This week saw an ebbing in the price surges of the past month, but Mexican buyers of natural gas are gearing up for a potentially precarious winter season.

pipeline exports

“This winter is gonna be very different from previous years for sure, as we haven’t had this tight of a market in a very long time,” Refinitiv analyst Shuya Li said Thursday on The Desk’s online energy platform Enelyst. “The prompt prices have come down a bit from the record highs as we head into the shoulder season. But winter risks didn’t go away.”

Gadex consultant Eduardo Prud’homme said market conditions in Mexico are stable at the moment, but there is concern about what the winter might hold in store.

In a webinar Tuesday hosted by Refinitiv and NGI, a panel of experts said numerous factors, including...