Adam Williams

As clouds gather around the future of Mexico’s energy industry, experts have presented an analysis of changes to the industry since the implementation of the country’s 2013 reform that unleashed private investment in oil, natural gas and electricity for the first time in more than 75 years.

Transparency in Mexico’s natural gas market would suffer if the country’s Comisión Reguladora de Energía (CRE) were to be dissolved, Alexandra Lara, an independent energy consultant that previously worked with the regulator, told NGI’s Mexico GPI.

Mexico needs to invest in natural gas pipelines and further its market opening as its energy demand increases, Acclaim Energy’s Francisco Treviño, sales director for Mexico and Latin America, told NGI’s Mexico GPI.

Two possible cures for Mexico’s increasingly unsteady electric grid are to increase national natural gas production and allow for more private participation in the sector, according to recent reports from experts at Rice University’s Baker Institute for Public Policy and the Atlantic Council.

Two possible cures for Mexico’s increasingly unsteady electric grid are to increase national natural gas production and allow for more private participation in the sector, according to recent reports from experts at Rice University’s Baker Institute for Public Policy and the Atlantic Council.

Mexico’s nascent LNG market could develop into a major presence in the North American energy landscape, Arthur Deakin, Director of Energy at Americas Market Intelligence (AMI), told NGI’s Mexico GPI.

Mexico’s President-elect Claudia Sheinbaum has yet to articulate a clear natural gas and energy policy, according to a veteran in the nation’s energy sector.

On Sunday, June 2, Mexicans are headed to elect a new president at a time when the country has experienced nationwide power outages throughout May due to unseasonable heat and a surge in electricity demand.

Mexico’s reliance on U.S natural gas to meet national electricity needs would continue to represent a short-term risk for the country in the event of extreme climate conditions, according to the credit rating agency Moody’s Ratings.

A recent ruling by Mexico’s Supreme Court to uphold the constitutionality of the 2021 Hydrocarbons Law could further limit the ability of private companies to obtain regulatory permits and heighten risks of government intervention in midstream and downstream operations, industry experts told NGI’s Mexico GPI.