TC Energy Corp. is strengthening its commercial ties with Mexico’s largest natural gas consumer and working toward the completion of multiple pipeline projects in the country.

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The consumer is state power company Comisión Federal de Electricidad (CFE), whose demand averages about 4 Bcf/d, nearly all of which comes from the United States.

In a call to discuss the Calgary-based company’s third-quarter earnings, CEO François Poirier called 2022 “a transformative year for our Mexico business.”

He highlighted an agreement reached with CFE in August to complete and develop natural gas infrastructure in Mexico’s central and southeast regions. 

Projects covered in the agreement include the 1.3 Bcf/d, 444-mile Southeast Gateway offshore pipeline, which is expected to be...