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Reliability Said More Important Than Price in Mexico’s Evolving Natural Gas Market

Natural Gas Intelligence · last updated

Mexico’s natural gas market still suffers from a lack of flexibility and last-mile infrastructure, industry participants said at a recent conference in Monterrey, Nuevo León.

Line chart titled “NGI’s Houston Ship Channel Daily Natural Gas Prices” showing daily spot prices from February 2025 through January 2026. Prices generally range between about $2.00/MMBtu and $4.00/MMBtu for most of 2025, dip briefly below $2.00/MMBtu in late spring, rise toward $4.50/MMBtu in November, then spike sharply to nearly $19.00/MMBtu in late January 2026 before falling back below $4.00/MMBtu.

At A Glance:

  • Last-mile infrastructure remains limited
  • Pipeline network grows, delivery gaps persist
  • Users value steady pressure, hourly flexibility

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