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    CFE and Engie sign agreement for gas pipeline expansion in southeastern Mexico


    November 29, 2022 - CE Noticias Financieras

     

      The Comisión Federal de Electricidad (CFE) signed a collaboration agreement with the French energy company Engie for the expansion of the Mayakan gas pipeline, located in the southeast of the country.

      This agreement seeks to guarantee a reliable, continuous and high quality supply of natural gas to the area, as well as to obtain a competitive tariff that will allow to comply with the commitment of not increasing electricity tariffs during the current administration.

      You may be interested in: Judge suspends Sener's policy that forces the purchase of natural gas from Pemex and CFE

      Manuel Bartlett Díaz, CFE's CEO, stated that this type of agreements strengthen the Commission's strategic position at national and international level, while contributing to the country's economic and social development.

      Currently, the Mayakan gas pipeline can supply six CFE generation plants.

      However, with the entry into operation of the new Merida IV and Valladolid IV generation plants, as well as the expected future demand for natural gas in the region, there is a need to develop additional natural gas transportation infrastructure.

      Finances

      It is expected that once the Puerta al Sureste pipeline is completed, it could be the means by which this fuel is supplied to the Mayakan pipeline and its expansion.

      André Canguçú, ENGIE's Director of Networks for the Americas, said that the company seeks to accompany the country's energy strategy. One way to achieve this, he said, is through the expansion of this pipeline to expand the region's critical infrastructure.

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      "Today we have the opportunity to reiterate our commitment with the Mexican government and with all Mexicans to develop projects that accompany the energy policy to democratize access to competitive and clean energy for all", he explained.

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