U.S. natural gas gas exports to Mexico via pipeline fell on a year/year basis in 2022 for the first time since 2010, according to the U.S. Department of Energy (DOE).

DOE compiles a quarterly report on the North American natural gas trade.

Gas flows to Mexico dipped to 5.7 Bcf/d in 2022 from 5.9 Bcf/d in 2021. “Exports to Mexico fell in every month relative to 2021, except for January and February,” DOE researchers said. 

The average price of gas exports to Mexico increased by 15.7% to $6.26/MMBtu.

Nonetheless,“U.S. exports to Mexico have grown substantially in the past 20 years, especially in the past five years,” the DOE team said. “Growing demand for power generation and industrial uses in Mexico and an increase in pipeline capacity has been widely cited as...