Tamaulipas will have one of the largest wind farms in Latin America

With an investment of 600 million dollars through the Commercial and the National Development Banks, it will have more than 120 wind turbines that will add a generation potential of 420 megawatts.

Result of the second Long Term Electric Auction, the Mexican company Zuma Energía carries out the construction of the Reynosa Wind Farm, which will be the largest complex in our country and one of the largest in Latin America.

Source: Sener
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Contract for exploration and extraction of hydrocarbons in the Ebony area signed

The National Hydrocarbons Commission (CNH) signed with Pemex Exploración y Producción (PEP) and with the companies D & S Petroleum and DS Servicios Petroleros the contract for the exploration and extraction of hydrocarbons, under the modality of “Shared Production” in the Tampico Misantla Basin, located in the northeast of Mexico, in the states of Veracruz, Tamaulipas and San Luis Potosí with an approximate area of 1,569,123 km2.

Source: CNH

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Extension of three hydrocarbon tenders

At the request of the Secretarit of Energy, the National Hydrocarbons Commission, through the mechanisms provided in the Bidding Terms, extended the deadline for submitting and opening proposals for three bids in order to promote the participation of a greater number of bidders.

Source: CNH
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Public and private investment of 1.75 billion pesos to attend the growing demand of natural gas in the Yucatan Peninsula

  • To deliver natural gas to the peninsula, this year will start the investment in works of 750 million pesos from CENAGAS, plus one billion pesos from the French firm ENGIE.
  • CENAGAS announced in the Official Gazette of the Federation the public tender process.

Source: CENACE
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Concludes the process of public consultation of the Trunk Network Project

  • TELECOMM continues with the following stages to carry out the project that will increase the active fiber optic coverage in the country.
  • The next step will be the publication of the international tender for the realization of a PPP contract

Source: SCT

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CNH signs agreements with bidders that were awarded contracts of the Fourth Tender, Round Two

The execution of these 19 agreements marks the conclusion of Round Two, where 50 out of 68 tendered contractual areas were awarded.
In case of successful exploratory activities, the estimated total investment could reach USD 92.8 billion.
The agreements will be valid for 35 years with two possible extensions of up to ten and up to five years, respectively. The 19 Contractual Areas have a total area of 44,178 km2 and prospective resources of 2,798 million barrels of oil equivalent.
Source: CENACE
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PUBLIC TENDER FOR THE FOURTH LONG-TERM ELECTRICAL AUCTION

The CRE will work with the National Center for Energy Control in the development of the Fourth Long Term Electric Auction in order to help the Basic Services Provider and the Load Responsible Entities anticipate their needs for Energy, Power and Energy Certificates Clean, through competitive processes.

Source: CENACE

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Announces the list of companies interested in prequalifying to participate in the First Tender of Round Three

  • The National Hydrocarbons Commission approved the Final version of the Bidding Guidelines of this tender.
  • There are 20 companies interested in prequalifying as Operators and 10 as Non-Operators
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The Mexican Government presents the tender of Round 3.3 of unconventional resources

53 percent of the oil wealth that still remains in the subsoil is located in unconventional deposits. As a consequence, 84 percent of the consumption of natural gas in the country is covered by the import of the molecule.
Only the Burgos basin has 55 percent more prospective resources than Eagle Ford, in Texas, equivalent to 40 years of our annual natural gas imports.

Source: SENER

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CONSAR publishes its 6th working paper “Pension Funds Investments in Infrastructure”

The document discusses the importance of infrastructure investments for economic growth and the role of pension funds in Mexico and throughout the world to finance its development.

This paper makes reference to successful experiences of countries like Canada and Australia, whose pension funds represent important investors in infrastructure, and describes the path followed by Mexico. Today, pension fund managers have a modest, but increasing, exposure to infrastructure, so there are significant opportunities for the growth in this asset class.

Source: Consar

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