Mexico Announces 140 Billion Peso Investment Plan for Natural Gas Infrastructure

The Mexican government has unveiled a 140 billion peso national plan to expand and modernize its natural gas pipeline network by 2030, aiming to bolster energy sovereignty and support industrial growth.

Key points

• The Federal Electricity Commission (CFE) will invest 53 billion pesos to build nine new pipelines to supply 13 combined-cycle power plants.
• The National Center for Natural Gas Control (CENAGAS) will allocate 87 billion pesos for three new pipelines and the rehabilitation of over 21,000 kilometers of existing network.
• Key projects include the Coatzacoalcos II pipeline in Veracruz and the Naco-Hermosillo line in Sonora.
• The initiative is designed to provide reliable energy to the government's new 'Polos del Bienestar' development hubs.

Why it matters

This infrastructure expansion is a cornerstone of the administration's energy strategy to reduce dependence on foreign fuel and provide the necessary capacity for Mexico's industrial development.