The Weekly Brief: Mexico

Renewables & Electricity. Natural gas combined cycle technology is in demand; Acciona finished the Empalme II plant’s transmission line; and Enel will expand its capacity by 10%.

 

Natural Gas & Liquid Fuels. New refineries could be a good business; Pemex could start swapping for lighter crude in the second semester; and airlines want to cut costs by freeing the jet fuel market.

 

Oil & Gas Upstream. Round 2.4 contracts were signed; Pemex drilled only 6 wells out of 128; and Mexico’s oil production dropped again.

 

Money & Power. NAFTA talks continue with rules of origin as the main debate; low inflation is expected; and Mexico’s presidential candidates have different approaches to the energy sector.

 

Déjà vu all over again. Last week’s readers were particularly interested in Pemex’s production (Platts – English); AMLO’s respect for the NAFTA deal (WSJ – English); and the attack on Pemex’s employees (El Universal – Spanish).

 

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