Mexico

North American natural gas futures worked their way above $2.00/MMBtu this week amid tighter U.S. production and storage levels. Mexico imports, meanwhile, of U.S. natural gas have started to hit their stride in the lead-up to summer. Over the last 10 days, Mexico imported 7.38 Bcf/d of natural gas via pipeline from the United States,…

Markets

Amid continued downward pressure from excess storage inventories, and with cooling demand yet to ramp up in earnest, regional natural gas forwards drifted lower during the April 25-May 1 trading period, according to NGI’s Forward Look. June fixed prices at Henry Hub exited the period at $1.939/MMBtu, down 4.6 cents week/week. In line with the…

International

A roundup of news and commentary from the global gas market Egypt has secured a floating storage and regasification unit from Höegh LNG Holdings Ltd. to secure more natural gas imports to the energy-hungry country as the outlook for its exports to the global market dims. Egyptian Natural Gas Holding Co. has brokered a deal…

Markets

Buoyed by higher volumes flowing to a major export terminal and continued production weakness, natural gas futures were rallying through midday trading Thursday. Here’s the latest: June Nymex futures up 10.4 cents to $2.036/MMBtu as of 2:25 p.m. ET, back in line with Monday’s close Production off to slow start for May, estimates show Wood…