2023 US Mexico Agenda

Mexico, once again, will engage a major election in 2024. There is a presidential race, as well as a renewal of both chambers of congress, and nine governorships in addition to thousands of local races. This election is a test over whether Mexico continues to withdraw into a more authoritarian, centralist, populist, and nationalist position or whether it manages to reverse some of these negative trends, reaffirming its democratic vocation and reengaging export-led growth, perhaps with a more robust welfare state. There are two clear visions for the country, one represented by Mr. López Obradror's handpicked potential successor, Claudia Sheinbaum, and the other represented by the PAN-PRI-PRD coalition in the candidacy of Senator Xóchitl Gálvez Ruiz, although the outcome by ultimately be a continued division right down the middle. Any of these three scenarios are key for investors in every sector, from manufacturing to energy, to understand their strategies for their future in Mexico. This talk is designed to present all three scenarios—what they would look like and what businesses should prepare for.

•The current state of Mexico’s natural gas market and how shifts in global and Mexico natural gas market fundamentals impact purchases of U.S. gas.
•Trends in Mexico natural gas market development (tenders, open seasons, storage) and ongoing infrastructure projects including U.S.-sourced LNG export projects, natural gas pipelines and combined cycle plants.
•Where the market is headed in the next five years, including forward prices at points key to Mexico.
•What to expect with the upcoming elections, the promise and challenges of nearshoring, and how this might impact Mexico and natural gas.

This panel will examine various paths to achieving energy decarbonization by leveraging alternative energy sources derived from natural gas, including Certified Gas; Differentiated Gas; Responsibility Sourced Gas (RSG); Carbon Capture & Sequestration (CCS); Hydrogen (H2). The panel will also review methods to capture and contain carbon including Carbon Capture & Sequestration (CCS). Connective infrastructure to transport these alternative energy sources, including new facilities and repurposing existing assets, will also be examined. Relative representative economics of the various alternatives will also be explored.