Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Oups, where is that 300k block (prob AON) that was rolled down from $0.29 to $0.277 mostly by MM CSTI in a minute Intervall? Gone for now
Bought $0.257 and bidding $0.26
Overshot to upside NOW overshoot to downside
That’s how bottoms form!
Exhaustion or capitulation volume!
After 4million yesterday let’s do 5million + today and go green ;)
Gas clown,
I agree and don’t believe there is anything sinister going. There are always plenty of reasons to sell ONLY one reason / goal to buy shares.
These HUGE re-sets in MRGE price cleaned out the shareholder base. True longtime shareholders like you simply chuckled with the price rise from $0.30s to $0.75 and now back to $0.30s as a quick round trip rollercoaster.
These spikes will continue to happen as we already had plenty of 100%+ price appreciations this past year. The price collapse has to find a base here and unfortunately It just doesn’t stop with a new day it’s a process that takes time.
It’s an amazing story / opportunity / business venture and Michael Ward is building a LIFE changing network of nat gas for so many people. Shareholders / Mexican people of the poor/forgotten southern Mexico areas / world trade with a competing route to Panama Canal / even supplier in Texas AND all the jobs created to build these projects and their families AND the revenue created which will benefit shareholders AND again Mexican people ....
Again It’s an amazing life work project and Our leader Michael Ward is giving us the opportunity to take part in it and the market allows you to buy shares here for $0.34 / share ...
Be comfortable in your investments! Don’t panic sell on the bottoms! I posted after the last rebound from high $0.30s back to $0.50s that THEN would be the time to sell some if you were fearful and afraid when it had dropped days prior ... the $0.40s and $0.50s (and higher IMO) will return again and sell there NOT down here.
Don’t get caught up in daily drama here on a message board with anonymous posters with or without agendas! Enjoy your life, enjoy your friends and family and don’t forget to give this season
Thanks,
Stop losses, makes sense....
Someone or some entity has taken a BOATLOAD of chips of the table IMO!
End of the year, so anything from portfolio re balancing, tax planning, profit taking....
Add in a LOT of small investors sitting on nice profits and these -20% days are ugly and induce a LOT of fear selling!
Unfortunately I misread MRGE trading yesterday and did NOT anticipate today’s high volume drop. Could have bought shares from yesterday with a 20% discount easy today. That’s life & always easy to say/think a day later. Still grabbed more shares anyway.
Does the seller (s) or buyer (s) know more than me, OF COURSE! So I won’t even speculate anymore!
It’s easy to see that 4 million shares traded hands, that’s a HEALTHY ~ $1.5 million in real CASH...
Every print/trade is a Buyer matched with a Seller so -20% for the day tells me SELLERS are more motivated than BUYERS at this point!
What rumor?
There ya go
First MM GTSM posts another 50k block on the ASK and immediately MM CDEL shows another 90k block too.... let’s make sure you close MRGE down here around $0.35 or you down 20% target
Total volume close to 4million shares, that’s a lot of buyers! Wish I knew the buyers DD and targets
Yip,
That “trigger” or PR ... it would certainly help!
Picked up plenty more shares BUT supply endless today and ASK gets fluffed up with new 50k blocks ... or 100k blocks by MM CDEL or 75k block by MM ETRD
Then the weird “flip the switch moment” when MRGE was bouncing and about to pierce through $0.41 and probably turning green for the day, ONLY to “fall asleep” and supply hammering it back down to low of day! It’s not healthy
This bacon is burned! Lol
Ugly,
The amount that’s been hammered into the BID in 50k blocks and many 100k lots is eye opening!
Reminds me of note selling many many months ago. Disregard of price and simply volume selling
Buying some $0.34s and $0.36s here! When it’s bloody and you see 259k blocks force fed into the BID it’s panic selling time .... for me adding time lol
https://m.facebook.com/Programa-Istmo-1276683332492010/posts/?ref=page_internal&mt_nav=0
Official signing ceremony posted 30min ago
At about 4.40min in ... Rafael Mollinedo talks infrastructure / ferro that’s railways / fiber optics / gas / Aqua ....
