Mexico Regulator Forecasts 25% Increase in U.S. Natural Gas Imports by 2024

摘要

Mexican imports of natural gas from the United States will increase at least 25% by 2024, according to a recent presenta- tion by Commissioner Hector Moreira of the country’s upstream regulator Comision Nacional de Hidrocarburos (CNH). Natural gas exports to Mexico from the United States are forecast to reach more than 6.74 Bcf/d in 2024, 25.5% more than 2017 levels of 5.37 Bcf/d, according to esti- mates from the country’s Energy Ministry presented by Moreira. During the same period, Mexico natural gas production is forecast to increase only 6.6% to 4.08 Bcf/d by 2024, compared to 3.83 Bcf/d in 2017, according to the presentation.