Natural gas prices at points key to Mexico surged above $8.00/MMBtu this week as hot weather in North America and lingering production concerns drove bullish sentiment in the market.

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Analysts continue to see pricing being pushed to the upside in the months ahead.

The U.S. Energy Information Administration (EIA) expects natural gas delivered to electric generators to average nearly $9.00/MMBtu between June and August, which would be more than double last summer.

Warm temperatures in Mexico, meanwhile, are fueling record gas burns for power generation, and in particular, driving demand on pipelines in the country’s West.

According to analysis from Wood Mackenzie, imports into Mexico originated from West Texas are averaging a record 1.7 Bcf/d in May, 11% above April. West...