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 opinions and positions expressed by Prud’homme do not necessarily reflect the views of NGI’s Mexico Gas Price Index. The events of…
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Major Oil and Gas Companies Disillusioned with Mexico Uncertainty, Veteran Executive Says
“Among the majors, there’s definitely a disillusionment and disappointment for how things are evolving in the sector, which wasn’t what many expected” when they invested in Mexico, said Alfredo García, managing director at Siete Energy and 31-year veteran in oil and gas exploration and development services. “I think the reasons for inactivity or abandoned projects…
Column: CFE’s Bet on Greater Mexico Market Share Means More Combined Cycle Plants
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 opinions and positions expressed by Prud’homme do not necessarily reflect the views of NGI’s Mexico Gas Price Index. Mexico’s government wants…
Mexican Consumer Prices to Rise if Electricity Proposal Passes, Baker Institute Director Says
“I think people are in for a very big surprise if they allow the Mexican government to monopolize the electricity sector; it’s simply not going to do Mexicans any favors in terms of efficiency, competition, low prices, or capital investment,” Tony Payan, Director of the Center for the United States and Mexico at Rice University’s…
Column: Mexico’s Electricity Reform Would Lead to More, Not Less, Reliance on NatGas Imports
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 year 2022 is littered with risk for economic activity in Mexico. The persistence of an inflationary environment, the expectation of meager…
Mexican Energy Companies On Edge in New Year, Top Industry Lawyer Says
“Widespread uncertainty is impacting energy companies in Mexico on a daily basis,” David Enríquez, senior partner at the Mexico City-based law firm Goodrich, Riquelme y Asociados, told NGI’s Mexico GPI. “Some companies don’t even know if they will continue to exist in the next few months or if they’re going to have a permit to…
Column: Pemex’s 10 Energy Sector Priorities Fail to Address Natural Gas Issues
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 opinions and positions expressed by Prud’homme do not necessarily reflect the views of NGI’s Mexico Gas Price Index. A few days…
Mexico Likely to Experience Power Outages in 2022, Industry Expert Says
“It appears the demand for electricity is beginning to grow again as the economy recovers and that, if there is a sudden spike in demand, for example, the supply isn’t going to be there to meet it,” Víctor Florencio Ramírez, directing partner at Mexico City-based consultancy Perceptia21 Energía, told NGI’s Mexico GPI. “We’re going to…
Flex LNG Chief Sees Tight Freight Markets, Volatility Ahead for Global Natural Gas Trade
The last year has been a chaotic one for the liquefied natural gas (LNG) trade, and it could be a preview of what’s to come in the years ahead as the super-chilled fuel is further commoditized, according to Flex LNG Ltd. CEO Oystein Kalleklev. Flex owns a fleet of 13 LNG carriers. Like others in…
Bio, Synthetic LNG Seen as Key to Super-Chilled Fuel’s Long-Term Role in Marine Sector
Renewable energy is likely to generate more marine fuels in the future, and natural gas will factor heavily into the mix, according to SEA-LNG COO Stephen Cadden. Cadden’s organization advocates for the use of liquefied natural gas (LNG) as a marine fuel. SEA-LNG promotes the economic and environmental benefits of LNG. The organization was founded…