New Rules Spur Exports of Natural Gas to Mexico

Recent laws opening up Mexico to natural gas imports have the US industry scrambling for a piece of the pie, said a recent report by the Chicago Tribune.

The report detailed more than $10b in planned or current investments in the sector, especially in pipeline construction.

A separate report by Oil & Gas Financial Journal stated that Florida-based Nextera Energy Partners has agreed to purchase NET Midstream for $2.1b. The deal allows Nextera to consolidate control over gas exports to Mexico, as the portfolio purchase includes seven major pipelines in Texas.

The pipelines have a combined capacity of 3bcf/d and transport gas to and from some of the largest markets in Texas, including the Eagle Ford Shale formation and the Houston metropolitan area.

Login

Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password

Register