l
WTI: $60.67.
New wells reporting:
- Thursday, January 22, 2026: 34 for the month, 34 for the quarter, 34 for the year,
- None.
- Wednesday, January 21, 2026: 34 for the month, 34 for the quarter, 34 for the year,
- 41292, conf, Hess, GO-Morgan-156-97-1806H-3,
RBN Energy: Mexico's planned gas-fired plants, LNG export capacity driving pipeline projects. Link here. Archived.
Mexico’s still-rising demand for U.S.-sourced natural gas — and new pipelines to deliver it — has been driven almost entirely by the buildout of new gas-fired power plants south of the border. Now, the state-owned Comisión Federal de Electricidad (CFE) is planning another tranche of generating capacity and private-sector companies are developing LNG export capacity, spurring a new round of gas demand and pipeline needs. In today’s RBN blog, we conclude our look at the non-state midstreamers that own and operate gas pipelines in Mexico and discuss the incremental gas demand that may bring them new opportunities.
n Part 1, we noted that U.S. gas exports to Mexico have been rising steadily as new gas pipelines and gas-fired plants come online and that two successive presidential administrations in Mexico have seen the value of having the private sector play a major role in pipeline development — as long as state-owned Cenagas and CFE take the lead in pipeline planning. We also started a review of the leading private-sector companies involved in building new pipelines in Mexico with a look at TC Energy, which owns and operates eight large pipelines there. In Part 2, we reviewed the pipelines and projects of three other companies: Esentia Energy, Grupo Carso and Engie SA.
Today, we’ll look at Sempra Infrastructure and Grupo CLISA, and also discuss the drivers of what will likely be another round of gas pipeline development in Mexico.
Sempra Infrastructure
Sempra Infrastructure develops, owns and operates natural gas pipelines, LNG export terminals and other energy-related infrastructure in the U.S. and Mexico. Sempra Infrastructure is currently 70%-owned by Sempra Energy, the California-based utility giant, with KKR owning a 20% stake and Abu Dhabi Investment Authority (ADIA) owning the remaining 10%. In September 2025, Sempra reached an agreement to sell a 45% stake in the infrastructure company to KKR and Canada Pension Plan Investment Board (CPPIB) for $10 billion in cash. That deal, which is expected to close in either Q2 or Q3 2026, will result in the KKR/CPPIB consortium owning 65% of Sempra Infrastructure, with Sempra holding 25% and ADIA holding 10%.
