Mexico’s CFEi Slips Two Spots in NGI’s 1Q2021 Natural Gas Marketer Survey, but Volumes Hold Steady

Mexico’s CFE International (CFEi) slipped three spots quarter/quarter in NGI’s Top North American Natural Gas Marketers rankings for 1Q2021, which ranks marketers by sales volumes.

CFEi, the fuel importing and marketing arm of state power utility Comisión Federal de Electricidad (CFE), ranked 15th at 3.31 Bcf/d, versus 12th at 3.32 Bcf/d in 4Q2020.

Since Mexico’s 2013-2014 constitutional energy reform, CFE has supplanted national oil company Petróleos Mexicanos (Pemex) as the leading player in Mexico’s natural gas market. CFE has done this in part by commissioning a massive buildout of pipelines to supply its power plants with gas sourced from the United States.

The reform, which passed under the previous government, allowed non-state actors to obtain firm...