Mexico - 06

Mexico: Transport Auction Stalled: Delays at Pemex Logistics

Last week Horizon contacts reported that the process to design the initial terms for the auction to reserve transport capacity from Pemex Logistics, also known as “Open Season,” has run into a major roadblock. Energy Regulatory Commission (CRE) contacts explained that Pemex Logistics has failed to turn in a report containing key data such as free capacity, operating costs and the age/condition of midstream infrastructure. Pemex Logistics is supposed to provide this information to CRE in order for both institutions to work together to issue the initial terms for the auction.

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