Another step closer
Traders vs longterm holders
Both have the same objective to make a profit BUT time horizon and style are totally different.
Of course, easy terms “longterm” investors is BUY hold until DD unfolds and profits are reached, preferable with longterm cap gains status achieved.
But once the longterm investor buys HOW is the stock going to go up? It needs other investors to either buy longterm also AND the TRADER!
The TRADER is mostly quick draw buy & sell with profits (goal) time horizon could be minutes, days weeks or swing traders months....
The Trader provides liquidity and stock movement. The trader will sell quick once the momentum turns or events get DELAYED! He can’t sit & wait for news. He sells and makes money somewhere else (goal) and then returns back when NEWS is imminent or closer again!
Any longterm investor WILL need a trader to come in AFTER positive news to buy our shares @ $1.00+
2 possibilities
1. Profit taking, large ASK will roll lower until sold
2. Large ASK (without selling intend) pushing price lower in order to induce selling and accumulate
Today let’s see if MM CDEL 150k block from yesterday @ $0.50 shows up again and if MM OTCX lowers to $0.50 (has lowered $0.025 daily since starting @ $0.60)
Need that supply gobbled up for next move up IMO
Yes correct, MM NITE now left the building pulled $0.47 ASK
Looks like MM NITE had “bad” tacos last night and the disappointment pushes pre market bid below yesterday close...
https://m.facebook.com/Programa-Istmo-1276683332492010/?ref=page_internal&mt_nav=0
Under picture tab there are 3 pictures/ pages regarding tweet you posted
Well the mysterious 50k advertiser just pretty much hit market sell and is done!
Got 150k block seller still @ $0.50!
But that’s how it goes! Big sell blocks suddenly get gobbled up and she be ready to run.... all depends on buying interest stepping up here
Snif, that 150k seller needs a BUYER ;)
There is a 50k block that my L2 doesn’t pick up so not sure which MM is advertising that block
Nice open trading, dip @ open and once stronger BIDS showed up all the ASK supply vanished and/or thinned out.
MM OTCX has 100k ASK block above the market last couple days went from $0.60 to $0.55 to $0.525 today .... real or supposed to induce selling?
AMLO talking CFE and electricity supply and private investment and NO corruption this morning conference now
No bid whacking? Lol
That’s all it is all day today!
Buying this dip $0.45s and $0.46s....
Yes, plenty of interesting and re-assuring facts.... great illustrations for each project at the end of the presentation.
Here is the Portfolio of Infrastructure Projects translated to this document from SENER
https://www.gob.mx/cms/uploads/attachment/file/590407/2PQ_SISTRANGAS_2020_2024__05-11-2020_.pdf
Portfolio of infrastructure projects
• Sweet Names39 (Monterrey).
It includes the replacement and installation of measuring equipment in the Sweet Names area (Pesquería, Nuevo León) within of the interconnection zone of the Cd. Mier-Monterrey system with SISTRANGAS, on properties owned by CENAGAS and Kinder Morgan. With these adjustments, the SISTRANGAS could receive up to 200 MMcfd in addition to the capacity of existing measurement in the M2 Measurement Station.
Additionally, the interconnection between the SISTRANGAS and the Nueva Era gas pipeline must be carried out.
• Leona Vicario40 (Cactus).
CENAGAS has detected the need to develop a confluence point in the vicinity of the Cactus and
New PEMEX that allows the coexistence of the following currents:
1. Download the CPG Cactus.
2. Download of the New PEMEX CPG.
3. Flow from imports.
4. Extraction of PEMEX pneumatic pumping.
5. Extraction of the Nuevo Pemex - Valladolid gas pipeline.
6. Future extraction to the Dos Bocas refinery.
In accordance with these needs, the Leona Vicario project will allow the coexistence of import and production flows national for the benefit of the national oil and electricity sector itself, as well as localized natural gas users in the Yucatan Peninsula.
• Francisco I. Madero41 (La Laguna).
This project will be developed in two phases, with which the SISTRANGAS will have a new associated injection point to the Waha Basin. The first phase of consists of the interconnection "León Guzmán" (Durango), with the system owned from Fermaca and a capacity of 200 MMcfd with flow direction to the city of Durango for use by CFE.
