Mirage Energy Corp (MRGE)

[Tony1221]

Ok so this is the translation and your point ?

The Sun of Parral
Parral, Chih.- Due to the polar vortex that affects the United States, this country registers cuts in the supply of natural gas and volatility in the price of this fuel by more than 5,000 percent, going from three dollars per MMBTU to 200 and in some places of the American Union up to 600.

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A state of emergency has been issued in areas where the gas and electricity supply in the United States is at risk. Due to electricity cuts associated with significant growth in demand and a drop in supply, both due to the reduction of renewable energy sources and electricity generated with natural gas due to damage to infrastructure (freezing of pipelines), its authorities have issued a priority in natural gas consumption: homes, hospitals and strategic consumption areas, as well as for the generation of electricity.

Given the problem presented in the United States and its impact in Mexico on electricity generation, CFE informed and timely requested Cenace the declaration of an Operational State of Alert. As of Friday, February 12 of this year, CFEnergía notified its Generation EPS and these in turn to Cenace, the shortage and unavailability of natural gas, as well as the unusual and exorbitant growth in gas prices.

Given the resurgence of extreme temperatures in the United States and particularly in Texas where a part of the population does not have electricity today, significant cuts in gas supply began today due to freezing of pipelines in the northern part of the country that would affect power plants. generation with gas in Sinaloa, Sonora, Durango, Chihuahua, Saltillo and Nuevo León.

With its gas reserves, CFE is injecting gas to strategic support plants in Chihuahua and Nuevo León to avoid further damage. CFE has made all the energy from other generation sources available to Cenace, and with a team in Mexico and the United States, it is working on the restoration and normalization of natural gas supply from the United States.