Mexico Natural Gas Market Spotlight: As Peak Season Approaches, All Eyes on Rising Imports

Mexico’s natural gas market is importing more U.S. supply as the country’s economy and its weather heat up for summer and peak demand.

A single day U.S.-to-Mexico record was broken on April 14 when exports reached 7.1 Bcf/d, prompting analysts to adjust their import models upward.

Wood Mackenzie revised higher its summer forecast made in February by 400 MMcf/d, setting pipeline imports from the United States at an average of 6.7 Bcf/d for April-October. Gelber & Associates Inc. senior market analyst Dan Myers said Thursday he sees current flows to Mexico from the United States at around 6.5-7 Bcf/d.

On Mexico’s natural gas pipeline system Sistrangas, the five-day line-pack average was 6.993 Bcf on Wednesday (April 21), according to the Gadex consultancy in Mexico...