Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process.

Mexico production

Mexico’s power matrix relies on natural gas for 65% of its output. As such, gas consumption sees the same kind of seasonality as electricity demand. The second week of September, the end of summer, is always greeted with relief by energy network operators. The demand peaks of 2022 have been handled smoothly.

The 2.6 Bcf/d Sur de Texas-Tuxpan marine pipeline helps keep supply pouring through the country, along with the set of pipelines that connect Waha with Guadalajara. As such, the problems of insufficient gas in the center of the country seem to be a thing of...