Mexico state-owned power company Comisión Federal de Electricidad (CFE) is implementing an “aggressive policy” to monetize its excess natural gas transport capacity on each side of the U.S.-Mexico border, according to the head of the two natural gas marketing units.

Subsidiary CFE International is the 14th largest natural gas marketer by volume in North America, according to NGI’s latest quarterly ranking. CFEnergía is the No. 1 gas marketer in Mexico, according to energy ministry Sener.

Speaking Thursday at the 6th Mexico Gas Summit hosted by Industry Exchange LLC, the general director of both subsidiaries, Miguel Santiago Reyes Hernández, said in addition to supplying gas to its power plants, CFE has 41 supply contracts with private clients.

CFE has received...