LNG

US to remain Mexico’s dominant gas supplier

Mexico’s dependence on pipeline gas imports from the US is set to increase further as new projects come online Mexico’s dependence on pipeline gas imports from the US is set to increase further as new projects come online.
By Abhishek Kumar 2 August 2018 0 31986
The Manzanillo LNG terminal in Mexico. (Samsung C&T)

Directional impact on forecast:
Upbeat on Mexico’s gas imports

Mexico’s falling gas production and rising demand for the fuel have presented an opportunity for the United States to boost its exports of pipeline volumes and LNG to its southern neighbour. US pipeline gas is set to consolidate its position in Mexico’s energy mix even further as new connections come online. Gas trading between the two countries is expected to increase this year and next. Growth will be seen despite obstacles surrounding the renegotiation of...