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Opening of the LNG market in Mexico.

Author(s) : GRUNSTEIN M., MARYAN S. Jr, BUENDIA E.

Summary

In recent years, Mexico has gone from being an exporter of natural gas to being a net importer. Part of the reason for this increasing demand for natural gas is its use to generate electricity. Comisión Federal de Electricidad (CFE), the national electric utility of Mexico, is the first company in Mexico to contract for both indirect and direct import of LNG into Mexico. The LNG will be used both to convert existing power plants and to fuel new electric generating capacity. In relation to the Mexican natural gas and electric industries, this paper examines economic growth and development of Mexico. Based on such economic growth, the preparation by CFE of the ten-year Program of Investment Works of the Electric Sector. It also analyzes the place of LNG in the electricity market of Mexico LNG, some contracting issues unique to the Laws of Mexico, as well as it includes a brief description of current CFE LNG import Projects (2005-2006) Altamira (Shell), Baja (Sempra), Manzanillo (in process) and others.

Details

  • Original title: Opening of the LNG market in Mexico.
  • Record ID : 2008-1138
  • Languages: English
  • Subject: Figures, economy
  • Source: LNG 15. Proceedings of the 15th International Conference and Exhibition of Liquefied Natural Gas.
  • Publication date: 2007/04/24

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