Mex infra projects

Natural Gas Dominates Second Tranche of Mexico’s Public-Private Infrastructure Plan

Energy projects fueled by natural gas dominate Mexico’s second public-private infrastructure plan announced by government and business leaders on Monday.  Worth a total of 228 billion pesos, or around $11 billion, the second package includes 29 projects in energy, telecommunications, roads and water. It is part of a broader infrastructure plan aimed at jumpstarting the…

January Natural Gas Futures Climb as Winter Weather Moves in and Cash Prices Jump

Forecasters predicted colder conditions for early December Liquefied natural gas volumes held near record levels Spot prices soared amid freezing temperatures Natural gas futures climbed Monday as more intense winter weather loomed and forecasters predicted colder temperatures over the first half of December, increasing the likelihood of greater heating demand. The January Nymex contract rose…

December 1, 2020

Mexico Natural Gas Production Flat Amid Surging Pipeline Imports from West Texas

Natural gas production in Mexico was flat year/year at 3.9 Bcf/d in October, according to upstream hydrocarbons regulator Comisión Nacional de Hidrocarburos (CNH). State oil company Petróleos Mexicanos (Pemex) accounted for 3.68 Bcf/d of the total, the same amount it produced in the year-ago month. Dry gas production from Pemex processing centers averaged 2.18 Bcf/d,…

November 30, 2020

December Natural Gas Futures Finish Week on a High Note After EIA Reports Decrease in Storage

Futures rallied throughout the abbreviated trading week EIA reported a pull of 18 Bcf from gas storage The first third of December could be slightly colder than norms With forecasts hinting at the potential for colder temperatures to move into the United States around the middle of December, natural gas futures rebounded in early trading…

November 30, 2020

Private Sector Sees Potential New Opening to Invest in Mexico Energy Sector

Not for the first time, private sector energy leaders are holding high-level talks with senior officials of the current Mexican government in an effort to boost investment in oil, gas and power. This comes after Mexico’s government announced five energy projects worth $5 billion as part of a new public-private infrastructure plan. Four of the…

November 25, 2020