Mexico
Mexico is highly dependent on the U.S. for gas. Fast deployment of solar and wind could cut costs and minimise energy security risk, according to a new report.
Big LNG plans on Mexico’s Pacific Coast could make it the fourth-largest exporter but would worsen climate change and damage one of the world’s most biologically diverse marine environments.
Mexico will soon open an export pathway for low-cost U.S. gas to reach high-paying Asian markets, but policy questions on both sides of the border may be narrowing the near-term scope of the Mexican route.
A potential Mexico LNG export boom awaits. But while two small projects move forward, much larger proposals face financial and regulatory risk.