• 2 minutes Oil Price Could Fall To $30 If Global Deal Not Extended
  • 5 minutes The Inconvenient Truth Of Electric Cars
  • 8 minutes Iran downs US drone. No military response . . Just Destroy their economy. Can Senator Kerry be tried for aiding enemy ?
  • 30 mins Here we go folks, the wish of so many: Pres. Trump threatens to lessen US security role in Strait of Hormuz, unveils sanctions
  • 14 hours Wonders of Shale - Gas, bringing investments and jobs to the US
  • 12 hours Magic of Shale: EXPORTS!! Crude Exporters Navigate Gulf Coast Terminal Constraints
  • 10 hours The Strait of Hormuz is the world’s most important oil transit chokepoint
  • 3 hours The Plastics Problem
  • 5 hours Looks like Trump is putting together a "Real" Coalition to protect Persian shipping lanes. Makes perfect sense. NO Fake "Coalition's of the Willing" UPDATE REUTERS Pompeo "Sentinel Program"
  • 11 hours Climate change & Wildfires: More Wildfires To The Western U.S., Will Affect Tens Of Millions Of People
  • 9 hours Here We Go: New York Lawmakers Pass Aggressive Law To Fight Climate Change
  • 5 hours Hard To Believe: UAE Will Work To Defuse Middle East Tension
  • 18 hours Cherry Picking Climate Data
  • 16 hours Coal Boom in Asia is Real and a Long Trend
  • 15 hours Is $60/Bbl WTI still considered a break even for Shale Oil
  • 3 hours Oil Demand Needs to Halve: Equinor
Oil & Gas 360

Oil & Gas 360

From our headquarters in Denver, Colorado, Oil & Gas 360® writes in-depth daily coverage of the North American and global oil and gas industry for…

More Info

Premium Content

Mexico Auctions First Gas Pipeline Capacity

Mexico’s National Center for Natural Gas Control (CENAGAS) conducted its first open season for capacity rights to its natural gas pipeline grid. The auction took place in May 2017. In “Round 0”, which took place in October 2016, CENAGAS allocated approximately 4.1 Bcf per day of capacity to PEMEX, Mexico’s Federal Electricity Commission, and a number of independent power producers.

Source: EIA

The recent “Round 1”—technically the second round—allocated the grid’s remaining 2.2 Bcf per day to PEMEX, ENGIE Mexico, ArcelorMittal, Shell Trading Mexico, Grupo Alpha, and some other smaller companies.

The recent allocations come as part of an ongoing energy reform policy in Mexico. The energy reform has been ongoing since 2014. Prior to 2014, Mexico’s national petroleum company PEMEX had a monopoly on the country’s pipeline infrastructure.

The first round of allocations—Round 0—was not open to international companies. Within the second round, international companies requested 3.6 Bcf per day in capacity rights—1.4 Bcf per day higher than the remaining capacity available. Of the remaining 2.2 Bcf per day not restricted to Mexican companies, PEMEX was awarded 1.3 Bcf per day.

Much of the interest in the pipeline second round of allocations was focused in the Gulf-regions, where pipelines cross the U.S.-Mexico border. Companies that won bids to operate pipelines began taking over from the previous operators on July 1, with a one-year operation contract.

(Click to enlarge)

Source: EIA

CENAGAS held an auction for capacity on five cross-border pipelines that were reserved for the Federal Electricity Commission on July 10, but no companies submitted bids. CENAGAS will hold another auction for the same five pipelines on August 10.

By Oil and Gas 360

More Top Reads From Oilprice.com:




Download The Free Oilprice App Today

Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News