In order to maximize said interconnection, it is necessary to install a header and flow regulation in the Chávez EC. This second phase is necessary to reverse flow within the SISTRANGAS and to be able to offer a capacity of 96 MMcfd with reception point in “León Guzmán” and delivery points in the La Laguna area or even to the Saltillo area to use of CFE.
• Montegrande expansion.
Before the start of commercial operation, the Montegrande (Tuxpan) interconnection and the increase in gas demand Naturally, CENAGAS identified the opportunity to increase the injection capacity of this interconnection by up to 1,000 additional MMcfd, through the development of additional measurement skids to those existing in the EMRyC of the company TC Energía, which currently has an operating capacity of up to 500 MMcfd for injection into SISTRANGAS, resulting in a capacity of 1,500 MMcfd (500 MMcfd from the initial interconnection and 1,000 MMcfd with enlargement).
• Tecolutla and Lerdo compression stations.
Based on the hydraulic analysis, the installation of additional compression capacity in the SISTRANGAS in the 48 ”trunk gas pipeline to enable the transport of molecules from the marine gas pipeline and complement the national offer in the gulf, south and southeast areas of the country. Compression stations will be installed at the Tecolutla (Altamira-Tuxpan section) and Lerdo (Veracruz-Minatitlán section) sites. The development of these compressors will be based on the demand that is manifested in the Gulf area and the availability of molecule from national PEMEX injections.
• Jáltipan - Salina Cruz gas pipeline.
The Jáltipan-Salina Cruz project is considered to meet the needs of the trans-isthmic corridor, as well as reinforce the current natural gas transportation infrastructure in that region.
Additionally, with the celebration of the Oaxaca Pact, on August 14, 2019 in Santa Lucía, Oaxaca; the need to guarantee the supply of natural gas in the south-southeast zone of the national territory in view of the fact that there is contemplated the installation and start-up of various projects that, together, will trigger growth economic of that region.
• Prosperidad Gas Pipeline.
CENAGAS has observed that the demand for natural gas corresponding to the Salina Cruz - Tapachula route persists. Based on the natural gas demand information identified in Chiapas, on average, the potential demand for the period from 2020 to 2033 amounts to 20 MMcfd. The above without taking into account electricity generation activities and oil companies. CENAGAS has had to formulate an updated proposal to meet the demand contained in the region south-southeast of the country based on the conditions currently prevailing of the United States (DFC) signed a letter of intent to invest 632 million dollars in the Rassini natural gas pipeline in Chiapas. This in compliance with the December 2018 agreements to promote the economic development of southern Mexico and Central America.
• Operational storage in Cavernas Salinas.
This project consists of an underground natural gas storage system in saline caverns 207, 208, and 209 leachates located in the municipality of Ixhuatlán del Sureste, Veracruz, in an estimated development time of two years; which must be covered by the respective permit for Underground Storage of Natural Gas issued by CRE.
This project is located 150 kilometers from the main natural gas production centers and provides flexibility operational and commercial to national production in the event of an event of immediate disruption due to a failure of the Southeast CPGs (Cactus, Nuevo Pemex and La Venta) that inject natural gas into SISTRANGAS. Delivery capacity to SISTRANGAS it could be up to 600 MMcfd.
Here is the SISTRANGAS Five-Year Expansion Plan 2020-2024 translated to this document from SENER
https://www.gob.mx/cms/uploads/attachment/file/590407/2PQ_SISTRANGAS_2020_2024__05-11-2020_.pdf
CENAGAS Proposal for the Five-Year Expansion Plan of the
SISTRANGAS 2020-2024, presented to CRE
Based on the analysis carried out by CENAGAS and considering the objectives set for the preparation of this Second Five-Year Plan, on January 31, 2020, CENAGAS presented35 for the technical opinion of the Commission the Proposed Five-Year Expansion Plan for the Integrated National Gas Transportation and Storage System Natural 2020 - 2024, with a long-term vision. The foregoing, in accordance with the procedure established in article 66 of the Regulation.
