Renewables & Electricity. CFE will need 46 million CELs by 2024; Mexico is in the top six for installed geothermal generation capacity; and the power sector needs US$10bn per year until 2040.

Natural Gas Mid-Downstream & LNG. Engie will invest in Yucatán's pipeline.

Liquid Fuels Mid-Downstream. Valero sent more fuel by rails; Pemex's refining averaged 725,000 barrels per day in 2019; and private companies import more gasoline.

Oil & Gas Upstream. Bancomext will finance the Mayacaste development; and the private sector is responsible for 6% of natural gas production.

Government & NGO. The USMCA promises investments if there is legal certainty; Moody's cut Mexico's growth outlook to 1%; and the Finance Ministry still expects 2% growth.

 

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