Natural Gas Said Key as Mexican States Jockey for Position in Nearshoring Opportunity

Mexican states are working to lure nearshoring investment from international firms, and access to natural gas is pivotal, officials said at an energy conference in Monterrey, Nuevo León, on Wednesday.

“Natural gas is here to completely change our state,” general director Carlos Adrián Garcia of Campeche state’s energy agency said at the 9^th Mexican Infrastructure Projects Forum.

Earlier this month, Campeche authorities signed an agreement with energy multinational Engie SA to bring natural gas to the state through the Cuxtal II pipeline. Garcia said it would lead to the development of industrial parks in the southeastern state.

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“Natural...