Said Proposal presented consisted of the following projects:
1. Integration:
a. Montegrande expansion;
b. Guadalajara interconnection;
c. León Guzmán Interconnection;
d. Hub Leona Vicario (Cactus);
e. Hub Francisco I. Madero (La Laguna); Y
f. Hub Sweet Names (Monterrey).
2. SNG modernization program:
a. Integrity indicators rehabilitation program;
b. Cempoala compression station;
c. Pátzcuaro compression station; Y
d. Compressor stations in the South.
3. Construction of compression stations in Tecolutla and Lerdo;
4. Natural gas storage;
5. Supply Isthmus of Tehuantepec and Chiapas; Y
6. Supply to Quintana Roo.
Subsequently, on February 17 and March 6, 2020, the Commission requested additional information36 to evaluate theProposal and be able to issue the corresponding technical opinion. These requirements were met onMarch 2 and 23, 37 respectively.
Finally, on March 27, 2020, the CRE informed CENAGAS38 that, in the extraordinary session of the Governing Body On the same date, Agreement number A / 013/2020 was approved, issuing the technical opinion referred to in the Article 69 of the Hydrocarbons Law (the Law) in relation to the Five-Year Plan proposal presented by this Center.
Here is the SISTRANGAS Five-Year Expansion Plan 2020-2024 translated to this document from SENER
https://www.gob.mx/cms/uploads/attachment/file/590407/2PQ_SISTRANGAS_2020_2024__05-11-2020_.pdf
In the outlook for 2023 this bodes well for us
? By 2023, the demand for natural gas is covered with the national supply plus imports and the entry in operation of new projects aimed at increasing the amount of natural gas transported.
- South Zone. The sum of the injection from the Montegrande interconnection and the flow from the Altamira EC it would be 1,253 MMcfd (considering the extractions in that trajectory). The increase in flow Regarding the year 2022, an increase in the discharge pressure of EC Altamira is necessary in order to maintain the necessary pressure and flow conditions for the operation of the EC Cempoala. The operation of the Cactus-San Fernando pipeline (48 ”trunk) becomes a bottleneck, which will be resolved with the Tecolutla and Lerdo compression stations to increase the flow to the Mayakán system and to supply the transisthmian corridor.
that confirms that OUR Cactus - San Fernando Pipeline will be the main natural gas flow south and supply ALL the new projects, especially our Isthmus Corridor project. Looking at the map there is already Sur de Texas- Tuxpan pipeline (off the Mexico east coast)... BUT this confirms our GRAND Mexico Natural Gas Import/Storage/Supply "Ward special" plan!
Here is the SISTRANGAS Five-Year Expansion Plan 2020-2024 translated to this document from SENER
https://www.gob.mx/cms/uploads/attachment/file/590407/2PQ_SISTRANGAS_2020_2024__05-11-2020_.pdf
the following pages offer graphics into supply/demand prognosis for natural gas market in domestic Mexico
Productive State Companies. PEMEX and the CFE provided the demand information historical and prospective natural gas for both its own processes and its users of the marketing service, in SISTRANGAS and in other transport systems for the period 2014 to 2033.
? States signatories of the Oaxaca Pact. Through the offices of the Ministry of the Interior and the Secretariats of economic development of the states, CENAGAS again consulted their current and future needs for natural gas. Of the nine entities that make up the Pacto Oaxaca and who were consulted, a response was received from five: 1) Oaxaca; 2) Chiapas; 3) Tabasco; 4) Quintana Roo and 5) Campeche.
? Mayakán Energy. Provided information on the demand that is planned for the Peninsula of Yucatán in the 2019-2022 period for the electrical, industrial and distribution sectors.
? PRODESEN 2019-2033. The program indicates the entry into operation of seven plants within the period 2019 - 2025 that use natural gas as the sole or complementary fuel.
? Other sources of information. Such as denied transportation requests, 33 open data from the CRE, data from the US Energy Information Administration and electronic bulletins.
