Mexico natural gas prices rose to an astonishing average of $21.37/MMBtu in February, up from $3.39/MMBtu in January, following freezing weather in Texas, according to the latest IPGN monthly natural gas price index published by the Comisión Reguladora de Energía (CRE). The February price, up from the February 2020 average of $2.71/MMBtu, was the highest…
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California, Arizona Driving Continued Swell in U.S. Natural Gas Exports to Mexico
Pipeline natural gas exports from the United States to Mexico are exceeding 6 Bcf/d so far in August, according to preliminary estimates by Genscape, Inc. This is up from the 5.3 Bcf/d average reported by the U.S. Department of Energy for the first quarter of 2020. While exports from West Texas and South Texas are…
Mexico Natural Gas Trade Volumes, Prices Surge in December
Natural gas marketers in Mexico transacted an average volume of 6.69 Bcf/d during the second half of 2018 (2H2018), up 35% from the 4.96 Bcf/d averaged in the year-earlier period, with December deals surging, according to the latest IPGN monthly natural gas price index published by the Comisión Reguladora de Energía (CRE).