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
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
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
CFE issued the first Energy and Infrastructure Investment Trust (also known as Fibra E) specialized in the electric sector in Mexico. CFE raised MXP 16.4 billion through instruments placed in the Mexican Stock Exchange with a demand exceeding MXP 25 billion.
This transaction included the participation of institutional investors, private banks and investment funds in Mexico, the United States, Canada, Australia and Europe.
Source: CFE
• The prospective resources associated with the awarded contracts are 2,798 million barrels of crude oil equivalent.
Fuente: SENER
Includes 37 conventional onshore areas , 21 of them located in the Burgos Basin, 9 in the Tampico-Misantla and Veracruz Basins, and 7 in the Southeastern Basins. All the areas to be tendered cover a surface of 9,513 square kilometers, that represent 1.5 times the surfaced involved in previous onshore tenders.
The ruling date is scheduled for July 25th, 2018.
Source: Mexican National Hydrocarbons Commission (CNH)
Decrees of Declaration of the Special Economic Zones of Salina Cruz, Oaxaca, and Progreso, Yucatan.
Including these decrees, there are five SEZ with committed investments, to date of more than USD 6.1 billion.
President Enrique Peña Nieto signed today the Decrees of Declaration of the Special Economic Zones (SEZ) of Salina Cruz, Oaxaca, and Progreso, Yucatan, that form part of the compromises established by the Government, and said that at least 97 percent of these commitments will be fulfilled at the end of his administration.
Source: Presidency
The tender for the Interconnection Project of the Power Grid of Baja California with the National Power Grid under the new contracting model for electric transmission lines was announced.
The Ministry of Energy will carry out the tender for the financing, installation, maintenance, management and operation of the Interconnection of the Power Grid of Baja California with the National Power Grid. This is the first power transmission project to be developed under a Management Contract, according to the Electric Industry Law, which allows the participation of the private sector in the transmission of electricity.
SOURCE: SENER
On November 22nd, , the ruling of the Third Long Term Electric Auction, carried out by the National Center for Energy Control and the Ministry of Energy, was announced and the assignees of the long term electricity coverage contracts was disclosed.
This contracts represent an approximate investment of USD 2.4 billion, and the construction of 15 new clean energy plants, located in eight states of the country that wil represent a total generation capacity of 2,730 MW.
The offered price for this auction of USD 20.57 per megawatt/hour is one of the lowest prices achieved internationally and Sonora, Nuevo León, Aguascalientes and Coahuila will be some of the beneficiary states.
Among the projects to be developed are included:
Source: SENER
