Mexico’s CFE International LLC (CFEi) reported a 14% year/year increase in natural gas sales transactions during 2021, even as many large marketers posted declines, according to NGI’s Top North American Natural Gas Marketers ranking.

Leading Natural Gas Marketers

CFEi, a fuel procurement and marketing arm of state-owned power utility Comisión Federal de Electricidad (CFE), transacted 3.53 Bcf/d of gas last year, up from 3.11 Bcf/d in 2020. That made it the 11th largest marketer by volume, according to the survey.

CFE has sought to continue expanding its natural gas import capacity from the United States in order to supply its gas-fired power plants and grow its domestic gas marketing business through subsidiary CFEnergía.

Mexico energy regulators in February also approved a rule that consolidates...