Mexico could boom thanks to the new global economic system, and natural gas will be key, according to experts.

Speaking Tuesday at the U.S.-Mexico Natural Gas Forum in San Antonio, TX, Guillermo García Alcocer who handles planning at Instituto Tecnológico Autónomo de Mexico (ITAM), said without greater access to natural gas, the so-called nearshoring opportunity would be “limited and regional.”

Nearshoring is the buzzword today, and it is the process by which North American companies are relocating their factories and supply chains to Mexico.

García Alcocer formerly served as the head of the Comisión Reguladora de Energía (CRE) and is a respected expert in the Mexico energy industry. He said “not one” project related to nearshoring has been announced in Mexico...