{"id":10561,"date":"2019-09-20T18:00:35","date_gmt":"2019-09-20T18:00:35","guid":{"rendered":"https:\/\/www.basham.com.mx\/elimination-of-maximum-price-of-natural-gas-first-hand-sales\/"},"modified":"2019-09-20T18:00:35","modified_gmt":"2019-09-20T18:00:35","slug":"elimination-of-maximum-price-of-natural-gas-first-hand-sales-2","status":"publish","type":"post","link":"https:\/\/basham.com.mx\/en\/elimination-of-maximum-price-of-natural-gas-first-hand-sales-2\/","title":{"rendered":"Elimination of Maximum Price of Natural Gas First-Hand Sales"},"content":{"rendered":"<p><strong>Elimination of Maximum Price of Natural Gas First-Hand Sales<\/strong><br \/>\n<strong>\u00a0<\/strong><br \/>\nOn June 19, 2017, the Energy Regulatory Commission (\u201cCRE\u201d) issued a communication approving the elimination of the maximum price of natural gas at first-hand sales.<br \/>\nThe main purposes of the price elimination are the following:<br \/>\na. The facilitation of the recovery of natural gas production.<br \/>\nb. That natural gas producers, among them, those awarded with exploration and production hydrocarbons contracts, may offer their additional gas production to the market.<br \/>\nc. That traders already having importation and transport capacity, may offer natural gas supply alternatives.<br \/>\nNotwithstanding said elimination, CRE will maintain a balance adjustment as a mechanism that allows the injection of liquefied petroleum gas to the Natural Gas Transportation System (SISTRAGAS, for its acronym in Spanish).<br \/>\nAdditionally, the elimination will not imply the total deregulation of first-hand sales, since CRE will continue regulating such sales under terms and conditions, as well as contracts issued by PEMEX.<br \/>\nThe Ruling whereby prices are being eliminated was published in the Federal Official Gazette on June 16, 2017.<br \/>\n<strong>\u00a0<\/strong>The lawyers of the energy, mining and infrastructure area of our firm are available for any questions or comments on the above.<\/p>\n<p style=\"text-align: center;\"><strong>Juan Carlos Serra<\/strong><\/p>\n<p style=\"text-align: center;\">serra@basham.com.mx<\/p>\n<p style=\"text-align: center;\"><strong>Jorge Eduardo Escobedo Monta\u00f1o <\/strong><\/p>\n<p style=\"text-align: center;\">jescobedo@basham.com.mx<\/p>\n<p style=\"text-align: center;\"><strong>Jorge Garay Lebrija<\/strong><\/p>\n<p style=\"text-align: center;\">jgaray@basham.com.mx<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">Mexico City, June 22nd 2017<\/p>","protected":false},"excerpt":{"rendered":"<p>Elimination of Maximum Price of Natural Gas First-Hand Sales \u00a0 On June 19, 2017, the Energy Regulatory Commission (\u201cCRE\u201d) issued a communication approving the elimination of the maximum price of natural gas at first-hand sales. The main purposes of the price elimination are the following: a. The facilitation of the recovery of natural gas production. [&hellip;]<\/p>","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[1337,1320],"tags":[],"class_list":["post-10561","post","type-post","status-publish","format-standard","hentry","category-energy-en","category-ingles"],"_links":{"self":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts\/10561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/comments?post=10561"}],"version-history":[{"count":0,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts\/10561\/revisions"}],"wp:attachment":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/media?parent=10561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/categories?post=10561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/tags?post=10561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}