Infrastructure

“The most important opportunities for the future are without question tied to the energy transition in Mexico,” Narcis de Carreras, CEO of Valia Energia in Mexico City, told NGI’s Mexico GPI. “Across all of these developments, natural gas will continue to play a central and key role for many more years and will be relied…

More U.S. LNG cargoes are taking longer and costlier routes to reach consumers in Asia as a drought impacting levels at the Panama Canal has increased wait times to transit the waterway. “The Panama Canal remains a primary route for U.S. LNG to access Asian markets, though an increased volume of trade is utilizing other…

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. Energy security is a central issue in the North American gas market, and the lack of underground storage in Mexico is one…

NextDecade Corp. signed binding agreements with lenders to secure the more than $10 billion in financing it needs to fund construction of its Rio Grande LNG export project in Texas and is aiming for a final investment decision (FID) in the next few weeks. The Houston-based company disclosed it has received commitments from an international…

Mexico is on the cusp of finally moving ahead on building underground natural gas storage capacity after years of inactivity. The country’s Centro Nacional de Control del Gas Natural (Cenagas), operator of the national Sistrangas pipeline network, has announced a tender would take place for the depleted Jaf dry gas field in Veracruz. Officials at…

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. Cenagas is in charge of managing the capacity on Mexico’s national pipeline grid, the Sistrangas. It also is meant to be a…

Federal energy regulators have finalized rules targeting the bulk power system’s reliability against extreme weather events that pose an “unacceptable risk to life and economic harm.” Under the rule, the North American Electric Reliability Corporation (NERC) would develop reliability standards for transmission organizations to prepare for extreme weather events “for the first time,” said FERC…

Phillips 66 is collaborating with Bridger Photonics Inc. to explore ways to reduce methane leaks in natural gas infrastructure using laser-based technology. The partnership would focus on the midstream giant’s natural gas pipelines in Colorado, Kansas, Oklahoma and Texas. Houston-based Phillips 66 operates one of the nation’s largest natural gas operations, including its expanded ownership…

Mexico is on track to become Latin America’s leading LNG exporter in terms of regasification capacity, while the region as a whole could become a net liquefied natural gas exporter, according to Poten and Partners. The shipbroker and consulting firm’s Sergio Chapa, senior LNG analyst, provided an overview of the regional LNG balance during a…