Story of the day
NFE Expects First Cargo From Offshore Mexico LNG Project in June
Markets
Production Cuts Sustain Natural Gas Futures Rally; Pipeline Maintenance Hammers Waha Cash Prices
Natural gas futures on Tuesday notched a fourth-straight day of gains – albeit barely – on maintenance-induced reductions to already lower production activity. At A Glance: Production hits May low Weather forecasts mixed LNG steadies above 12 Bcf/d Coming off a cumulative gain of more than 25 cents over the prior three sessions, the June…
May 7, 2024Mexico
Mexico Natural Gas Imports Seen Breaking Records During Next Administration
Mexico’s dependency on the United States for natural gas supplies is expected to continue to rise and hit record levels during the country’s next presidential administration from 2024-2030, according to Adrián Duhalt, a research scholar at Columbia University’s Center on Global Energy Policy. Mexico’s natural gas imports via pipeline have averaged 6.08 Bcf/d year-to-date through…
May 7, 2024Markets
Natural Gas Futures Extend Rally as Supply/Demand Catalysts Align; Spot Prices Mixed
Natural gas futures continued their winning ways on Monday, advancing for a third straight day amid supply curtailments, improving LNG levels and forecasts for late-May heat. At A Glance: Production hovers at 97.5 Bcf/d Feed gas volumes add strength NGI models 77 Bcf storage build After gaining more than 20 cents over the final two…
May 6, 2024Mexico
Mexico’s Next Government Needs to Reinforce Competitive Market for Energy Security — Column
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. As Mexico prepares for its pivotal elections in June, energy policy has acquired a special place in public discourse. In the second…
May 6, 2024Trending News
