[Context: Multiple PE-backed midstream companies are targeting Mexico’s energy perestroika. NET Midstream, backed by ArcLight Capital, achieved a $2.1bn exit in October 2015 by selling its US-to-Mexico border pipeline to NextEra Energy Partners . Howard Energy Partners is also targeting Mexico with plans to build a natural gas pipeline.]
December 1, 2016
U.S. pipeline capacity for natural gas exports to Mexico has rapidly expanded in the past few years and currently stands at 7.3 billion cubic feet per day (Bcf/d). This existing cross-border capacity primarily supplies the Northeast and Central regions of Mexico. New capacity projected to be completed in the next several years will help to supply Mexico’s Central and Northwestern regions.