Puerto Vallarta News

Puerto Vallarta News

Gas shortages in southern Mexico to reach critical levels in November

Gas shortages in southern Mexico will reach a critical point in November as Pemex natural gas production continues declining and users lack access to LNG terminals, industrial users in southern Mexico told S&P Global Platts on Thursday.

Pemex is not nominating gas for several industrial users in southern Mexico as a result of decreasing production, Cleantho de Paiva Leite, director for new businesses with Braskem Idesa, told Platts on the sidelines of the Mexican National Petrochemical Forum.

"The situation could lead to a complete stoppage of the industrial activity in southern Mexico," said de Paiva . . .

Read Full Story

Related Posts

mexico Interoceanic Train

Mexico Interoceanic Train costs and the catch nobody warns you about

A first-person ride on Mexico’s Interoceanic Train with real ticket prices, station basics, and what...
Mexico water release

Mexico water release plan heads off new U.S. tariffs

Mexico will release 249 million m³ of Rio Grande water starting Dec. 15 under a...
Baja gray whales

Gray whales make the longest trip of their lives to Baja

Gray whales swim from the Arctic to Baja lagoons each winter. Here’s where to watch...
peso today

Mexico’s peso briefly hit 17.98 as traders pile into carry trade

Mexico’s peso hovered near 18 per dollar, briefly hitting 17.98, as carry-trade flows and rate...