Free Submission Public Relations &
Deutsch English

Mexican gas market controlled by Pemex

Mexican gas market controlled by Pemex

Print article Print article
2013-01-14 17:18:19 - Mexican gas market controlled by Pemex

The Mexican gas market has reported an increase in gas production as a direct result of the promotion of gas fired power plants. In 2011, Mexico´s natural gas production totalled 1,946.1 billion cubic feet with consumption totalling 2,089 billion in 2011.The Southern Region of the country contains the largest share of proven reserves. However, the Northern Region likely will be the centre of future reserves growth, as it contains almost ten times as much probable and possible natural gas reserves as the Southern Region.Mexico´s gas exploration and production facilities are controlled by Pemex and due to government´s restriction on private player upstream activity, Pemex has a complete monopoly on the upstream activity in Mexico.Mexico has begun cutting natural gas supplies



to some of its largest customers by as much as 45 percent of their orders to cope with ballooning demand from households to steelmakers such as Ternium SA (TX) and ArcelorMittal. (MT)Pemex, started reductions on a case-by-case basis as the government studies forcing the measure on all companies. Pemex has increased imports from the US to records this year as its state-owned pipelines run at about 95 percent of capacity.The Burgos Basin in northern Mexico has been a centre for natural gas exploration and production, and it currently represents about one-quarter of total natural production.Pemex announced a service contract in 2009 that would upgrade infrastructure in the area to facilitate increased natural gas production. In 2010, three new gas fields began production in the Burgos Basin, Alambra, Arenaria, and Perillan.In addition, Pemex produced its first shale gas in March, 2011 from an exploratory well at the Eagle Ford formation in the northeastern state of Coahuila.For more information on the Mexican gas market, see the latest research: Mexican Gas MarketFollow us on Twitter @CandMResearch

Click for news details: ..

Browse all Energy and Utilities C&M News ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Mike King
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News


Terms & Conditions | Privacy | About us | Contact