Here is the SISTRANGAS Five-Year Expansion Plan 2020-2024 translated to this document from SENER
https://www.gob.mx/cms/uploads/attachment/file/590407/2PQ_SISTRANGAS_2020_2024__05-11-2020_.pdf
Preparation of the SISTRANGAS Five-Year Expansion Plan 2020-2024
4.1 Objectives
In accordance with the provisions of article 66 of the Hydrocarbons Law, CENAGAS aims to guarantee the continuity and security in the provision of services in SISTRANGAS to contribute to the supply of natural gas in national territory, under conditions of reliability, quality, redundancy and efficiency.
Considering the above and based on the objective of the energy policy of the present administration to recover the sovereignty and energy security, the present proposal for the SISTRANGAS 2020 Five-Year Expansion Plan-2024 part of the following objectives:
1. Ensure the efficient and long-term development of SISTRANGAS for the benefit of its users;
2. Focus on users, it seeks to meet the needs of short, medium and long term demand,providing a quality service;
3. Promote redundancy and flexibility that improve the operating conditions in the System27;
4. Contribute to the guarantee of energy supply and security in the country;
5. Extend the coverage of the System to develop new markets and contribute to economic development of the country for the benefit of all economic sectors and the quality of life of the population, especially towards the southeast and the Yucatan Peninsula;
6. Consider the strategic and social coverage projects determined by SENER, based on its benefits for the economic development and well-being of the population.
Here is the SISTRANGAS infrastructure translated to this document from SENER
https://www.gob.mx/cms/uploads/attachment/file/590407/2PQ_SISTRANGAS_2020_2024__05-11-2020_.pdf
SISTRANGAS infrastructure
check pages 16 & 17 for list of infrastructure and graphic/illustration on Mexico map
In addition pages 18-21 illustrate supply & demand graphics for nat gas in Mexico
Here is the Natural Gas transp. & storage infra translated to this document from SENER
https://www.gob.mx/cms/uploads/attachment/file/590407/2PQ_SISTRANGAS_2020_2024__05-11-2020_.pdf
Natural gas transportation and storage infrastructure
As of December 2019, 3,514 natural gas transportation systems are in operation in the country, with a length approximately 17,100 km. Of the total of this length, 1,224 km have started operations during the present administration, this means that as of December 1, 2018 and until December 31, 2019, the network of natural gas transportation grew 7.7%.
Likewise, during 2020 the gas pipeline began operations: 1) Villa de Reyes-Aguascalientes-Guadalajara; and by 2021 considers that gas pipelines 2) Samalayuca-Sásabe, and 3) Tula-Villa de Reyes will start operations. With the above, the network national will grow 988 kilometers. Once these pipelines begin commercial operation, Mexico will have a capacity imports of approximately 13,00015 MMcfd; to this capacity, national production must be added. Of the The sum of both results in the availability of natural gas in the national territory. It should be noted that this ability does not reveals the total installed import capacity or its potential.
In order to take advantage of this transportation capacity on the borders with the United States, the country needs to have a Mesh network with feasible interconnections between the different systems. However, except for the SISTRANGAS (operated by CENAGAS in its capacity as technical manager), the other systems are dedicated, for the most part to service of the CFE.
Regarding the natural gas storage infrastructure, it is important to note that, although there are three (3) Liquefied Natural Gas (LNG) terminals, these terminals operate as a supply of natural gas to certain users in particular as shown in the following table:
- Table deleted -
In this sense, in the event of a contingency in the supply of natural gas, operating capacity could be put at risk. systems. For this reason, it is necessary to have options that allow maintaining continuity in the gas supply natural in the gas pipeline network. In particular, SISTRANGAS requires having operating inventories that allow it to allow the system to be balanced against eventualities and thus guarantee the continuity of its transport services.
Trust me I have seen those daily short volume report sites and ALL I have ever figured out is a direct link between daily total volume and the short volume. The higher the daily volume the higher the short volume LOL
The difference between the two reports you mentioned is:
-Short interest
-Short volume
You can trust & follow the short interest numbers I believe still bi weekly. IN MRGE case I have seen a minuscule 30k or 40k number, that makes sense to me.
