Featured Story

Q&A with Miriam Grunstein on Mexico’s Natural Gas Market Development
Featured Mexico GPI
Q&A with Miriam Grunstein on Mexico’s Natural Gas Market Development

View Archived Issues

NGI's Mexico GPI

February 14, 2020

Grunstein.png

Q&A with Miriam Grunstein on Mexico’s Natural Gas Market Development

This 23rd Q&A in the series is with Miriam Grunstein, chief energy counsel at Brilliant Energy Consulting and nonresident scholar at Rice University’s Baker Institute for Public Policy, at the institute’s Center for the United States and Mexico.
storage0207.png

Bullish EIA Storage Miss Not Enough to Rally Natural Gas Futures

  • March Nymex futures down 1.8 cents to $1.826/MMBtu; April down 1.8 cents to $1.856
  • EIA-reported 115 Bcf withdrawal “quite tight when adjusting for weather,” says Bespoke
  • “It would help if the Feb. 22-26 period looked a little colder, but the balance is much tighter”: NatGasWeather
RioGrande0213

In Positive for Mexico, EIA Forecasts Even Lower U.S. Natural Gas Prices

U.S. natural gas prices, to which a majority of gas transactions in Mexico are linked, remain bogged down and are likely to average just $2.21/MMBtu this year, despite an expected upturn beginning in the second quarter, according to the Energy Information Administration (EIA).
storage0207.png

‘Rare’ Colder Shift in Weather Models Drives Gain for Natural Gas Futures

  • Weather models shift much colder, lift Nymex natural gas futures
  • EIA reports 115 Bcf storage withdrawal, boosting surplus over five-year average
  • Cash rallies as cold blast set to move eastward
Andres-Manuel-Lopez-Obrador-20190404

Mexico Experts Fear Energy Industry Talent Loss Following Austerity Law

After hundreds of members of Mexico’s energy sector resigned or were laid off from government posts following the appointment of President Andrés Manuel López Obrador in December 2018, industry insiders fear another exodus of qualified experts is soon to follow.

Natural Gas Futures Post Modest Recovery Despite Major Drop in LNG Intake

  • Natural gas futures take breather, hover not far above four-year low
  • LNG feed gas deliveries crater amid work at multiple export terminals
  • Cash prices steady as weather systems heads east
Brownsville.png

Tamaulipas State Said ‘Open for Business,’ as Governor Calls for Return of Natural Gas Bid Rounds

Mexico’s Tamaulipas state is “open for business,” Gov. Francisco Javier García Cabeza de Vaca said Friday, citing the state’s immense unconventional natural gas and oil resources, pipeline and port infrastructure, geographic location, and recent progress in improving security.

