Mexico natural gas prices were $3.53/MMBtu in June compared to May prices of $3.74, according to the latest IPGN monthly index published by the Comisión Reguladora de Energía (CRE).

mexico imports

Gas prices were up significantly from last June when they averaged $2.32. 

Natural gas volumes transacted by marketers that reported to CRE reached 7.796 Bcf/d in June, the highest figure recorded since the IPGN was created in 2017.

The CRE used 341 transactions from information provided by 30 marketers to calculate the June index. The industrial northeast reported the highest volume of transactions at 2.470 Bcf/d, followed by the gas region encompassing Mexico City, which saw transactions of 1.911 Bcf/d.

Imports from the United States also hit records in June. This occurred even as domestic...