The Weekly Brief: Mexico

Renewables & Electricity. The CRE backs the financial rules for power interconnection; businesses and regulators are on board to discuss tariffs; and the Oaxaca-Mexico line will be awarded by the next administration.

 

Natural Gas & Liquid Fuels. The CRE opened up Yucatan and Baja California's fuel markets; Chevron will also use IEnova's terminal; and the land for the new refinery is being cleared.

 

Oil & Gas Upstream. Consorcio Petrolero 5M del Golfo returned part of an upstream block; the new administration will respect oil contracts; and Pemex is behind on its projects.

 

Money & Power. The NAFTA negotiation between the US and Canada continues; Mexico has already covered part of its 2019 oil hedges; and Moody's trusts Mexico.

 

Déjà vu all over again. Last week’s readers were particularly interested in the Maya train (Excelsior – Spanish); the tariffs to compete with CFE (Reforma – Spanish); and the Cenace’s new capacity (El Financiero – Spanish).

 

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