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Updated · Bloomberg · May 7Mexico plans $8.1 billion investment in 12 new gas pipelines
13 articles · Updated · Bloomberg · May 7
- Over four years, state utility CFE will build nine pipelines and network operator Cenagas three, Energy Minister Luz Elena Gonzalez said.
- The plan also includes Cenagas spending on repairs and maintenance to existing gas infrastructure, alongside the new construction programme.
- The investment is the latest step in President Claudia Sheinbaum's push to strengthen Mexico's power generation and broader energy sector.
With world-class solar potential, why is Mexico doubling down on imported fossil fuels for its energy future? Will new gas pipelines solve the energy bottleneck threatening Mexico's massive industrial and nearshoring boom?