IGU Magazine April 2019

Page 42

F EA T URES

LGC highlights potential for gas in the region The 2018 edition of the Latin America and Caribbean Gas Conference (LGC) was held in Mexico City, October 9-11. Promoted by IGU and EnergyNet in partnership with ARPEL, the event is one of a number of initiatives to further the development of the region’s natural gas industry.  By Fred Mazo LGC 2018 brought together some 110

there was a meeting of the event’s

Policies

high-level professionals from through­

Advisory Board, a meeting of hydro­

Delegates agreed that there are major

out Latin America and the Caribbean.

carbon agencies, a workshop of the

opportunities in Mexico following the

Delegates included government

EnergyNet Student Engagement

country’s energy reform, in Brazil’s pre-

officials and representatives of energy

Initiative and a range of networking

salt resources, in Argentina’s unconven­

companies, international organisations,

opportunities.

tional resources – particularly the Vaca

the financial sector and consulting

This article gives a brief overview of

Muerta shale play, in the potential of

companies. In addition to the main

the main recommendations and mess­

the Caribbean market and for regional

conference and associated exhibition,

ages that emerged from the conference.

integration. However, there are chal­ lenges, foremost of which is the need

c  IGU Secretary General Luis Bertrán Rafecas makes a point.

for governments to provide a policy framework in terms of legal certainty, clear and transparent rules, respect for contracts and long-term energy plann­ ing that encourages private investment. In this context, Juan Pablo Jimeno, Director of Business Development of AES Mexico, highlighted the project backed by AES and Inversiones Bahia to introduce LNG to Panama, where the industry, regulator and clients worked together. Commercial oper­ ations of an LNG regasification terminal and gas-fired power plant at Isla Telfers, Colón, began in September 2018. For his part, David Rosales Hernández, Director General of Natural Gas and Petrochemicals at Mexico’s

40  LGC highlights potential for gas in the region


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