3D"Sign

NGI's Bidweek Alert Day 5 - January 31st for February 2020
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce -- --
Florida Gas Zone 1 -- --
NGPL S. TX -- --
Tennessee Zone 0 South -- -0.1100 to -0.1050
Texas Eastern S. TX -- --
Transco Zone 1 -- -0.0750 to -0.0700
East Texas
Carthage -- --
Houston Ship Channel -- -0.0650 to -0.0650
Katy -- --
NGPL TexOk -- -0.1575 to -0.1450
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 0.050 to 1.220 --
El Paso - Keystone Pool 0.120 to 0.525 --
El Paso - Plains Pool 1.110 to 1.220 --
El Paso - Waha Pool 0.050 to 0.450 --
Transwestern 0.200 to 0.400 --
Transwestern - Central 0.305 to 0.400 --
Transwestern - W. TX 0.200 to 0.400 --
Waha 0.050 to 0.550 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 1.805 to 1.945 --
Chicago - Nicor Gas 1.850 to 1.935 --
Chicago - NIPSCO 1.805 to 1.945 --
Chicago - North Shore -- --
Chicago - Peoples -- --
Consumers Energy 1.815 to 1.815 -0.0900 to -0.0850
Dawn 1.705 to 1.820 -0.1250 to -0.0800
Defiance -- -0.1700 to -0.1700
Rover-ANR -- -0.1700 to -0.1700
Rover-Panhandle -- --
Emerson -- -0.0750 to -0.0400
Joliet -- --
Lebanon -- -0.1250 to -0.1250
Michigan Consolidated -- -0.1550 to -0.1250
NGPL Amarillo Mainline 1.710 to 1.740 --
Parkway/Union 1.810 to 1.810 -0.0500 to -0.0450
REX Zone 3 Delivered -- -0.1525 to -0.1250
REX into ANR - Shelby -- -0.1525 to -0.1250
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- -0.1500 to -0.1450
REX into PEPL - Putnam -- -0.1400 to -0.1400
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 1.680 to 1.680 --
Enable East -- -0.2525 to -0.2050
NGPL Midcontinent 1.410 to 1.450 -0.5200 to -0.5200
Northern Border Ventura -- --
Northern Natural Demarc 1.800 to 1.810 -0.0300 to -0.0250
Northern Natural Ventura 1.870 to 2.020 --
OGT 1.445 to 1.445 -0.4500 to -0.4500
Panhandle Eastern 1.440 to 1.490 -0.4700 to -0.4350
Southern Star -- -0.2600 to -0.2600
North Louisiana/Arkansas
Perryville -- -0.1000 to -0.1000
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1450 to -0.1450
Trunkline Zone 1A -- -0.1625 to -0.1300
South Louisiana
ANR SE -- -0.0725 to -0.0700
Columbia Gulf Mainline -- -0.1600 to -0.1425
Columbia Gulf onshore -- -0.0700 to -0.0650
Florida Gas Zone 2 -- --
Henry Hub -- -0.0025 to -0.0025
Southern Natural -- -0.0725 to -0.0625
Tennessee Line 500 -- -0.0800 to -0.0650
Tennessee Line 800 -- -0.1200 to -0.1100
Texas Eastern E. LA -- -0.1000 to -0.1000
Texas Eastern W. LA -- -0.0700 to -0.0650
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0500 to -0.0450
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.0050 to 0.0200
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0325 to -0.0275
Transco Zone 5 -- 0.2800 to 0.5800
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.2800 to 0.5800
Appalachia
Columbia Gas -- -0.3500 to -0.3300
Dominion North -- -0.4200 to -0.4000
Dominion South -- -0.4400 to -0.3950
Leidy Hub -- --
Millennium East Pool -- -0.3500 to -0.3400
Tenn Zone 4 200L -- -0.2200 to -0.2000
Tennessee Zn 4 313 Pool -- -0.3900 to -0.3750
Tennessee Zn 4 Marcellus -- -0.4000 to -0.3750
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.4450 to -0.4000
Texas Eastern M-3, Delivery -- 0.1500 to 0.4200
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.4200 to -0.2800
Northeast
Algonquin Citygate -- 1.0000 to 1.5750
Algonquin Citygate (non-G) -- 1.0000 to 1.5750
Algonquin Receipts -- --
Iroquois Zone 2 -- 1.1000 to 1.5000
Iroquois, Waddington -- 0.4700 to 0.7000
Niagara -- -0.0250 to -0.0100
Tenn Zone 5 200L -- --
Tenn Zone 5 200L East -- --
Tenn Zone 5 200L West -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- --
Tenn Zone 6 200L North -- --
Tenn Zone 6 200L South -- --
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- 0.2000 to 0.4500
Transco Zone 6 non-NY North -- 0.2000 to 0.4500
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- 0.3500 to 0.8000
Rocky Mountains
Cheyenne Hub 1.620 to 1.655 --
CIG 1.605 to 1.650 --
CIG DJ Basin -- --
El Paso Bondad 1.600 to 1.600 --
El Paso San Juan 1.550 to 1.630 --
Kern River 1.890 to 2.030 --
Kingsgate -- --
Northwest Rockies 1.620 to 1.660 --
Northwest S. of Green River 1.620 to 1.660 --
Northwest Sumas 1.895 to 2.100 --
Northwest Wyoming Pool -- --
Opal 1.920 to 2.050 --
Questar -- --
Stanfield -- --
Transwestern San Juan 1.600 to 1.600 --
White River Hub 1.660 to 1.710 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.375 to 2.550 --
California
Malin 1.915 to 2.060 --
PG&E Citygate 2.690 to 2.790 --
SoCal Citygate 3.350 to 3.530 --
Southern Border, PG&E 1.620 to 1.700 --
Southern Border, SoCal 1.650 to 2.500 --
SoCal Border Avg. 1.650 to 2.500 --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg 2.150 to 2.390 --
SoCal Border - Kern River Station 2.350 to 2.350 --
SoCal Border - Kramer 2.430 to 2.500 --
SoCal Border - Needles 1.700 to 1.700 --
SoCal Border - Topock 1.650 to 1.650 --
SoCal Border - Wheeler Ridge 2.440 to 2.440 --
Canada
Alliance (APC) - ATP -- --
Empress 1.780 to 1.990 --
NOVA/AECO C 1.740 to 1.975 --
Westcoast Station 2 1.900 to 1.925 --
NOTE: Both the buy and the sell side of transactions are counted in this table, as they are in NGI’s daily, weekly and bidweek natural gas price tables, a standard practice which supports consistency and uniformity across products as explained in our price methodology.