Mexico 2013 Blog: Panel - The North American Energy Landscape
During the final panel of AS/COA's 2013 Mexico City conference, participants discussed challenges in Mexico's energy sector, and how energy reforms should drive economic growth and competitiveness in Mexico.
During the final panel of AS/COA's 2013 Mexico City conference, panelists discussed challenges in Mexico's energy sector, and how energy reforms should drive economic growth and competitiveness in Mexico.
Juan Pablo del Valle, chairman of Mexichem, noted that priority should be given to economic value with a view toward environmental sustainability. Competitiveness should be the base of the energy sector, he said.
We must get rid of the taboos that have not allowed Mexico to do the homework in the field of energy. @juanpdelvalle #mex2013
— AS/COA Online (@ascoa) April 16, 2013
Enrique Hidalgo, president of ExxonMobil Ventures, explained that while energy reforms may come from within Mexico, it is important to remember that it is a global sector. Worldwide demand requires developing multiple types of energy, which Mexico should be doing, he said. However, challenges such as a shortage of engineers and poverty in areas of exploration should be addressed, he noted.
Generating Investment in zones closest to biggest oil fields, that are in state of poverty, should be priority. Hidalgo, ExxonMobil #mex2013
— AS/COA Online (@ascoa) April 16, 2013
Mexico Tania Ortiz, vice president of Sempra Energy, echoed Hidalgo, saying energy reform and investments should also focus on areas such as electricity and wind energy. She also pointed out that in North America, the gas supply must be expanded.
El abasto de gas es insuficiente, y no hay estructura para aprovechar coyuntura de precios en Norteamérica. Tania Ortiz, Sempra. #Mex2013
— AS/COA Online (@ascoa) April 16, 2013
Watch a video of the panel:
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