Mexico

Supportive EIA data not enough to sway natural gas futures Weather forecasts continue to flip-flop, lowering confidence Cash still strong in most of U.S.; East markets slip After gaining 25 cents in the past three sessions, natural gas futures took a breather Thursday. The November Nymex gas futures contract settled at $3.007, down 1.6 cents…

U.S. natural gas exports to Mexico, most of which cross the border via pipeline, have continued to increase in 2020, according to the U.S. Energy Information Agency (EIA). Mexico imports of liquefied natural gas (LNG), meanwhile, have declined every month since March, according to EIA, as pipeline infrastructure comes online offering cheaper alternatives. In early…

BREAKING: U.S. EIA reports a 49 Bcf injection into natural gas storage inventories for the week ending Oct. 16, confirming an increasingly tight supply/demand natural gas balance November natural gas climbs 11 cents as LNG demand surpasses 8 Bcf Natural gas traders may have had the theme of 1980s sitcom “Three’s Company” playing in their…

LNG traffic could resume soon at two Gulf Coast export facilities Weather models point to colder weather ahead Cash rallies again as heat continues out West, while cooler weather heads east Natural gas futures rallied Tuesday on news that full liquefied natural gas (LNG) exports could soon resume from two key Gulf Coast facilities. An…

Democratic presidential nominee Joseph R. Biden Jr. and President Trump face off on Nov. 3 in a U.S. election being closely watched by Mexico’s energy sector. Mexico’s energy system, like its economy, is tightly intertwined with its northern neighbor. The country imports around 70% of its natural gas and around 80% of its gasoline from…

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. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

Stabilis Energy LLC sees Mexico’s small-scale liquefied natural gas (LNG) market growing in “double digits” in the coming years, CEO Jim Reddinger said Wednesday. The opportunities were discussed during a webinar organized by LDC Gas Forums. Although pipeline buildout in Mexico and across the U.S. border has been swift since 2014, “a lot of the…

Big rebound for natural gas futures on tight EIA data, cooler weather trends Full LNG demand recovery unclear as barge still submerged in Calcasieu Ship Channel Cash rises as chilly air blankets Midwest, heads toward East Natural gas futures quickly bounced back from the prior day’s nosedive as traders were hopeful Gulf Coast exports would…

Stabilis Energy LLC sees Mexico’s small-scale liquefied natural gas (LNG) market growing in “double digits” in the coming years, CEO Jim Reddinger said Wednesday. The opportunities were discussed during a webinar organized by LDC Gas Forums. Although pipeline buildout in Mexico and across the U.S. border has been swift since 2014, “a lot of the…