Short volume reports I believe are more trade analytics of daily buy vs sell activity. They give you short volume but no net number end of day! It’s probably MMs selling short in order to fill orders and provide liquidity BUT then they don’t stay short, MMs mostly stay flat at the end of day.
MM are like the middlemen between buyer and sellers .... they always give a little more to the buyer then they have to find a seller and get it back OR give extra to the seller and then need a buyer AND / OR MM hold some inventory to smooth trading out.
Everybody here probably entered a limit order before and received a better price than buy price entered right? Most of the time in wide BID ASK spreads. That’s a MM activity and since the ASK didn’t change where did the sell volume to match your buy come from.... maybe MM sold you short to fill your order and THERE is your short VOLUME report.... later the MM probably picks up same share lot above BID and flattens trade position.
Result MM is flat, NOT short
bUT the daily short VOLUME report shows short volume....
My opinion on shorting MRGE
Nobody would short this stock for more than a couple trading sessions. Risk of news just too great and the chance the stock would open @ $1.00 NOT worth the risk of shorting!
Now let’s talk about MM ASCM who surprisingly shows up only/mostly when MRGE spikes higher without fundamental news! This is easy quick money for MM ASCM, waiting for the upward spike momentum to fade & start selling short some volume and then start hitting / testing the BID support. Now all it takes is a Friday midday slow day.... and with some more aggressive selling PLUS triggering first profit taking from shareholders THEN take out SToPs and THEN comes the panic stage and accelerated selling occurs. MM keeps pushing price lower and DING DING market closes stock down ~30%.
Monday morning first 1-5min MM ASCM evaluates buying/BID support and with nothing substantial the same play of triggering more profit taking and panic selling..... with stock down again 20%+ bigger blocks trade and MM ASCM starts covering their short position and in our case when the stocks closes with a quick 200k buy that might have been what’s left for MM ASCM to flatten / cover their position. It was 2 days of huge volume and the event is done! MM ASCM is done made a profit and looks for the next spike to rinse & repeat!
In addition for MRGE or other low market cap equities MMs will sell short during the day to help fill bigger buying orders. These MMs don’t really short the stock with a profit goal BUT providing liquidity.
Bottom line, in our case it was either a coordinated quick short attack and they made their profits and moved on already OR it was an coordinated BIG BUY IN event! BIG Player positioning for BIG news coming! No way they can buy 3 or 4 Million shares without pushing price higher so coordinate a downdraft / panic event and collect you shares / inventory!
Once the big boys are done loading what they want they will let the price rise!
Volume before price
And today we get big UP move on MUCH lower volume compared to the DOWN days volume!
There won’t be a short squeeze here. I believe MRGE will continue to trend HIGHER on more and more DD shows more and more Mirage connections / mentions THEN REPRICE HUGE higher on official announcement news / PR.
Salinas cavernas is south by Salinas! The doc I provided has the project & map showing the location
Not $0.60 but $0.50s + be super strong IMO
Truly a TON of volatility!
Sold trading shares $0.54-56 bought in the 38s, 39s and low 40s last couple days! Amazing short term returns.
But still kept some extra shares for long term success!
To everybody that panic sold some last couple days OR had serious doubts because they were overextended, NOW would be a time where you can put little orders 5-10k on the ASK and let them buy it off you!
MRGE has a powerful reversal and gone through a textbook shakeout IMO!
Don’t sell all your shares, MUCH more to come IMO!
There is much more but no time now, I will get to it later after market close
Here is the Oaxaca Pact plan translated to this document from SENER
https://www.gob.mx/cms/uploads/attachment/file/590407/2PQ_SISTRANGAS_2020_2024__05-11-2020_.pdf
Oaxaca Pact Based on the version published by the Presidency of the Republic in August 201911, the Oaxaca Pact seeks to generate the development of the south - southeast region of the country, with special emphasis on infrastructure, energy, tourism, urban development and rural, security and education, through various projects among which are: 9 Published on January 10, 2019.Available at: https://www.pemex.com/acerca/plan-de-negocios/Paginas/default.aspx
10 Million cubic feet per day, measured under PEMEX conditions: 1 kg / cm2 pressure and 20 ° C. 11 Stenographic version. Published on August 14, 2019.Available at: https://www.gob.mx/presidencia/articulos/version-estenografica-del-pacto-oaxaca-hacia-un-sur-sureste-del-futuro 13
1. Interoceanic Multimodal Corridor, with which the development of the southeast of Mexico will be promoted and life to the logistics land bridge from the Pacific Ocean to the Gulf of Mexico.
