{"id":4768,"date":"2021-11-18T10:02:35","date_gmt":"2021-11-18T16:02:35","guid":{"rendered":"http:\/\/accesstomexico.mx\/blog\/?p=4768"},"modified":"2021-11-19T10:15:07","modified_gmt":"2021-11-19T16:15:07","slug":"mexicos-first-major-gas-storage-project-appears-to-be-feasible","status":"publish","type":"post","link":"https:\/\/accesstomexico.mx\/blog\/mexicos-first-major-gas-storage-project-appears-to-be-feasible\/","title":{"rendered":"Mexico\u2019s First Major Gas Storage Project Appears to Be Feasible."},"content":{"rendered":"\n
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MEXICO BUSINESS NEWS<\/strong><\/a><\/p>\n\n\n\n

Mexico\u2019s government is progressing steadily in its talks with a developer to build a natural gas storage project in a Veracruz salt cavern, revealed Co-Partner of consultancy Cadex, Eduardo Prud\u2019homme in a talk during the US-Mexico LDC Forum. If the project develops, it will be considered Mexico\u2019s first genuine natural gas storage effort, which could begin solving the dangerous missing link in Mexico\u2019s energy self-sufficiency.<\/p>\n\n\n\n

Prud\u2019Homme called the development of a 6bcf\/d salt dome storage facility \u201cprobable\u201d. If greenlighted, the project could be ready as early as 2023, requiring between US$318 and US$481 million in investment. With the added capacity, pipeline system operator CENAGAS would be able to access as much as an extra day\u2019s worth of natural gas imports from the US, just below the amount needed to ensure an optimal volume of gas flowing through the pipelines.<\/p>\n\n\n\n

According to SENER, the project\u2019s aim is to supply the central and southern regions of Mexico.<\/p>\n\n\n\n

Long time ago, gas storage had been identified as a pain point in Mexico\u2019s energy storage capacity. The country\u2019s national gas production dropped off in recent decades in favor of cheap and convenient imports from the US. Nevertheless, reliance on outside energy sources has clear drawbacks, especially as gas-fueled power plants grow increasingly dominant in Mexico\u2019s energy matrix. The issue was never clearer than in February of this year, when extreme weather conditions in Texas led to a series of events causing to a temporary stop in US natural gas exports. \u201cThe construction of gas storage infrastructure has become a national security issue, especially after February\u2019s events and taking new combined cycle power plant tenders into account. The government, with its focus on energy security, supports this in its planning by aiming to develop natural gas storage and optimize the utilization of the regasification plants like TLA in Altamira,\u201d said Alberto Escofet, Country Manager Mexico, Enag\u00e1s to MBN in a 2021 interview.<\/p>\n\n\n\n

Mexico\u2019s government knows energy storage is a crucial piece of the puzzle in its mission to become self-sufficient in energy matters. Nevertheless, developing such projects has proven to be difficult.<\/p>\n\n\n\n

Physical storage is not the only way Mexico can tackle storage capacity. Storing gas at regasification plants, compression stations and liquefaction facilities can also prove beneficial. \u201cOwing to the availability of storage infrastructure in Manzanillo and Altamira, CFE was able to guarantee the stability and security of supply to the SISTRANGAS network, as well as for CFE\u2019s power production. The event highlighted the importance of LNG infrastructure and the flexibility that it can add to the energy mix,\u201d added Escofet.<\/p>\n\n\n\n

Cas Biekmann. (2021). Mexico\u2019s First Major Gas Storage Project Appears to Be Feasible. M\u00e9xico. Mexico Business News<\/em>. Recuperado de <\/strong><\/p>\n\n\n\n

https:\/\/mexicobusiness.news\/energy\/news\/mexicos-first-major-gas-storage-project-appears-be-feasible?tag=energy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MEXICO BUSINESS NEWS Mexico\u2019s government is progressing steadily in its talks with a developer to build a natural gas storage project in a Veracruz salt cavern, revealed Co-Partner of consultancy Cadex, Eduardo Prud\u2019homme in a talk during the US-Mexico LDC […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4768","post","type-post","status-publish","format-standard","hentry","category-uncategorized","clearfix"],"_links":{"self":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/4768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/comments?post=4768"}],"version-history":[{"count":1,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/4768\/revisions"}],"predecessor-version":[{"id":4770,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/4768\/revisions\/4770"}],"wp:attachment":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/media?parent=4768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/categories?post=4768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/tags?post=4768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}