The U.S. shale boom has an unexpected new beneficiary: Mexico. Mexican demand for U.S. gas exports increased by 92% over the last 5 years. And with major new projects on the table, America’s southern neighbor could make up some 10% of U.S. production in the coming years – and become a big driver in marginal demand Exports from south Texas exit points have grown by 600%, or 240 Bcf/year, since 2009. At the same time, exports from all other U.S. exit points have increased by only 15%, or 43.5 Bcf/year.
The south Texas exits draw gas mainly from the Eagle Ford shale play, the southernmost of all the major shale gas basins in America.