2. Restoration of 309 kilometers of the railway line that connects the port of Coatzacoalcos with the port of Salina Cruz, reducing the transfer time between the two ports by almost half.
3. Modernization of the ports of both cities, reaching a movement of 1.4 million TEUs12 annually.
4. Construction and modernization of the Mitla - Tehuantepec and Acayucan - La Ventosa highway network, thereby Travel times will be reduced by up to 50%.
5. Trans-isthmic Project for the supply of natural gas to the states of Oaxaca and Chiapas, through the construction of a new transportation system on the stretch from Jáltipan (Veracruz) to Salina Cruz (Oaxaca).
Likewise, it is pointed out that for the development of the south-southeast region of the country the private, social and public sectors are needed, and important projects, such as the construction of the Mayan Train, as well as the oil reactivation to halt the fall in its production and the construction of the new refinery in Dos Bocas13, Paraíso, Tabasco. The latter in order to reactivate the oil industry and achieve energy sovereignty. Natural gas as a detonator of growth in the south-southeast zone
There are many factors that intervene in the productivity and economic and social development of a region, but there have been It is observed that the most competitive and prosperous regions are those that have a supply of fuels to competitive prices, as is natural gas.
In a simple exercise where states are ranked based on GDP per capita, natural gas consumption and the level poverty, there is a direct association between productivity and economic development of a state (GDP per capita) and the consumption of natural gas (see Figure 2). That is, those states that have the highest consumption of natural gas report a higher GDP per capita. For example, the states of Nuevo León, Querétaro, Coahuila, Sonora, Chihuahua and Colima, which have access to natural gas and report a higher consumption of this energy, remain within the 15 states with the highest productivity and social development, according to the GDP per capita indicator; while those states that do not have natural gas supply (mainly Guerrero, Chiapas and Oaxaca) see limited its economic and social development, remaining in the queue as the states with the lowest productivity and highest percentage of poverty. 12 Twenty-foot Equivalent Unit (TEU), for its acronym in English. TEU is the unit of measurement of cargo transport capacity referred to containers standardized 20 feet in length. 13 The Dos Bocas refinery project is associated with the cogeneration project in the same location.
The foregoing causes and conditions that regions that do not have natural gas are not very attractive for investment, decreasing their competitiveness compared to those that do have this fuel.
For this reason, in order to contribute to the economic and social development of the south - southeast of the country, especially in the area of the Isthmus of Tehuantepec and Chiapas, SENER coordinates the evaluation of technically feasible options and economically viable to supply natural gas to these areas.
Here is the National Electricity plan translated to this document from SENER
https://www.gob.mx/cms/uploads/attachment/file/590407/2PQ_SISTRANGAS_2020_2024__05-11-2020_.pdf
National Electricity System Development Program
On June 14, 2019, SENER published PRODESEN 2019-2033, a program that details the annual planning, with a 15-year horizon, aligned with the national energy policy regarding electricity. The document takes up the Indicative Program for the Installation and Removal of Power Plants (PIIRCE), which establishes, in a indicative, the entry into operation of new power plants of various technologies and uses of fuels.
Within PRODESEN, the importance of rescuing the country's electricity sector is emphasized, through a program for the construction of power plants to strengthen State Productive Enterprises (EPE). In this sense,
The program indicates the entry into operation of 7 plants within the period 2019 - 2025 that use natural gas as single or complementary fuel (in the case of plants enabled to have dual combustion). Said centrals were proposed by CFE in order to recover the preponderant role of the state company in electricity generation and provide the service to both the National Electric System (SEN) and the electrical requirements of PEMEX.
This information is considered for the formulation of demand scenarios for the generation of electricity that involve the consumption of natural gas in the SISTRANGAS.