NEB, Mexican Energy Regulator sign MOU

Image: JWN

Canada’s National Energy Board has signed a memorandum of understanding (MOU) with Mexico’s energy regulatory commission — Comisión Reguladora de Energía — to guide ongoing collaboration and the exchange of technical and regulatory information.

With a view of promoting regulatory excellence in both countries, the MOU provides a framework for the two regulatory bodies to share experiences, lessons learned and best practices on subjects such as pipeline safety, damage prevention, safety culture, transparency and communications.

“This agreement strengthens the foundations for a meaningful and sustained dialogue on pipeline safety between our two countries,” Peter Watson, NEB chair and chief executive officer, said in a statement.

“I am confident our expanded collaboration plans will accelerate the exchange and adoption of regulatory best practices, and strengthen our bilateral ties in the context of greater North American energy integration,” added Guillermo Ignacio García Alcocer, CRE chair.

Deregulation of the Mexico’s oil and gas industry has opened various channels of co-operation between Canada and Mexico. In February, the Alberta Energy Regulator (AER) and the Government of Mexico launched the International Centre of Regulatory Excellence (ICORE), with similar objectives.

As a not-for-profit institute, ICORE is to provide training, collaboration and an innovation hub for regulators from around the world.

“Regulators will be able to exchange best practices, advance their collective body of knowledge, plus train both emerging and established regulators,” AER senior public affairs advisor Ryan Bartlett wrote in an email to JWN at the time.

The NEB announcement was made at the Conference of Montreal of the International Economic Forum of the Americas, which brought together hundreds of leaders from business, government, academia, trade unions and civil society between June 12 and 15.