Infrastructure

Energy Sector Concerns Mount on Move to Eliminate Mexico Regulators, Competition Watchdog

Energy Sector Concerns Mount on Move to Eliminate Mexico Regulators, Competition Watchdog

The Mexican business environment for energy sector players could be hampered by plans to fold autonomous regulators and the competition watchdog into existing ministries. Mexican President Andres Manuel Lopez Obrador said last week he was considering the move in a bid to save money to prioritize social spending as the economy reels from the impact…

January 12, 2021
New U.S. Administration Likely Means More Natural Gas for Mexico, Expert Says

New U.S. Administration Likely Means More Natural Gas for Mexico, Expert Says

“With more of a push to decarbonize the U.S., combined with more demand from Mexico for natural gas in the short and mid-term, we are going to continue to see increased dependence on U.S. natural gas in Mexico,” Leonardo Beltrán, a seasoned expert in Mexico energy policy, told NGI’s Mexico Gas Price Index.  “The change…

January 8, 2021
Crude Exports Begin from Second Deepwater Dock at South Texas Gateway Terminal

Crude Exports Begin from Second Deepwater Dock at South Texas Gateway Terminal

Crude oil exports have begun from the second deepwater dock at the South Texas Gateway (STG) terminal, according to Buckeye Partners LP, the terminal’s 50% owner. With the second dock now complete, STG can accommodate the simultaneous berthing and loading of two very large crude carrier (VLCC) vessels, Buckeye said last Wednesday. STG is in…

January 4, 2021
State Looks to Become Predominant Actor in Mexico’s Natural Gas Infrastructure

State Looks to Become Predominant Actor in Mexico’s Natural Gas Infrastructure

According to company plans and Mexican government announcements, the vast majority of 2021 natural gas projects will be spearheaded by the state, or at least the state will play some role in their development. Meanwhile, most of the major natural gas pipelines launched thanks to Mexico’s 2013-2014 energy reform are complete, but a few delayed…

December 24, 2020
Mexico Natural Gas Prices Hit 21-Month High in November

Mexico Natural Gas Prices Hit 21-Month High in November

Natural gas prices in Mexico reached a 21-month high in November, averaging $3.45/MMBtu, according to the latest IPGN monthly natural gas price index published by Comisión Reguladora de Energía (CRE). This compares to $3.15/MMBtu in November 2019. CRE compiles the index based on day-ahead spot prices reported anonymously by marketers. CRE used 298 transactions reported…

December 23, 2020
Williams Credits ‘Proactive Engagement’ in Bringing Online Three Natural Gas, NGL Systems Ahead of Schedule

Williams Credits ‘Proactive Engagement’ in Bringing Online Three Natural Gas, NGL Systems Ahead of Schedule

Tulsa-based Williams said Friday it achieved early in-service capacity for three key North American natural gas and liquids infrastructure expansions, resulting in earlier-than-expected cash flow in the fourth quarter. The midstream giant credited “proactive engagement and open communication with stakeholders throughout the permitting and regulatory process, as well as expeditious and Covid-safe project execution” to…

December 22, 2020
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
USFS Finalizes Review, Clearing Way for MVP to Cross National Forest

USFS Finalizes Review, Clearing Way for MVP to Cross National Forest

The U.S. Forest Service (USFS) has finalized a supplemental environmental review of the Mountain Valley Pipeline (MVP), a key step in resolving a permitting setback that has prevented construction on a small portion of the project routed through the Jefferson National Forest. Late last week, the USFS released a final supplemental environmental impact statement for…

December 14, 2020
Clear Rules Will Boost Mexico Energy Investor Confidence, Veteran Expert Says

Clear Rules Will Boost Mexico Energy Investor Confidence, Veteran Expert Says

“Based on my day-to-day experience dealing with clients and different actors in the energy sector, I think the main concern in the industry is that the rules established for private investment are respected,” said Graciela Álvarez Hoth, CEO of risk management and energy consultancy firm NRGI Broker, who has more than 30 years of experience…

December 11, 2020
Two More California Cities Look to Go All-Electric as Natural Gas Bans Enacted

Two More California Cities Look to Go All-Electric as Natural Gas Bans Enacted

The city councils in Oakland and San Jose, CA, on Tuesday adopted natural gas bans in new residential and commercial buildings, joining dozens of municipalities in California and elsewhere around the country that have proposed or adopted similar measures. The Northern California city councils cited climate change as one reason to ban the use of…

December 3, 2020