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. January 2023 brings with it new hope for Mexico’s natural gas industry. It is an illusion to think that the environment for…
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Wave of Long-Term European LNG Contracts Seen Likely This Year
European LNG offtakers in 2023 are expected to continue the flurry of contracting activity that closed out 2022, as more import infrastructure comes online, larger buyers recapitalize and policies become clearer. Since November, European buyers including Engie SA, Galp Energia SGPS SA, Ineos Group Ltd. and RWE AG have signed deals to buy U.S. liquefied…
January 6, 2023
Are Higher Canada AECO Natural Gas Prices a Pipe Dream?
Discounted pricing at the NOVA/AECO C natural gas hub in Southern Alberta is likely to remain a fact of life over the near term, even if pipeline expansions and LNG exports in Western Canada come online as scheduled, according to experts. Abundant gas supply from the Western Canadian Sedimentary Basin (WCSB) and limited egress capacity…
January 5, 2023
China Seen as Wildcard for Global Natural Gas Market in 2023
China’s thirst for LNG is likely to rebound in 2023, which could exacerbate the global energy crunch, but to what extent the country returns to the spot market remains unclear as it continues to grapple with Covid-19. China has eased restrictions aimed at curbing the spread of the virus. Those measures limited economic activity and…
December 22, 2022
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