Electric power generation in Mexico is mainly based on fossil fuels, specifically heavy fuel oil, although the use of natural gas combined cycles (NGCC) is becoming increasingly important. This is the main destination that has promoted growing imports of natural gas, currently accounting for about 20% of the total national annual consumption. Available crude oil is becoming heavier; thus refineries should be able to process it, and to handle greater quantities of refinery residuals. If all refinery residuals are used in cogeneration plants serving petroleum refineries, the high heat/power ratio of refinery needs, leads to the availability of appreciable quantities of electricity that can be exported to the public utility. Thus, in a global perspective, Mexican imports of natural gas may be reduced by cogeneration using refinery residuals. This is not the authors' idea; in fact, PEMEX, the national oil company, has been entitled by the Mexican congress to sell its power leftovers to The Federal Electricity Commission (CFE) in order to use cogeneration in the way described for the years to come. A systematic way of determining the cogeneration potential by using refinery residuals from Mexican refineries is presented here, taking into account residual quantities and composition, from a national perspective, considering expected scenarios for Maya crude content going to local refineries in the years to come. Among different available technologies for cogeneration using refinery residuals, it is believed that the integrated gasification combined cycle (IGCC) would be the best option. Thus, considering IGCC plants supplying heat and power to refineries where it is projected to have refinery residuals for cogeneration, the expected electric power that can be sent to the public utility is quantified, along with the natural gas imports mitigation that may be attained. This in turn would contribute to a necessary fuel diversification policy balancing energy, economy and ecology. (C) 2007 Elsevier Ltd. All rights reserved.