Mexican and American officials met Thursday amid disagreements about an electrical power reform that seeks to limit foreign-built renewable energy plants and grant a majority market share to Mexico’s state-owned power utility.
President Andrés Manuel López Obrador met with U.S. Climate Envoy John Kerry, but the Mexican leader appeared unwilling to budge on the proposal, which is currently stuck in Mexico’s Congress.
“I think it was a friendly, necessary and beneficial meeting,” López Obrador wrote in his social media accounts.
While he didn’t address the differences, López Obrador appeared to offer foreign firms a chance to invest in a scheme to build natural gas liquefaction plants in southern Mexico, to export LNG, presumably to Europe or Asia.
Mexico has to import gas — it doesn’t produce enough to meet its own needs, much less export — so the scheme would involve pumping U.S. natural gas to southern Mexico ports, chilling and liquefying it and loading it aboard ships.
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