Mexico's Pipeline Boom Fueled by Texas Drillers Moving Natural Gas
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Never mind Mexico’s oil reform. These days, the action is in natural gas.
Since last year, when new laws made it easier for foreign companies to export gas to Mexico, there’s been more than $10 billion of planned or completed pipeline investments announced by companies such as Dallas-based Energy Transfer Partners LP. On Monday, Juno Beach, Florida-based NextEra Energy Partners LP agreed to a $2.1 billion acquisition of closely-held NET Midstream, owner of seven pipelines including a 120-mile stretch that runs from Texas to the Mexican border.