Investment Focus on Northern Region, Particularly Monterrey and Saltillo
Naturgy Mexico plans to invest approximately $130 million over the next five years to strengthen its natural gas network. According to Francisco Ripoll, Operations Director of Naturgy Mexico, nearly 40% of this investment will be allocated to the northern region, primarily in Monterrey and Saltillo.
Monterrey’s Preparation for Growing Demand
Monterrey, Nuevo León, has been preparing for years with infrastructure to meet the region’s growth, which is projected to continue in the medium term. Ripoll explained that Monterrey currently has seven gas entry points, up from five a few years ago. The company is now duplicating one of these entry points to address the medium-term demand.
- Current gas entry points: 7
- Increase in gas entry capacity over the past five years: 30-40%
- Future investment allocation: 40% in the northern region, primarily Monterrey and Saltillo
- Infrastructure investment in Monterey: 40%
Naturgy’s Broader Energy Strategy
Naturgy is not just a gas company; it operates 50% gas and 50% electricity. The company evaluates the energy transition in each country, aiming for sustainability without compromising security and accessibility.
Mexico’s Natural Gas and Electricity Sector Commitment
Naturgy Mexico is committed to reinforcing both the natural gas and electricity systems. The company sees significant potential for natural gas, which complements the entry of renewables into the system. They aim to build a robust network across the country using advanced technology and the best fuel for efficiency.
Economic Regional Development through Natural Gas
Ripoll emphasized that a company of Naturgy’s importance requires robust systems and infrastructure to support its operations. The natural gas distribution business operates 24/7, providing the necessary volume and pressure to every distribution point throughout the year.
Monterrey, a key industrial growth driver and nearshoring winner, relies heavily on natural gas. It is present in every stage of the production chain and helps meet the increasing energy demand.
Key Questions and Answers
- What is the total investment Naturgy plans for the natural gas network in Mexico? Approximately $130 million over the next five years.
- Where will the majority of this investment be directed? The northern region, particularly Monterrey and Saltillo.
- What percentage of the investment will go to infrastructure in Monterrey? 40%
- What is the current capacity of gas entry points in Monterrey, and how has it changed recently? Seven entry points currently, with a 30-40% increase in capacity over the past five years.
- What is Naturgy’s broader energy strategy in Mexico? The company aims to strengthen both natural gas and electricity systems, focusing on sustainability, security, and accessibility.
