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Corporate Transparency Found Lacking at Pemex, CFE
Featured Mexico GPI
Efforts to improve corporate governance at Mexican national oil company Petróleos Mexicanos (Pemex) and state power utility Comisión Federal de Electricidad (CFE) have been largely unsuccessful and could be further hindered by recently introduced legislation, according to a new report by think tank Mexico Evalua. Read More
Bloomberg-governance-disclosure-scores-for-various-iocs-and-nocs-20190215-1

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NGI's Mexico GPI

February 15, 2019

Frigid Temps Boost Natural Gas Futures, Cash Prices

  • Nymex natural gas futures strip gains as weather models see colder end to February
  • Span of wintry temperatures could expand storage deficits before end of March, but analysts not concerned
  • Spot gas prices mixed, but substantial gains seen in regions expected to see chilliest weather
  • AECO slips, but relative strength so far this winter not seen lasting
Bloomberg-Governance-Disclosure-Scores-for-Various-IOCs-and-NOCs-20190215 (1)

Corporate Transparency Found Lacking at Pemex, CFE

Efforts to improve corporate governance at Mexican national oil company Petróleos Mexicanos (Pemex) and state power utility Comisión Federal de Electricidad (CFE) have been largely unsuccessful and could be further hindered by recently introduced legislation, according to a new report by think tank Mexico Evalua.
EIAStorage020819

Weather Models Have More to Prove as Natural Gas Futures Steady

  • March Nymex futures down 0.2 cents to $2.573; April down 1.1 cents to $2.610
  • EIA’s 78 Bcf withdrawal “quite loose and in itself will not inspire a rally”: Bespoke’s Meisel
  • Technical support coming into play as prices test the $2.50 area, says EBW’s Weissman
  • Midday GFS data somewhat colder but “likely isn’t going to be enough to intimidate,” says NatGasWeather
Valley-Crossing-Pipeline-2016080313111

Texas Ups Natural Gas Export Capacity into Mexico as FERC OKs Valley Crossing Marine Hookup

Enbridge Inc.’s underwater border crossing in the Gulf of Mexico (GOM), which will connect Texas natural gas to Mexico markets, has been given the green light by FERC to begin service.
EIAStorage0208

Natural Gas Rally Grinds to Halt on Milder-Trending Outlooks; Spot Gas Slips

  • Milder-trending weather model ends two-day natural gas futures rally
  • Cold still on tap for weekend, next week
  • Spot gas slips further ahead of weekend cold blast
  • BREAKING: EIA reports a 78 Bcf storage withdrawal for the week ending Feb. 8
TransCanada-Tula-V-Reyes-and-Tuxpan-Tula-Pipelines-20190211

López Obrador, CRE Spar Over Mexico Natural Gas Pipeline Contracts

Mexico’s Comisión Reguladora de Energía (CRE) on Tuesday denied a series of accusations made against it regarding construction delays to seven natural gas pipeline systems by President Andrés Manuel López Obrador and the CEO of state power utility Comisión Federal de Electricidad (CFE), Manuel Bartlett.

Another Colder Shift in Weather Sends Natural Gas Futures Higher as Spot Gas Slips

  • Colder-trending American weather model boost natural gas futures, but European model turns milder
  • Market still comfortable in storage outlook, even with colder February
  • Spot gas slips as mostly mild weather on tap before weekend cold blast
  • Permian Basin flows to resume following pipeline repairs

