A series of electricity blackouts in the Yucatan region has led Mexican President Andres Manuel Lopez Obrador to commit to “solve the natural gas shortage, which is the source problem behind blackouts”. That may run counter to energy independence targets if it requires a significant increase in natural gas imports. Mexico’s total natural gas imports by CFE and Gas Litoral reached $7.41 billion in the 12 months to May 31, with 78.5% sourced via gas pipelines from the U.S. and the remainder via liquefied natural gas shipping. Total natural gas imports have fallen 25.7% year over year in th...
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