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A risky future for AMLO’s energy vision; Gas Bienestar does have some support; Sad reality for Pemex petrochemical business — HCM for 2021 07 15

AMLO’s focus on energy sovereignty over energy security is a risky path for the country, analysts say; Gas Bienestar is welcomed in some parts of Mexico even by other LNG distributors; Pemex’s petrochemical business has shrunk to half of its production in the last five years.

Wednesday, July 14th, 2021
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Energy sector through 2024; CRE suspends fuel operations at train terminal; Cofece: Gov inactive in combating LNG concentration– HCM for 2021 07 14

A detailed opinion on what is instore for Mexico’s energy sector through the end of AMLO’s term; the CRE suspends fuel transshipments at the IEnova train terminal; the Cofece commission says government could do more to counter LNG market concentration rather than launch a state run distributor

Tuesday, July 13th, 2021
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Private firms lose hydrocarbons import/export options under new rules; Zama assignment does not violate USMC says USA; Pemex faces investigation into fire– HCM for 2021 07 13

A number of industry associations warn that new rules vastly limiting options for importing and exporting hydrocarbons will affect the greater energy sector; A US commercial representative says the awarding of the Zama field to Pemex does not violate the USMCA treaty; Pemex has 180 days to file a report and faces an investigation into its offshore fire.

Tuesday, July 13th, 2021
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State LPG to cause more distortions; Pemex spills grow under AMLO; CFE arbitration — HCM for 2021 07 12

A state run LPG distributor will cause more market disruptions and increase costs for Pemex and Mexican public finances, analysts say; Under AMLO the number of Pemex oil spills have increased; A Texas gas supplier has filed for arbitration against the state utility CFE.

Friday, July 9th, 2021
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Energy sector concerns for USMCA; Lukoil acquisition in Area 4; Pemex Miztli-1EXP approval – HCM for 2021 07 09

The energy sector is a cause of concern as representatives from the United States, Canada and Mexico met in Mexico City to mark a year of the trade agreement between the three nations; Lukoil purchases 50% of the operation in Area 4; Pemex gets approval for its Miztli-1EXP onshore exploration well.

Thursday, July 8th, 2021
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State distributed LPG and price caps; Pemex Tlense-1EXP well; AMLO promises analysis of eco damage from fire – HCM for 2021 07 08

AMLO’s newest idea to curb increasing gas prices is a state run LPG distributor; Pemex gets approval for the Tlense-1EXP well; AMLO assures an analysis and repair of any eco damage from Pemex’s “eye of flame”.

Wednesday, July 7th, 2021
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