Mexico marine pipeline

Mexico Touts Multi-Billion Dollar Public-Private Natural Gas Projects

Amid a global energy crunch, Mexico is set to go all in on natural gas with numerous public-private projects announced over the past week. Speaking at the launch of the Olmeca refinery in Dos Bocas, Comisión Federal de Electricidad (CRE) head Manuel Bartlett said the utility would partner with the local subsidiary of Canada’s TC…

Natural Gas Futures Recover Some Losses, but Further Downside Possible

In the aftermath of last week’s heavy sell-off, natural gas futures were trading lower early Tuesday as forecasts shed cooling demand over the weekend. The August Nymex contract was off 35.5 cents to $5.375/MMBtu as of around 8:45 a.m. ET. After a brutal slashing, natural gas bulls licked their wounds and managed to churn out…

July 5, 2022

COLUMN: With Mexico Market Rule Change, Natural Gas Users Could Lose Out

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The decision by Mexico’s Energy Ministry (Sener) to require users to source imported gas from state companies upends a long process of…

July 1, 2022

Natural Gas Futures Take Beating, Drop $1-Plus on Storage, Freeport News

Natural gas futures took one (actually two) on the chin Thursday as a larger-than-expected storage injection and an update regarding the Freeport liquefied natural gas (LNG) outage sent prices tumbling to levels not seen in months. The August Nymex futures contract plummeted $1.074 to $5.424/MMBtu. September lost $1.101 cents to land at $5.392. Spot gas…

July 1, 2022

North American Natural Gas Prices Continue Slide; Traders Uncertain on New Rules – Mexico Spotlight

North American natural gas prices lost more than three dollars in June after an explosion at the Freeport liquefied natural gas (LNG) plant early in the month knocked the facility offline. August took over as the front month contract for New York Mercantile Exchange futures this week and prices continued to be pressured downwards. On…

June 30, 2022