Respondents to NGI’s fourth Mexico gas price survey said the industrial hub of Monterrey in the northeastern part of the country would be the best place for a domestic pricing index to form.

Monterrey

The industrial area has various gas options and sees the Sistrangas national pipeline system converge with Kinder Morgan Inc.’s Mier-Monterrey system and Howard Energy Partners’ Nueva Era pipeline in Monterrey.

The area is also home to “the most sophisticated gas buyers,” in the country, said Gadex consultant Eduardo Prud’homme, one of the country’s energy experts.

Deliveries into the Monterrey area have increased by more than 30% in the past three years, rising from 583,182 Dth on March 16, 2018, to 772,468 Dth on March 16, 2021, according to NGI data.

The natural gas...