imports

Mexico LNG Projects, Power Plants Lack Clear Path to Natural Gas Access, Experts Say

Mexico LNG Projects, Power Plants Lack Clear Path to Natural Gas Access, Experts Say

Mexico has big plans to become an LNG export powerhouse, but it might not have the pipelines or available capacity to do so, according to experts. “Is there enough capacity and pipelines to support these projects? I don’t think so,” said the head of the Gadex consultancy, Eduardo Prud’homme, on Monday at the LDC Gas…

November 14, 2022
North American Natural Gas Futures Kept in Check as West Texas Prices Slump – Mexico Spotlight

North American Natural Gas Futures Kept in Check as West Texas Prices Slump – Mexico Spotlight

Natural gas benchmark prices in North America remained pressured to the downside this week amid mild weather and ample supply. On Thursday, the November New York Mercantile Exchange gas futures contract shed 42.0 cents day/day and settled at $5.186/MMBtu before expiration. The December contract, which takes over the front month on Friday, fell 24.4 cents…

October 27, 2022
West Texas Natural Gas Exports to Mexico Growing Steadily

West Texas Natural Gas Exports to Mexico Growing Steadily

U.S. natural gas exports to Mexico via West Texas are once again heading upward this year, according to analysis by the U.S. Energy Information Administration (EIA). Exports from West Texas “have grown steadily in recent years, doubling from 0.6 Bcf/d in 2019 to 1.2 Bcf/d in 2021 as more connecting pipelines in Central and Southwest…

August 22, 2022
Chinese LNG Imports to Tumble 14% By Year’s End, Says Wood Mackenzie

Chinese LNG Imports to Tumble 14% By Year’s End, Says Wood Mackenzie

Global energy researchers are forecasting China, the world’s largest LNG importer, is on track to record the largest year-to-year drop in volumes since it started importing the super-chilled gas. Citing unprecedented liquefied natural gas market volatility and inflationary pressure, Wood Mackenzie recently predicted China’s imports would drop 14% by the end of the year. That…

July 21, 2022
Russia to Cut Off Natural Gas Supplies to Poland

Russia to Cut Off Natural Gas Supplies to Poland

Russia intends to cut off natural gas supplies to Poland on Wednesday in an escalation that sent European natural gas prices surging over fears that the Kremlin could take similar steps against other nations.  State-owned Polish Oil and Gas Co. said Tuesday that it received a letter from Gazprom PJSC announcing the complete suspension of…

April 26, 2022
Domestic Crude Production Reaches New 2022 High; Imports Drop

Domestic Crude Production Reaches New 2022 High; Imports Drop

U.S. oil production for the week ended April 15 climbed to 11.9 million b/d, setting a new highpoint for the year, the U.S. Energy Information Administration (EIA) said Wednesday. That marked a 100,000 b/d increase from the prior week and a notable bump from the level maintained through much of the first quarter, EIA’s latest…

April 20, 2022
LNG 101: How Natural Gas Would Be Impacted If Russia Invades Ukraine

LNG 101: How Natural Gas Would Be Impacted If Russia Invades Ukraine

The geopolitical standoff between Russia and Ukraine has deepened turmoil in Europe’s natural gas market and laid bare its dependence on energy imports, but it remains highly unlikely that Russia would halt all natural gas flows or even significantly curb deliveries to the continent. Russia’s Gazprom PJSC “does not need to stop gas to wreak…

February 9, 2022
Braskem Reports Record Ethane Imports into Mexico, Offsetting Reduced Pemex Supply

Braskem Reports Record Ethane Imports into Mexico, Offsetting Reduced Pemex Supply

Braskem SA reported record-high ethane imports during the third quarter to its polyethylene complex in Coatzacoalcos, Mexico, and the figure is set to continue growing. Ethane imports to the Braskem Idesa facility — among the largest petrochemicals plants in Latin America — reached a record 22,400 b/d in September, Braskem management said earlier this month…

November 17, 2021
Europe’s Gate LNG Terminal Adding Import Capacity to Meet Growing Demand

Europe’s Gate LNG Terminal Adding Import Capacity to Meet Growing Demand

The Gate liquefied natural gas (LNG) import terminal in the Netherlands plans to add another 1 billion cubic meters (Bcm) of annual regasification capacity to serve growing demand.  The expansion would boost overall capacity at the facility to 13.5 Bcm annually, or roughly 477 Bcf/year, along with recently announced expansions. The additional send-out capacity is…

October 14, 2021
LNG Demand in Latin America Continues Pulling Spot Cargoes Off the Market

LNG Demand in Latin America Continues Pulling Spot Cargoes Off the Market

Latin American liquefied natural gas (LNG) demand has had a record year in 2021 and it is not letting up, tightening a global gas market that has sent prices spiking around the world. Imports of LNG into Latin America for the first eight months of the year added up to 10.44 million tons, according to…

September 24, 2021
‹ Previous 1 2 3 11