CARLSBAD, N.M. — New Mexico is the newest member of an international initiative focused on expanding the export potential of American natural gas while balancing environmental goals.
The Western States and Tribal Nations group recently announced the addition of New Mexico, saying the state would be a strong advocate for rural economies and environmentally sound production.
As part of the initiative, the group is working to establish export markets such as Asia for liquefied natural gas sourced from basins in western North America. Another focus has been building up the infrastructure needed to connect those basins to the export supply chain.
New Mexico is among the top 10 natural gas producers in the U.S., the Carlsbad Current Argus reported. According to the federal Energy Information Administration, the state has more than 4% of the nation’s total proved natural gas reserves.