![]() ![]() Mexico's Gulf and North zones share borders with the United States. Companies expressed high interest in cross-border interconnections with flows from southern Texas to Mexico on both private and CENAGAS-operated transmission pipelines. Total demand in the five regional zones in the Mexican pipeline system where capacity was made available in the Round 1 auction exceeded available capacity. Many of the companies that were awarded capacity rights are in the natural gas retailing and marketing business, although the list also includes industrial customers such as steel and cement companies. The remaining 15% went to 19 other companies. The next-largest shares of the Round 1 auction went to ENGIE Mexico and ArcelorMittal, each getting 7% of the Round 1 allocation, and to Shell Trading Mexico and Grupo Alpha, which acquired 6% and 5%, respectively. An additional 1.3 Bcf/d, more than half of the remaining available capacity in Round 1, was awarded to PEMEX. Data available on the CENAGAS website show that 24 local and international companies requested capacity rights totaling 3.6 Bcf/d in Round 1, much more than the 2.2 Bcf/d available. During Round 0, 4.1 Bcf/d of the total 6.3 Bcf/d capacity was allocated, with 1.1 Bcf/d reserved for Mexico’s Federal Electricity Commission, 1.4 Bcf/d reserved for PEMEX, and 1.6 Bcf/d reserved for Mexico’s independent power producers.Ībout 2.2 Bcf/d of capacity remained for the second phase (Round 1) auction, conducted in May 2017, which was open to both domestic and foreign companies. The first phase (Round 0) was for reallocating Mexican resources it was not open to foreign companies. To transition to the new market structure, two open seasons were scheduled to auction pipeline capacity rights. Mexico’s energy reforms have provided a process to transition Mexico’s energy sector to competitive markets that are open to both foreign and domestic companies. Before 2014, PEMEX was the monopoly owner of Mexico’s pipeline assets. CENAGAS manages Mexico’s Integrated National Natural Gas Transportation and Storage System, also known as SISTRANGAS, which currently has 6,256 miles of pipeline and a total transportation capacity of 6.3 billion cubic feet per day (Bcf/d).ĬENAGAS was created in 2014 as the public entity entrusted with assigning capacity rights for pipelines that were previously owned, operated, and largely used by Mexico’s national energy company, Petróleos Mexico (PEMEX). Energy Information Administration based on CENAGAS dataĪs part of a series of ongoing energy reforms, Mexico’s National Center for Natural Gas Control (CENAGAS) recently conducted the first open season to auction capacity rights on the country’s natural gas pipeline grid. Give us a call at 86 today and let us answer all your questions and get you setup to start using us. If you find saving money on fees, getting treated with the respect you deserve, enjoying free food, and having a chance to get a deal to be things that you want, THEN OUR AUCTION IS FOR YOU. We take time to think about what the dealer needs, and then provide it down to every little detail to include making sure they have a warm meal in them while standing out in a lane to make money. We treat all dealers with the same courteous service, respect, and pride that we feel needs to become a standard in our industry. It does not matter how large or small your dealership is. This attracts more buyers, and more buyers in turn mean even more sellers, so on and so forth. The more units there are, the more possibility there is for deals to happen. We have found that sensible car dealers appreciate our efforts to save them money and reward us by bringing more units. ![]() If you bring your cars down to our auction and they don't sell, you don't owe us a dime. Unlike most auctions, we have the ability to NOT charge you to attempt to sell your cars. We feel so confident that we can match buyers and sellers that we have decided to remove the risk of running your cars. We want your business and are not afraid to make it risk free. We are a company dedicated to providing the dealer with what they need, when they need it, and at a price that makes it worth having. We do not attempt to strangle people with nonsense fees, nor have we lost sight of the term "Customer Service". At Value Auto Auction, Dealers can afford to do business. ![]()
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