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Storage, Secondary Market Said Still Lacking in Mexico’s Burgeoning Natural Gas System
Mexico’s natural gas market has come a long way since its inception over a decade ago, but a few key missing pieces leave it deficient.
One lacking segment is natural gas storage, market participants said last week at the Mexico Gas Summit in San Antonio, TX.
In the United States, there are hundreds of underground facilities and enough natural gas in storage to cover demand for many weeks. In Mexico, just a few days without natural gas supply would cripple the nation’s energy system.