imports

Mexico’s demand for Texan natural gas is set to rise as new infrastructure projects come to fruition. Along with plans in Mexico to build up to 5 Bcf/d of liquefied natural gas export capacity, state utility Comisión Federal de Electricidad (CFE) also is developing over 7 GW of natural gas-fired power generation by 2025. These…

Mexico’s state power company Comisión Federal de Electricidad (CFE) has more than doubled the utilization rate of its natural gas pipelines since the current government took over in 2018, according to energy minister Rocío Nahle.  Nahle addressed Mexico’s senate energy committee on Thursday (Dec. 8) about the state of the sector. CFE is Mexico’s largest…

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…

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…

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…

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…

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…

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…

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…