imports/exports

Canada Natural Gas Exports in U.S. Fall Sharply in 2020 on Lower Prices, Demand

Canada Natural Gas Exports in U.S. Fall Sharply in 2020 on Lower Prices, Demand

Canadian natural gas export volumes and revenues both shrank last year, according to trade records compiled by the Canada Energy Regulator (CER). Pipeline deliveries to the United States dropped by 8% to 6.8 Bcf/from 7.4 Bcf/d in 2019. Canadian gas export revenues plunged by 24% to C$6.9 billion ($5.5 billion) last year from C$9.1 billion…

March 30, 2021
Abbott Nixes Gas Exports Outside of Texas as Mexico Already Facing Cold-Induced Supply Crunch

Abbott Nixes Gas Exports Outside of Texas as Mexico Already Facing Cold-Induced Supply Crunch

A clearer picture was emerging on Wednesday of a massive natural gas shortage facing Mexico amid the extreme cold gripping Texas, Mexico’s main source for the fuel. The supply shortfall was punctuated by a late-breaking announcement Wednesday from Texas Gov. Greg Abott that he was prohibiting the sale of natural gas produced in Texas outside…

February 17, 2021
Kinder Morgan Sees LNG at Center of Midstream Expansions

Kinder Morgan Sees LNG at Center of Midstream Expansions

Kinder Morgan Inc. (KMI) continued to improve its balance sheet in the final three months of 2020, but the company is toeing the line when it comes to spending this year, focusing on projects supporting the rampant growth in exports. Speaking during a conference call Wednesday, CEO Steven Kean said 2020 “has shown us how…

January 21, 2021
Mexico Natural Gas Players Call for More Connectivity, Independent Price Indexes

Mexico Natural Gas Players Call for More Connectivity, Independent Price Indexes

Mexico’s natural gas market has made tremendous strides in recent years, but more connectivity and independent price indexes are needed, according to some of the country’s most important pipeline operators and trading houses. NGI’s Christopher Lenton, senior editor for Mexico and Latin America, discussed the state of the Mexican market with a group of experts…

January 20, 2021
Higher North American Natural Gas Prices Forecast in 2021 as Demand Outpaces Production

Higher North American Natural Gas Prices Forecast in 2021 as Demand Outpaces Production

Increased industrial energy use, coupled with strong ongoing demand for liquefied natural gas (LNG) exports, could more than offset a gradual rise in production and drive U.S. natural gas prices this year well above the level at which they finished a pandemic-plagued 2020, according to industry experts. A similarly bullish outlook can be expected for…

January 11, 2021
Natural Gas Prices Projected to Jump in 2021 on Strong Export Demand, Moderate Production

Natural Gas Prices Projected to Jump in 2021 on Strong Export Demand, Moderate Production

Increased domestic industrial energy use, coupled with strong and ongoing demand for U.S. exports, could more than offset a gradual rise in production and drive natural gas prices this year well above the level at which they finished a pandemic-plagued 2020, analysts and industry insiders say. Analysts at Raymond James and Associates Inc. estimated gas…

January 7, 2021
Mexico Natural Gas Market Hangs On in Tortuous 2020

Mexico Natural Gas Market Hangs On in Tortuous 2020

Mexico’s natural gas market continued to grow in 2020 despite the chaos wrought by Covid-19 and unease around the government’s state-centric energy policies, underscoring the molecule’s increasing importance to the local economy. Looking back, NGI’s Mexico GPI forecasts last year may have been wildly optimistic. The year started innocently enough, but it took a sharp…

December 17, 2020
Enbridge Proposal to Convert Oil Mainline into Contract Transporter Draws U.S. Support, Canadian Ire

Enbridge Proposal to Convert Oil Mainline into Contract Transporter Draws U.S. Support, Canadian Ire

Enbridge Inc. has exposed a conflict between U.S. refiners and Canadian producers with its proposal to convert the 3 million b/d oil Mainline into a contract transporter for only a few after 70 years as a common carrier for all. Of 15 total conversion supporters, 10 are U.S. refiners or their marketing arms, according to…

December 8, 2020
Mexico to Remain Vital Outlet for U.S. Natural Gas, Veteran Trader Says

Mexico to Remain Vital Outlet for U.S. Natural Gas, Veteran Trader Says

The continued development of Mexico’s natural gas market will be vital for U.S. suppliers over the coming years, according to NAmerico Energy Holdings LLC (NEH) President Jeff Welch. Welch spoke on a virtual panel Tuesday at the LDC Natural Gas Forum 2020. He noted that Mexico’s gas market is still in the nascent stages of…

November 10, 2020
Despite Coronavirus Impacts, U.S. Natural Gas Exports to Mexico Still Climbing

Despite Coronavirus Impacts, U.S. Natural Gas Exports to Mexico Still Climbing

U.S. natural gas exports to Mexico, most of which cross the border via pipeline, have continued to increase in 2020, according to the U.S. Energy Information Agency (EIA). Mexico imports of liquefied natural gas (LNG), meanwhile, have declined every month since March, according to EIA, as pipeline infrastructure comes online offering cheaper alternatives. In early…

October 22, 2020
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