The imbalance between natural gas production and gas consumption in Mexico “has already arrived at critical levels,” according to Raul Munoz, CEO of Petroleos Mexicanos (Pemex). Munoz, as point man for President Vicente Fox’s administration, is working to convince opponents that private investment is the best answer to ensuring Mexico’s energy future.
Deficit
Articles from Deficit
FERC’s Breathitt ‘Wary’ of More Pipe Expansions to CA
Because of a deficit in the level of in-state pipeline capacity to accommodate natural gas deliveries to southern California, FERC Commissioner Linda Breathitt thinks the Commission should think twice before it approves anymore applications for expanded interstate pipeline capacity to that market.
Return of ‘Lost Demand’ Key to Future Gas Prices
As natural gas storage levels recently erased the long-standing deficit when compared to last year’s levels, turning it into a surplus for the first time since January 2000, analysts are being forced to take another look at their natural gas price forecasts for the remainder of 2001 and for 2002.
SSB, Lehman See Return of ‘Lost Demand’ Key for Prices
As natural gas storage levels last week erased the long standing deficit when compared to last year’s levels, turning it into a surplus for the first time since January 2000, analysts are being forced to take another look at their natural gas price forecasts for the remainder of 2001 and for full year 2002.