The Texas state authorities have banned natural gas exports from the state in the wake of freezing conditions that have boosted demand and compromised infrastructure. That’s led Mexico’s Economy Minister, Tatiana Clouthier, to call for the U.S. to “avoid industry being affected and to guarantee natural gas supply into Mexico”. A USMCA dispute reference and / or new regulations from the Mexican government are possible. Texas accounted for 70.0% of U.S. natural gas exports in 2020 with 22.8% of total U.S. exports going to Mexico. The U.S. meanwhile accounted for ...
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