Alberta’s Energy Minister will sign a new agreement with Mexico’s federal government that will strengthen relations with an important trading partner and better enable the sharing of best practices.
Energy Minister Margaret McCuaig-Boyd will travel to Mexico City from September 29 to October 3. While there, she will promote Alberta companies, new opportunities for investment, and will meet with businesses and the Mexican government on a variety of energy-related policies. Mexico has also requested that the Minister be the guest of honour at a renewable energy event in Mexico City.
The Minister will set the stage for the upcoming Mexico Midstream Mission that takes place October 4-5. More than 20 Alberta midstream energy companies will meet with Mexican officials and businesses to discuss opportunities in the development of energy infrastructure across North America.
“Our government is committed to opening new markets for Alberta resources and our companies. Albertans have extensive experience in responsible and sustainable energy development and I will advocate for our companies looking to expand to the south.”
The trip will include Minister McCuaig-Boyd signing a Memorandum of Understanding with the Mexican Energy Secretariat, which will formalize the growing relationship with Mexico and enable sharing best practices on:
- energy policies including greenhouse gas and methane emissions reductions,
- electricity and renewable power,
- developing heavy oil and unconventional resources, and
- increasing valued-added developments and energy-related trade and investments between Alberta and Mexico.
The total cost of the trip is $15,300 for the Minister, one political staff member and two public servants.