(Editor’s Note: This story is one in a series providing expert forecasts for the global natural gas and oil markets in 2022. Look for NGI’s extensive coverage of what happened in 2021 and what can be expected in 2022 and beyond in terms of prices, the LNG export markets, ESG, Mexico’s production and project prospects, North American midstream infrastructure plans and exploration and production strategies.)

monterrey

NGI’s Mexico GPI has narrowed down an eventful year to the five key stories that defined Mexico’s natural gas market in 2021. These stories are:

Winter Storm Uri

Winter storm Uri in February wreaked havoc not only in Texas but also in Mexico. The freak cold snap caused a 20% plunge in natural gas production in the south-central United States as power demand...