U.S. Shale Glut Means Gas Shortage for Mexican Industry: Energy
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Mexico has begun cutting natural gas supplies to some of its largest customers by as much as 45 percent of their orders to cope with ballooning demand from households to steelmakers such as Ternium SA and ArcelorMittal.
Monopoly supplier Petroleos Mexicanos, known as Pemex, started reductions on a case-by-case basis as the government studies forcing the measure on all companies. Pemex has increased imports from the U.S. to records this year as its state-owned pipelines run at about 95 percent of capacity.