“The global need for natural gas is going to continue for at least the next 30-40 years, whether for power generation, backup or industrial purposes, particularly in Asia and Europe,” Rogelio Calderón, industry expert and founder of Huasteca Ventures, told NGI’s Mexico GPI. 

Calderon

“If Mexico has an LNG hub with access to that market, we’re going to continue to see significant LNG demand especially from Japan, Korea, China and Indonesia, where they don’t produce enough natural gas to be self-sufficient.”

Calderón added: “In the years to come, there will be a deficit for natural gas in the world, and if Mexico has available LNG export plants to supply foreign markets, the country, and the US, should benefit from these projects over the next 20 to 30...