Mexico’s First Open Season Auction

Instant Max AI Immediate Frontier

(Pemex, 15.Mar.2017) – Last December 20th, the application period for those interested in participating in the first Open Season auction, was opened. From March 10, they submitted their financial proposals for the capacity reserve for storage and transport by duct. According to the Schedule, the winners of this auction for the states of Baja California and Sonora will be announced. The services to be offered again are: nine storage systems (Rosarito, Ensenada, Mexicali in Baja California, and Hermosillo, Guaymas, Ciudad Obregón, Navojoa, Magdalena and Nogales en Sonora), as well as four duct transport systems (Rosarito to Ensenada, Rosarito to Mexicali, Guaymas to Hermosillo and Guaymas to Ciudad Obregón).

Petróleos Mexicanos and the Energy Regulatory Commission have informed that this Open Season auction will be replaced with a new procedure before the current month is over. This, due to problems encountered with the methodology. Those companies that have already been prequalified will participate in this new process, without the need to hand in any new documentation or securities.

Pemex and the CRE will indicate the steps that are to be followed during the replacement of the proceeding, in order to guarantee máximum transparency and certainty for both the participating companies and the general public.

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