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    Mexico to deliver "good news" on energy after visit of US Secretary of Energy


    January 20, 2022 - CE Noticias Financieras

     

      Mexico City, Jan. 20 - Mexican President Andrés Manuel López Obrador said Thursday that he will give good news after the two-day working visit of U.S. Secretary of Energy Jennifer Granholm, to discuss bilateral issues in this area and promote clean energy.

      "Tomorrow (Friday) we are going to give you some good news, very good news, about energy. A very good news to be able to say: Long live Mexico! with force," said the president in the morning press conference at the National Palace.

      The president indicated that he will have the meeting with Granholm this afternoon at the National Palace.

      "She is welcome, well received. There are many issues to discuss and report on our energy policy. I would like to thank her because they have been respectful of the independent policy on energy matters", said the President.

      He will also thank the Government of the United States because "they authorized Mexico to buy the Shell refinery located in Texas, they gave the authorization", he said in reference to the purchase by Petróleos Mexicanos (Pemex) of the Deer Park refinery.

      In a press release, the Mexican embassy in the United States informed on Wednesday of Granholm's visit, during which, in addition to López Obrador, she will meet with energy industry leaders and members of civil society.

      The U.S. Secretary will convey to Mexican politicians and citizens the U.S. Government's commitment to investments in clean energy and to increasing diversity in the international energy sector.

      Granholm also aims to address the reduction of greenhouse gas emissions and access to cheaper, more sustainable energy sources that will benefit both the United States and Mexico and improve U.S. competitiveness.

      In addition, the Secretary is willing to have "an exchange of views" with representatives of Mexican society on possible changes to Mexico's energy laws and regulations.

      The President of Mexico is seeking approval of a constitutional reform that would limit private participation in electricity generation to 46%, eliminate autonomous energy regulators, cancel all self-supply contracts, and prioritize the dispatch of CFE fossil fuel plants over privately owned renewables.

      The reform, which must be approved by two-thirds of lawmakers, has caused enormous controversy among businessmen and analysts.

      Granholm will also participate on Friday at 8:30 local time (14:30 GMT) in a roundtable on Mexican women in the energy sector, where she will talk with Mexican Energy Secretary Rocio Nahle, Undersecretary of Foreign Trade Luz Maria de la Mora, and Mexico City Mayor Claudia Sheinbaum.

      On the same day, the US Secretary will hold a press conference at 12:35 local time (18:35 GMT).

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