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Mexico Looks to Boost US Gas Storage

NATURAL GAS

Mexico is in talks with US storage providers to create a strategic gas reserve for emergencies according to the country’s state power utility.

  • "We're aware that a low-temperature event is possible," Aniel Altamirano, deputy chief executive officer of CFE International, a unit of power utility Comision Federal de Electriciad (CFE), said.
  • "What we're evaluating right now are storage options in the United States to reinforce our strategy," he added.
  • Mexico relies on the United States to meet about 80% of domestic gas demand.

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