Andrés Manuel López Obrador (AMLO) promised to recover the country’s energy self-sufficiency quickly, but this process will take longer than expected. Meanwhile, the private sector is still preparing to meet local demand with imports.
The National Hydrocarbons Commission (CNH) spoke about the potential of natural gas reserves in the country and the role of the oil rounds to leverage it.
Andres Manuel Lopez Obrador (AMLO), President of Mexico, said no to the implementation of unconventional techniques such as fracking in the country. This decision would have several negative effects on Mexico’s trade balance, especially in matters of natural gas imports.
The National Center for Natural Gas Control (Cenegas) announced measures to understand the real situation and needs of the natural gas sector in Mexico.
Representatives of Mexico’s industrial sector spoke about Pemex’s decision to reduce natural gas supply to industrial companies.
Works for the Texas-Tuxpan gas pipeline are delayed, and Pemex limited natural gas supply to companies.
Andrés Manuel López Obrador (AMLO) has several plans for the energy sector and is optimistic about the future of this industry. Claudio González Laporte, Chairman of the Board of Directors of Kimberly Clark and twice head of the Mexican Business Council, spoke about the natural gas situation and AMLO’s strategies.
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.
2019, Hydrocarbons Mexico, All Rights Reserved.
