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AWARDS: BEST OIL & GAS FINANCING

AWARDS: BEST OIL & GAS FINANCING

September 20, 2017
Increasing the use and competitiveness of gas-generated power is key to Mexico’s lauded energy reforms. With the expansion of the midstream network crucial to the plan, Mexico has auctioned 22 natural gas pipeline contracts formerly owned by state energy company Pemex in recent years, attracting a projected $12.2 billion in investment.

Corporate & Sovereign Strategy Mexico

FERMACA Increasing the use and competitiveness of gas-generated power is key to Mexico’s lauded energy reforms. With the expansion of the midstream network crucial to the plan, Mexico has auctioned 22 natural gas pipeline contracts formerly owned by state energy company Pemex in recent years, attracting a projected $12.2 billion in investment. As the owner of existing pipeline infrastructure linking Durango all the way to Texas, Fermaca generated buoyant interest from financiers after it won two of the most important pipelines being mapped out. The new pipelines will supply natural gas to power plants in four states owned by government utility Comisión Federal de Electricidad (CFE). The 4

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