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US-Mexico Gas Exports Hit 2026 Peak Near 7.9 Bcf/d in August, Wood Mackenzie Says

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US natural gas pipeline exports to Mexico are averaging nearly 7.9 billion cubic feet per day in August, marking a 2026 high, Wood Mackenzie said in a Tuesday note.

West Texas and South Texas flows drove the monthly record, with both regions reaching all-time highs in average and single-day volumes.

West Texas neared 2.3 Bcf/d on Aug. 13, South Texas flows surpassed 5.4 Bcf/d on Aug. 26. Natural gas used for power generation, the main demand driver, reached a monthly record of above 5.8 Bcf/d in August.

Wood Mackenzie expects Mexico-bound pipeline exports to reach their 2026 peak, with volumes remaining strong in early September before seasonal factors begin to push flows lower.

Cooling demand should ease as temperatures moderate, while maintenance during the shoulder season and softer holiday demand could further reduce gas and power consumption across Mexico.

"August's record Mexport flows reflect both the structural growth of Mexico's gas-fired power sector and the intensity of this year's cooling season," Ricardo Falcon, research manager for Mexico natural gas at Wood Mackenzie, said.

"With temperatures set to moderate and maintenance windows opening, we expect volumes to ease from here. The medium-term trajectory, however, remains upward as Mexico's combined-cycle fleet continues to expand," Falcon added.

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