RELEVANT NEWS

Mexico lacks a network of pipelines to bring natural gas to the entire national territory, which limits the country’s possibilities for generating, attracting, and retaining investment and talent in high-value-added sectors, according to the Mexican Institute for Competitiveness (IMCO).

“Mexico has the potential to be one of the main beneficiaries of the relocation of global value chains, known as nearshoring. However, to take advantage of this opportunity, the country requires competitive energy infrastructure,” said the research center in a statement regarding its research “No natural gas, no nearshoring”.

The access and use of natural gas have an impact on economic growth since they directly impact the cost of production of goods and services, so it is necessary to expand the coverage of gas pipelines to regions that do not have access to the fuel, said the institute.

Despite the fact that between 2011 and 2022 the length of the gas pipeline network grew by more than 50%, natural gas transportation infrastructure is still insufficient to guarantee supply in certain regions of the country, such as the south-southeast, which contributes, in part, to the industrial deficit and low competitiveness of the region, according to IMCO.