NATURAL GAS VALUE CHAIN

Natural gas is extremely important for Mexico’s energy transition and to meet the country’s increasing energy demand. Companies involved in this hydrocarbon’s value chain (exploration, production, storage, distribution, liquefaction and transportation) are aware of the huge opportunities that Mexico has to boost its natural gas market, in sustainable and cost-efficient ways, mirroring what it is already happening in other markets like European or the US, where natural gas is positioning as the best fuel to power their needs. Furthermore, Mexico is located in the region with the cheapest natural gas price per molecule in the world (US$2.8/BTU): North America. Mexico is also in the midst of the largest-ever expansion of its natural gas pipeline network, extending it from 11,000km to 18,000km in the coming years. This means that whether Mexico decides to boost its natural gas production from conventional or unconventional plays, or its natural gas imports from the US, the country’s value chain surrounding this hydrocarbon should be receptive enough to seize every possible opportunity.