Pipeline imports from the United States are accounting for a growing share of Mexico’s natural gas supply this year as volumes provided by Mexican production decline, new data show. 

Mexico’s natural gas production averaged 4.34 Bcf/d year-to-date through October, up from a full-year average of 4.09 Bcf/d in 2022, according to the latest figures from upstream regulator Comisión Nacional de Hidrocarburos (CNH).

This doesn’t tell the whole story though, since state oil company Petróleos Mexicanos (Pemex) consumes a large share of its own gas production.

As a result, domestic production has accounted for just 2.47 Bcf/d, or 28%, of Mexico’s gas supply this year through Nov. 22, down 152 MMcf/d versus the same span last year, according to Wood Mackenzie. 

Pipeline...