Presentation on theme: "The Energy Reform and Opportunities for U.S. Firms December 10, 2014."— Presentation transcript:
The Energy Reform and Opportunities for U.S. Firms December 10, 2014
ENERGY REFORM AND MEXICAN ENERGY AGENCIES SECRETARY OF ENERGY PEMEX NATIONAL CENTER FOR CONTROL OF NATURAL GAS NATIONAL HYDROCARBONS COMMISSION CFE- FEDERAL ELECTRICITY COMMISSION CRE- ENERGY REGULATORY COMMISSION NATIONAL CENTER FOR ENERGY CONTROL NATIONAL INDUSTRIAL AND ENVIRONMENTAL PROTECION AGENCY MEXICAN PETROLEUM FUND FOR STABILIZATION AND DEVELOPMENT
PEMEX NEW STRUCTURE CEO INDUSTRIAL TRANSFORMATION EXPLORATION AND PRODUCTION REFINING GAS AND BASIC PETROCHEMICALS SECONDARY PETROCHEMICALS
THE REFORM ON PEMEX AND CFE Allows for PEMEX to partner with private oil and gas companies (drilling, exploration and production, gas stations, storage of crude oil, gasoline, diesel, etc.); Allows more participation for private companies/investors to generate electricity; Allows for private companies/investors to partner with CFE to build, operate, and maintain new transmission lines.
Ranking 4th 17th International comparison Crude oil production 3.16 MMbd a Crude oil reserves (1P)* 10.025 MMMb Natural gas production 7.03 MMMcfd Natural gas reserves (1P)* 17.22 MMMMcf Refining capacity 1,540 Mbd Sales 80.6 billion dollars a Includes gas liquids * Las Reservas de Hidrocarburos de México 2012, January 1, 2012. * PIW 2010 Rankings, December 2011. Petroleum Intelligence Weekly 9th 33rd 14th 11th 5 PEMEX ranks high in the world
6 90% of Mexico’s energy supply comes from hydrocarbons Oil 34% Hydroelectric 2% Biomass 8% Solar, wind and biofuels1% Coal 23% Nuclear 6% Gas 26% Worldwide energy consumption Energy consumption in Mexico Oil 65% Gas 23% Hydroelectric 6% Biomass 3% Coal, nuclear, solar 3% 60% hydrocarbons Source: Outlook for Energy: A View to 2030 Source: Estrategia Nacional de Energía, SENER 2013 90% hydrocarbons
PEMEX Exploration and Production Projects 22 light oil 4 heavy oil 3 gas 2 gas 7 shallow water 6 deep water 7 onshore Exploration Production Integrated The investments aim to increase oil and gas production and to continue increasing the proven and 3P reserves replacement rates 81 Projects Integrales Production Exploration Facilities 30 2 Exploration 20 Production 29 [ [ 7
Unconventional (shale gas) Basin Cumm. prod. Reserves Prospective resources 1P2P3PConv.Unconv. Southeast 45.422.214.171.124.1 Tampico Misantla 6.51.07.017.72.534.8 Burgos 126.96.36.199.82.915.0 Veracruz 0.70.2 1.60.6 Sabinas 0.10.0 0.49.8 Deep Waters 0.00.10.20.726.6 Yucatan Platform 0.5 Total 55.013.926.244.554.660.2 Billions of barrels of crude oil equivalent Oil and gas basins Exploration projects Production projects 28.4 8 Resources and reserves: starting point for the projects
9 Natural Gas Wells Project Potential Projects on wheels GNC Projects on wheels LNG Potential projects (GNC y LNG)
10 Natural Gas Pipeline Infrastructure 2014 2014 Private pipelines Sufficient (Available capacity greater than 15%) Exceeded (Available capacity lower than 10%) The Northeast and Southeast have available capacity. However. The North, Gulf-Central, West and the Naco Hermosillo regions are saturated. Due to the insufficient capacity of the National Gas Pipeline System (NGPS), a strengthening and development is necessary.
CFE PROJECTS Two Gas Pipe Lines (42 inches ) State of Chihuahua. Estimated Investment: US$945 million; Three Combined Circle Electricity Generation Plants, States of Sonora, Sinaloa, and Nuevo Leon. Estimated Investment: US$3 billion; Three Transmission Lines, States of Chihuahua, Tamaulipas, Zacatecas and Coahuila. Estimated Investment US$71 million; Five packages for the modernization of the electricity distribution lines for the States of Chihuahua, Coahuila, Mexico City, Durango, and the State of Mexico. Estimated Investment: US$512 million, etc.
CS Mexico City Events 2015 MEXICAN ENERGY SEMINAR, January 20, Houston, Texas PECOM 2015, April 14-16,Villahermosa, Tabasco OTC 2015, May 4-7, Houston, Texas LAGCOE, October 27-29, Lafayette, LA
Contacts: Karen Allen, Commercial Officer, Energy Sector Karen.Allen@trade.gov Francisco Ceron, Senior Trade Specialist, Oil, Gas, and Nuclear Energy Francisco.firstname.lastname@example.org Claudia Salgado, Electric Energy Specialist, Claudia.email@example.com Miguel Vazquez, Renewable Energy Specialist, Miguel.firstname.lastname@example.org