Mexico Deregulations. The Numbers Keep Getting Bigger.
Mexico’s demand for natural gas keeps increasing & its all in the numbers:
- 25% increase in daily pipeline exports to Mexico in August 2016
- The August 2016 increase is also 85% above the daily average from 2011 to 2015
- 7.3 billion cubic feet per day is the current natural gas export rate
- $34 billion in investment over 35 years for the most recent auction of Mexico’s formerly controlled Gulf drilling
- Mexico is adding 12 new pipelines with a capacity of 9.7 billion cubic feet of gas per day
San Antonio Express News | Mexico’s growing appetite for U.S. natural gas