Mexico’s LNG Industry Must Develop Responsibly
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Mexico’s LNG Industry Must Develop Responsibly

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Perla Velasco By Perla Velasco | Journalist & Industry Analyst - Thu, 03/23/2023 - 09:15

Mexico’s energy potential extends to the LNG industry. As demand for LNG is expected to grow over the next few years, players have set their goals on expanding infrastructure in Mexico. However, to comply with the world’s energy transition goals, this sector must also upgrade its emission mitigation measures to counter the environmental impact.

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John Kerry Returns to Mexico

John Kerry met with President López Obrador to promote dialogue between the US and Mexico on climate collaboration and actions around clean energy. After these meetings, Obrador said the lack of financial support granted by the federal government to clean energy projects is compensated by the opportunity that natural resources offer, in addition to the skilled labor the country has to offer.

LNG Projects Achievable With the Right Infrastructure: TC Energy

TC Energy is partnering with state utility CFE in an effort to modernize the country's energy systems and support the industry. The growing number of projects supported by Mexican partners will create a "backbone of infrastructure" that could enhance US natural gas pipeline exports to Mexico, as more proposed LNG projects pile up on the Pacific and eastern coasts.

LNG Industry Must Reinforce Emission Mitigation Measures

Experts highlight natural gas as the go-to transition fuel. However, the impact along the value chain of liquified natural gas (LNG) is yet to be evaluated and improved. Mexico is set to become an important LNG re-exporting hub. Nevertheless, if the LNG industry is to grow stronger in Mexico, it is important to double efforts to reduce the environmental impact of these operations.

CRE’s Permit Restriction Will Paralyze the Energy Sector: AMPES

The Mexican Association of Service Station Suppliers (AMPES) stated CRE’s recently imposed restriction on hydrocarbons and electricity permits will paralyze the energy sector’s growth. AMPES emphasized that limiting permits in such a way would paralyze the growth of the sector.

Engie to Develop Renewable Gas Project in Mexico

Engie is developing a biomethane project in Mexico, aiming to connect it to the country’s natural gas pipeline network. The project will involve capturing biogas emissions from a landfill site in the city of Durango and processing it into renewable natural gas (RNG). This RNG will then be injected into Mexico's natural gas grid, which will help to reduce greenhouse gas (GHG) emissions and provide a source of non-intermittent renewable energy.

Mexico Will Accomplish Oil Sovereignty by 2024: AMLO

During the 85th anniversary of the oil expropriation, celebrated on March 18, 2023, President López Obrador underscored that energy sovereignty is a priority for his government. “Next year we will not buy gasoline, diesel or any other oil abroad. This government will continue to guarantee oil sovereignty,” he pointed out. 

Mexico Announces Tender for Six Geothermal Wells

The Mexican government has announced a new exploratory project under CFE through a tender called “Acquisition of Geothermal Well Drilling Services.” The project considers six geothermal wells in four areas with geothermal potential. If the project is successful, IDB will finance CFE in the construction of a possible geothermal plant through a line of credit. 

Solarever Opens Second Production Line in Colima

Solarever inaugurated its second production line with a 600MW capacity in Tecomán, Colima, after investing US$35 million in specialized and automated machinery to manufacture 100% Mexican photovoltaic (PV) modules. Colima has been at the forefront of promoting clean and renewable energy in Mexico. The state is also home to the largest and most important solar panel production factory in Latin America. 

Énestas Joins SEA-LNG in Coalition

Énestas joined SEA-LNG, a coalition that aims to demonstrate the commercial and environmental benefits of LNG as a marine fuel. Énestas will provide insights into Mexican and US LNG infrastructure and bunkering, while the coalition will support Énestas in the expansion of gas infrastructure. The addition of Énestas supports the coalition's drive to continue building global infrastructure and improve the availability of LNG bunkering.

Photo by:   oneinchpunchphotos

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