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Natural Gas Is The Exception To Mexico’s Push For Energy Self-Sufficiency

February 14, 2022

Via: Forbes

Much of Mexico’s current energy strategy revolves around beating the drum of self-sufficiency – when it comes to oil.

Yet when it comes to the natural gas that is increasingly driving the country’s economy, not so much.

Instead, natural gas hydrocarbons cannot flow south from Texas fast enough.

This comes as Mexico is more dependent on natural gas than ever, including to generate more than half of the country’s electricity supply. The country’s domestic natural gas demand has grown 30 percent to more than 9 billion cubic feet per day (Bcf/d) in the last three years. To meet this demand, it is currently importing record amounts – roughly 5.65 billion cubic feet/day (bcf/d) via pipelines, according to data from Natural Gas Intelligence.

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