas Volumes

Natural gas marketers in Mexico reported 280 transactions totaling 6.72 Bcf/d in November, up from 138 deals for 4.82 Bcf/d in November 2017, according to the Comisión Reguladora de Energía (CRE)’s IPGN monthly natural gas price index.

December 28, 2018
Mexico CRE Laying Off 60% of Workforce

Mexico CRE Laying Off 60% of Workforce

Mexico’s Comisión Reguladora de Energía (CRE) will lay off 367 temporary employees, or 60% of its total workforce, by the end of this month, multiple commissioners and employees have confirmed.

December 27, 2018
Mexico’s Natural Gas Pipeline Buildout Said Crucial to Easing Texas Glut

Mexico’s Natural Gas Pipeline Buildout Said Crucial to Easing Texas Glut

While producers in the Permian Basin and Eagle Ford Shale have welcomed the recent completion of pipeline projects on both sides of the U.S.-Mexico border, several projects farther downstream in Mexico, considered crucial to easing a natural gas supply glut in Texas, still face delays.

December 18, 2018
AMLO, Allies Express Distrust Of Energy Regulators

AMLO, Allies Express Distrust Of Energy Regulators

The state-centric policies of Mexico’s new government could threaten the autonomy of the country’s energy regulators, according to experts.

December 14, 2018
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