Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process.

Energy security is a central issue in the North American gas market, and the lack of underground storage in Mexico is one of its most marked risk factors. 

The recent announcement by pipeline operator Cenagas to call a tender for a natural gas storage project is a timely and important event. This initiative, although it is not new, stands out because it would be the biggest event for the strengthening of the national natural gas infrastructure in the last five years. In the words of Abraham Alipi, director of Cenagas, it would be just the beginning of a series of...