Market players and the government each have roles to play in creating a more liquid, transparent natural gas market in Mexico, according to Eduardo Prud’homme, cofounder of the Gadex energy consultancy.

Monterrey map

Prud’homme assessed the state of play in Mexico in the latest episode of NGI’s Hub and Flow podcast.

Buyers and sellers of natural gas can contribute to a more transparent market by reporting transaction data to price reporting agencies such as NGI, Prud’homme said. 

The industrial hub of Monterrey is the logical choice for the first authentically Mexican pricing hub, he explained, citing the convergence of multiple pipeline systems in the area bringing in gas sourced from the United States.

These include Kinder Morgan Inc.’s Mier-Monterrey pipeline, Grupa Clisa...