2023 US Mexico Agenda

García Alcocer will present an overview of the recent history of natural gas in Mexico, focusing on the evolution from a partially open market prior to 2017 to a fully integrated one with the United States. As the presentation nears its conclusion, we will delve into a discussion about the significance of natural gas within the context of nearshoring.

Nearshoring in Mexico has turned out to be an attractive alternative to solve the disruption in global supply chains. With around $42 billion in foreign direct investment, expectations indicate that northern Mexico will become an industrial hub that will require creative solutions to navigate through a complex regulatory framework to meet energy demands. Despite the economic boom this will represent, government policies have shown a different dynamic, generating challenges that companies will have to overcome. This talk will focus on the current circumstances of the natural gas market for investment and development projects from a legal and regulatory point of view.

Guillermo will talk to us about the demand for natural gas coming from Mexico. This will include re exporting natural gas as LnG, industrial and power demand. How do these plans pare with the demand for export projects from Texas and Louisiana?

MEXICO LNG SUPERPOWER: With two projects under construction and at least eight more proposed, Mexico could become the world’s fourth largest LNG exporter by the end of the decade. Once a major LNG importer, Mexico is now poised to send out its first export cargo by the end of the year. This panel will explore various aspects affecting successful completion of these projects. Sources of feedgas for the terminals, including domestic Mexico supply, as well as imports from the United States. Regulatory/policy impacts including steps project developers need to take to earn support from CFE and the AMLO administration. Also, changes anticipated with a new administration. Concerns from domestic gas consumers over LNG exports competing for supply. How much incremental midstream infrastructure will be required to support LNG exports, who will build it, and is there political support to get it done.

Please join our hosts, the Corporate Sponsors, at a cocktail reception in your honor. Don’t make your dinner plans too early as hors d’oeuvres and an open bar will be the highlight of this extremely well attended session!