Mexico’s CFE Internacional (CFEi) climbed two spots quarter/quarter, to 12th from 14th, in NGI’s 4Q2020 Top North American Natural Gas Marketers rankings.

q4 marketers ranking

CFEi is the international fuel marketing arm of Mexico’s power utility Comisión Federal de Electricidad (CFE).

Through CFEi and its domestic counterpart CFEnergía, CFE has supplanted state oil company Petróleos Mexicanos (Pemex) in recent years as the dominant player in the country’s natural gas market. 

Amid declining gas production by Pemex, CFE has anchored a massive buildout of natural gas pipelines to import the molecule from the United States.

CFEi moved up in the rankings despite transacting 3.32 Bcf/d during the quarter, down from 3.33 Bcf/d in 3Q2020. 

The rankings follow the fourth survey of...