CFE, ENGIE Sign Agreement to Expand Mayakan Gas Pipeline

CFE and Energía Mayakan, a subsidiary of the ENGIE group, signed an agreement for the expansion of the Mayakan gas pipeline. This initiative aims to ensure the transportation of natural gas required by the Yucatan Peninsula for energy generation. The investment for this expansion will be US$2 billion, as reported by Ana Ludlow, Vice President of Government Affairs and Sustainability, ENGIE.

The agreement, led by Manuel Bartlett Díaz, General Director, CFE, and Felisa Ros, Country Manager, ENGIE, represents a significant milestone for the south-southeast region of Mexico. It is poised to drive economic development, attract investments, and potentially reduce electricity generation costs, which could positively impact the electricity bills of millions of users across Chiapas, Campeche, Tabasco, and Yucatan, shares the company.

The expansion of the Mayakan gas pipeline will effectively double its transportation capacity, from 250 to 567MMcf/d, through the construction of over 700km of pipeline. This expansion will also facilitate interconnection with the Puerta del Sureste project, enhancing the region's access to natural gas transported from Texas, United States.

Additionally, CFE is constructing two new combined cycle power plants on the peninsula: Mérida IV and Rivera Maya, with capacities of 499MW and 1,020MW, respectively. These plants are crucial for meeting the energy demands of the region and supporting its industrial development. Additionally, they will contribute to reducing carbon emissions by avoiding the release of 4.6Mt of CO₂ into the atmosphere.

Felisa Ros emphasized that the agreement reflects a commitment to transport natural gas reliably and efficiently to the region while maintaining competitive rates, aligning with President Andrés Manuel López Obrador's objective of preventing electricity rate increases in the area.