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Private sector eyes USD 100 billion in energy projects

01/29/2020
Private sector eyes USD 100 billion in energy projects

Photo: Agencia Reforma (Víctor Zubieta)

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• PROPOSAL: Mexico’s largest business lobby (CCE) says it has presented the López Obrador Administration with a list of 137 energy projects -worth USD 100 billion- considered to be key for the growth of the industry and that it hopes it is reviewed by the end of February.

• ASSESSMENT: “These are under assessment by the (López Obrador) authorities at this time to see which of them we can already announce as viable so that they can start being executed in 2020”, said Carlos Salazar Lomelí, head of CCE, during an energy forum in Mexico City.

• CONCERN: Known as a nationalist, who in 2014 saw with mistrust Mexico’s reform to open the energy sector to private investment, President Andrés Manuel López Obrador said he would not change rules. However, the private sector has already reacted with concern at numerous measures.

• REVIEW: Known to be part of the pro-business wing in government, chief of staff to the president, Alfonso Romo said that the review of the different private sector projects on energy -including new gas pipelines and even clean energy generating plants- will go ahead in February.

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  • Home
  • Opinion
    • Amy Glover
    • Andrés Martínez
    • Carlos Elizondo
    • Cecilia Farfán
    • David Shields
    • Gerónimo Gutiérrez
    • Guest Column
    • Jorge Suárez Velez
    • Joy Olson
    • Luis Rubio
    • Mia Armstrong
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    • Vanda Felbab-Brown
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© 2019 Mexico Today.