Renewables & Electricity. Petacalco delayed buying coal because gas is cheap; and the CRE published the Mexican Official Norm Project.

Natural Gas Mid-Downstream & LNG. The Sur de Texas increase in exports may signal the Cempoala compressor reversal; Sempra will make FIDs for its US-Mexico LNG export plants; and Puebla launched an energy plan boosting natural gas infrastructure.

Liquid Fuels Mid-Downstream. Gasoline retail is growing in Querétaro and elsewhere; Mexico may look for gas in Asia; and India may be an example for Dos Bocas.

Oil & Gas Upstream. Amexhi said 24 companies will produce hydrocarbons in 2020; Shell is making progress on its Mexican wells; and Mexico should focus on its reserves.

Government & NGO. The OECD cut Mexico's growth outlook to 0.7%; CFE increased its profits by 16% in 2019; and Moody's said Pemex made "good progress.”

 

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