Mexico Spurs FLNG Project

Mexican energy regulator CRE has authorized a New Fortress Energy subsidiary to transport natural gas via pipelines for a floating LNG project off the coast of Veracruz state.
In its latest session, the commission granted the permit to Mexico FLNG, which last month received authorization to conduct natural gas liquefaction activities in the same area, Bnamericas reported.
The project has advanced this year, starting with the greenlight from the US Energy Department to export gas to Mexico, a CRE approval to generate electric power to feed the plant in February, and an LNG export permit from Mexico’s energy ministry last month. 
The first stage of the project, which will produce 1.4 million tons of LNG per year, is expected to start testing this month and make its initial delivery in August.
Hydrocarbons regulator CNH authorized state-owned oil and gas giant Pemex to spud two wells.
The first is the Bamoa well off the coast of Tabasco, which the company plans to spud starting in August. The second is the Yawa well in Puebla, which Pemex said it started spudding on June 6.
The agency also approved an exploratory investment of up to $78.6 million for 2023 and 2024 filed by Pemex for its Llave 6 field in Oaxaca state. 
For the Yawa field, Pemex presented an updated exploration plan involving up to three new wells for a total investment of up to $61 million.