The Weekly Brief: Mexico

Renewables & Electricity. Mexico could end 2019 with 700MW of new distributed solar; CELs are still on; and AMLO will ask about a thermoelectric plant.

 

Natural Gas & Liquid Fuels. AMLO and Carso, IEnova, and TransCanada fought over pipelines; the Sener plans 68 new storage terminals; and the CFE is considering transferring natural gas pipelines to Cenagas.

 

Oil & Gas Upstream. The CNH canceled Rounds 3.2 and 3.3; Ku Maloob is underused; and Maersk Drilling will get busy in Mexico.

 

Money & Power. Banxico maintained interest rates; a US vs. Mexico tomato fight; and inflation surprised in January.

 

Déjà vu all over again. Last week’s readers were particularly interested in the cancellation of the fourth power auction (Renewables Now – English); the situation of signed contracts (El Economista – Spanish); and private companies’ insistence on energy auctions (El Economista – Spanish).

 

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