Natural gas prices have shown an upward trend in recent months, generating discontent in Mexican households. Companies that commercialize this fuel talked about this behavior and its causes.
Pemex has been facing a difficult operational and financial crisis during recent years. However, the NOC is optimistic about its future, specially in natural gas. Octavio Romero Oropeza, CEO of Pemex, talked about natural gas output for the next six years.
Mexico is facing times of great uncertainty due to Pemex’s inability to meet local demand for natural gas. Concerns have recently increased due to talk about cancelation of some gas contracts. Representatives from various sectors spoke about this situation.
One of the main challenges of Energy Reform was to improve the infrastructure to transport crude and natural gas around Mexico. Pedro Joaquin Coldwell, Secretary of Energy (Sener), spoke about the growth of the gas pipeline network in Mexico.
The low production of natural gas in the country has created a dependence on imports to serve the local market. Analysts talked about this situation.
The National Hydrocarbons Commission (CNH) wants to promote new natural gas exploration and production projects in Mexico to take advantage of the country’s potential in this issue.
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