3D"Sign

NGI's Bidweek Alert Day 5 - January 31st for February 2019
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 -- -0.1250 to -0.1100
Texas Eastern S. TX -- -0.1000 to -0.0900
Transco Zone 1 -- --
East Texas
Carthage -- -0.1775 to -0.1650
Houston Ship Channel 3.080 to 3.105 --
Katy -- --
NGPL TexOk -- -0.1900 to -0.1700
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.650 to 2.400 --
El Paso - Keystone Pool 1.650 to 1.830 --
El Paso - Plains Pool 2.400 to 2.400 --
El Paso - Waha Pool 1.700 to 1.700 --
Transwestern 1.800 to 1.900 --
Transwestern - Central 1.850 to 1.900 --
Transwestern - W. TX 1.800 to 1.800 --
Waha 1.610 to 1.850 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 3.010 to 3.370 0.1500 to 0.1500
Chicago - Nicor Gas 3.010 to 3.280 --
Chicago - NIPSCO 3.020 to 3.370 0.1500 to 0.1500
Chicago - North Shore -- --
Chicago - Peoples 3.270 to 3.275 --
Consumers Energy -- -0.0300 to 0.0100
Dawn 2.765 to 3.150 -0.0025 to 0.1000
Emerson 2.840 to 2.840 0.1000 to 0.1500
Joliet -- --
Lebanon -- --
Michigan Consolidated -- -0.0950 to -0.0850
NGPL Amarillo Mainline -- --
Parkway/Union 3.060 to 3.175 0.1125 to 0.1725
REX Zone 3 Delivered -- -0.1000 to -0.0700
REX into ANR - Shelby -- -0.0700 to -0.0700
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- -0.1000 to -0.1000
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW -- -0.2300 to -0.2300
Enable East -- -0.0900 to -0.0650
Enable West -- --
NGPL Midcontinent 2.405 to 2.515 -0.4600 to -0.4600
Northern Border Ventura -- --
Northern Natural Demarc 2.870 to 3.165 --
Northern Natural Ventura 3.150 to 3.945 0.2700 to 0.2700
OGT 2.670 to 2.670 -0.5200 to -0.4700
Panhandle Eastern 2.650 to 2.935 -0.3300 to -0.2650
Southern Star -- -0.2600 to -0.1800
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1525 to -0.1500
Trunkline Zone 1A -- -0.1500 to -0.1350
South Louisiana
ANR SE -- -0.1050 to -0.0850
Columbia Gulf Mainline 2.690 to 2.690 -0.1600 to -0.1425
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- -0.0025 to 0.0050
Southern Natural -- -0.0700 to -0.0550
Tennessee Line 500 -- -0.0750 to -0.0700
Tennessee Line 800 -- -0.1000 to -0.0900
Texas Eastern E. LA -- -0.1100 to -0.1000
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0625 to -0.0600
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.0550 to -0.0250
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0575 to -0.0400
Transco Zone 5 -- 1.0500 to 2.7000
Transco Zone 5 North -- 1.0500 to 2.5000
Transco Zone 5 South -- 1.0500 to 2.7000
Appalachia
Columbia Gas -- -0.2300 to -0.1950
Dominion North -- -0.2100 to -0.1600
Dominion South -- -0.2675 to -0.1900
Leidy Hub -- --
Millennium East Pool -- -0.2000 to -0.1200
Tenn Zone 4 200L -- -0.1800 to -0.1500
Tennessee Zn 4 313 Pool -- -0.2400 to -0.2400
Tennessee Zn 4 Marcellus -- -0.2400 to -0.2200
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.3100 to -0.2025
Texas Eastern M-3, Delivery -- 1.0900 to 2.5500
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.2000 to -0.1400
Northeast
Algonquin Citygate -- 4.0000 to 5.6000
Algonquin Citygate (non-G) -- 4.0000 to 5.6000
Algonquin Receipts -- --
Iroquois Zone 2 -- 4.7000 to 4.7500
Iroquois, Waddington 3.550 to 3.615 0.6750 to 0.7800
Niagara -- --
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 -- 0.9500 to 2.6000
Transco Zone 6 non-NY North -- 0.9500 to 2.6000
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- 2.4000 to 4.8000
Rocky Mountains
Cheyenne Hub 2.740 to 2.890 --
CIG 2.770 to 3.005 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso San Juan 2.670 to 2.780 --
Kern River 3.340 to 3.410 --
Kingsgate -- --
Northwest S. of Green River 2.800 to 2.820 --
Northwest Sumas 3.500 to 4.100 --
Northwest Wyoming Pool -- --
Opal 3.370 to 3.650 --
Questar -- --
Stanfield -- --
Transwestern San Juan -- --
White River Hub 2.850 to 2.850 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 4.000 to 4.100 --
California
Malin 3.350 to 3.480 --
PG&E Citygate 3.550 to 3.750 --
SoCal Citygate 4.500 to 5.000 --
Southern Border, PG&E 2.850 to 2.930 --
Southern Border, SoCal 2.720 to 4.100 --
SoCal Border Avg. 2.720 to 4.100 --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg 3.100 to 3.300 --
SoCal Border - Kern River Station 4.050 to 4.050 --
SoCal Border - Kramer -- --
SoCal Border - Needles 2.720 to 2.720 --
SoCal Border - Topock -- --
SoCal Border - Wheeler Ridge 3.720 to 4.100 --
Canada
Alliance (APC) - ATP -- --
Empress 2.830 to 3.110 --
NOVA/AECO C 1.860 to 2.320 --
Westcoast Station 2 1.205 to 1.310 --
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.





© NGI's Mexico Gas Price Index: ISSN 2577-9966