Revving up. On March 2, the Energy Secretariat (SENER) published its revamped strategy to drive the country’s oil and gas bidding rounds. The principal changes are to establish standard block sizes, to open all blocks simultaneously for nomination by private parties, and to hold two bidding rounds per year. The three-step nomination scale — high, middle, low — will help SENER gauge private-sector interest across the country’s reserves and to rank the latter both domestically and internationally. While nominations are open to anyone as of the announcement, there will be a three-month period prior to the launch of a bidding round for SENER to evaluate which blocks to include. It looks as if SENER is in a hurry to maximize the country’s oil rent. (Source: SENER)
Mexico
Articles from Mexico
Mexico’s First NatGas Pipeline Capacity Open Season Nearer to Completion
Cenagas’ first transportation capacity open season for Mexico’s National Integrated Pipeline System (Sistrangas) reached another milestone Friday when the request submission period ended.
Trump Proposals Won’t Hurt Sempra’s Mexico Operations, Says CEO
With one of the energy sector’s larger stakes in Mexico, Sempra Energy is watching closely moves in the White House with the new president’s focus south of the border, but so far its CEO thinks the San Diego-based utility holding company will continue to do just fine down there.
U.S. Gas Exports to Mexico Climbed Last Year as Pemex Drilling Declined
Mexico’s Petroleos Mexicanos (Pemex) reported a smaller financial loss for 2016 than 2015. Natural gas production also declined while imports from the United States climbed.
Kinder Pipes Offering Texas Capacity to Serve Mexico
Kinder Morgan Inc. (KMI) is holding a nonbinding open season through March 10 for firm natural gas transportation service on its Kinder Morgan Border Pipeline LLC (KM Border) and Kinder Morgan Tejas Pipeline LLC (KM Tejas) to serve the growing demand for natural gas supplies in Mexico.
Mexico’s Cenagas Announces Importation Pipeline Auction Winners
Mexico’s first auction to reserve natural gas importation capacity produced its winners on Friday.
Mexico Holding Import Pipeline Capacity Auction This Week
The last piece in Mexico’s inaugural natural gas market opening process fell into place this week as pipeline network system operator Centro Nacional de Control de Gas Natural (Cenagas) on Monday published terms for its first importation infrastructure capacity auction, to be held on Friday (Feb. 17).
Exports From Sabine Pass Climbed Late Last Year; More Cargos to Mexico
The volume of inlet gas received at the Sabine Pass LNG Terminal was up substantially during November and December, as was the number of export cargos. Meanwhile, during November the terminal saw four cargos depart for Mexico, twice as many as during the preceding nine months.
U.S.-Mexico NatGas Exports Running 4.2 Bcf/d This Year, EIA Says
Energy trade between the United States and Mexico continues to grow while the value of U.S. exports has surpassed the value of what it imports from Mexico, according to the U.S. Energy Information Administration (EIA). Meanwhile, exports of U.S. natural gas to Mexico so far this year have exceeded 4.2 Bcf/d, the agency said Thursday.
Pemex NatGas Contract Release Program Begins
Mexico’s Comision Reguladora de Energia (CRE) on Feb. 2 launched the first phase of the program to have state oil company Pemex release 70% of its natural gas supply contracts.
