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.

[Mexico Matters: Cross-border energy trade between the U.S. and Mexico reached $82 billion last year. Understand this burgeoning trade flow — the projects, politics and natural gas prices — with NGI’s Mexico Gas Price Index. Know...