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...
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