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Natural gas, a key fuel for Latin America

Mexico City, February 14, 2024.-Énestas, a Mexican company specialized in creating competitive access to raw materials and fuels, presents an analysis of the role of natural gas in Latin America. Mexico is one of the largest consumers in the region and is poised to be one of the main exporting countries in the coming years.
  • In Latin America, natural gas accounts for 23.4% of primary energy production.1
  • One of its main uses is power generation to meet the region’s industrial demands,2 since it has a higher energy yield than other fuels.
  • Mexico, Argentina and Brazil lead in consumption, accounting for nearly two thirds of total use in Latin America and the Caribbean.3
  • Natural gas has played an important role in the deployment of the energy transition in Latin America due to its low greenhouse gas emissions. 4
  • In fact, it is estimated that it will surpass coal to be the most widely used fuel by 2040.5
  • In its “liquid or liquified” version, it is also the most efficient way to reach all those areas that do not have pipeline access. This ensures supply and distribution and boosts the economic development of the region’s countries.
  • • In Mexico, according to the National Hydrocarbons Commission (CNH), natural gas production is expected to reach 4,083 million cubic feet per day (MCFPD) by 2024, while imports are expected to reach 6,742 MCFPD.5

1-2, 4 The Gas Industry in Latin America and the Caribbean (PODER) https://poderlatam.org/wp-content/uploads/2023/04/InformeGas_PODER_Espanol.pdf

3Asociación de Empresas de Gas Natural (AGN) https://www.agnchile.cl/opinion/

5 Global Gas Outlook 2050. Gas Exporting Countries Forum (GECF) https://www.gecf.org/_resources/files/pages/gecf-global-gas-outlook-2050/gecf-gas-outlook-2022.pdf

6 Gas Natural y Seguridad Nacional: un Reto para México. Comisión Nacional de Hidrocarburos https://www.gob.mx/cms/uploads/attachment/file/485717/05-El_Gas_Natural_y_Seguridad_Nacional.pdf

About Énestas

Énestas is a Mexican company specialized in building the infrastructure and logistics necessary to safely, ecologically and efficiently transport raw materials and fuels. Its main objective is to contribute to the development of the countries where it is located, through three business units: terminals, stations and pipeline trading.

Press contact:

Énestas:

Alberto Farias
Cel. +(52) 55 4884 7270
alberto.farias@enestas.com.mx

PRP

Daniel Bernal
Cel. +(52) 55 8230 7072
daniel.bernal@prp.com.mx

Jimena Alcalá
Cel. +(52) 55 1016 1147
jimena.alcala@prp.com.mx

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Acerca de Énestas

Énestas es una empresa mexicana especializada en construir la infraestructura y logística necesaria para llevar de manera segura, ecológica y eficiente las materias primas y combustibles. Su principal objetivo es contribuir al desarrollo de México, a través de tres modelos de negocios: terminales, estaciones fijas y móviles, y comercialización por medio de ducto.
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