imports/exports

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
Latin America Sees Sharpest Decline in LNG Imports Amid Pandemic, Data Show

Latin America Sees Sharpest Decline in LNG Imports Amid Pandemic, Data Show

Imports of liquefied natural gas (LNG) to Latin America fell by 4.2 million tons (Mt), or 32%, during January-September versus the same period in 2019 as the coronavirus ravaged the region’s economies, according to new analysis by data intelligence firm Kpler. Latin America has seen a particularly sharp decline this year compared to other LNG-importing…

October 19, 2020
U.S. Power Sector Fueled Record Year for Natural Gas in 2019

U.S. Power Sector Fueled Record Year for Natural Gas in 2019

Driven by demand from the electric power sector, the United States set new records in natural gas production, consumption and gross exports in 2019, the U.S. Energy Information Administration (EIA) reported Monday. In its Natural Gas Annual report, EIA said 2019 gas consumption increased 3%, led by a 7% increase in power sector demand that…

October 5, 2020
Column: Covid-19 Means Less Strain on Mexican Gas and Power Systems, and Proves Reliability of Imports

Column: Covid-19 Means Less Strain on Mexican Gas and Power Systems, and Proves Reliability of Imports

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. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

October 2, 2020
Mexico Natural Gas Imports Touch Historic High in September Despite Pandemic

Mexico Natural Gas Imports Touch Historic High in September Despite Pandemic

Pipeline natural gas flows from the United States to Mexico have averaged an estimated 6.2 Bcf/d so far in September, up from 5.5 Bcf/d in full-month September 2019, according to Genscape inc. “Barring backward revisions from any of the major pipelines we monitor, this figure already sets a new historical record in monthly volumes,” Genscape’s…

September 28, 2020
U.S. Oil Exports Decline Amid Pandemic, Demand Destruction, EIA Says

U.S. Oil Exports Decline Amid Pandemic, Demand Destruction, EIA Says

After setting a record in February, U.S. oil exports declined over four consecutive months amid the shocks of the coronavirus pandemic, the U.S. Energy Information Administration (EIA) said. Demand dropped in March and in the three ensuing months as countries across the globe initiated measures to limit virus outbreaks. With travel and overall activity limited,…

September 22, 2020
Mexico Poised to Ramp Up Ethane Imports Amid Insufficient Local Supply

Mexico Poised to Ramp Up Ethane Imports Amid Insufficient Local Supply

Mexico will need to build out infrastructure to import ethane in order to keep its petrochemicals industry afloat amid insufficient domestic natural gas production, according to local experts. President Andrés Manuel López Obrador’s recent call to renegotiate or even cancel an ethane supply agreement between state oil company Petróleos Mexicanos (Pemex) and the Etileno XXI…

August 27, 2020
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