Mexico

U.S. Pipeline Natural Gas Exports to Mexico Hit New Monthly Record in June

U.S. Pipeline Natural Gas Exports to Mexico Hit New Monthly Record in June

Natural gas exports via pipeline from the United States to Mexico recorded a new monthly record in June, the U.S. Energy Information Administration (EIA) said in a note Friday, citing data from Wood Mackenzie. Pipeline exports averaged 6.8 Bcf/d for the month, up 25% from June 2020 and 44% from the previous five-year (2016-2020) monthly…

July 26, 2021
Mexico’s CFE in Dispute with WhiteWater Midstream Over Natural Gas Contracts

Mexico’s CFE in Dispute with WhiteWater Midstream Over Natural Gas Contracts

Mexican state utility Comisión Federal de Electricidad (CFE) said it is looking into possible corruption related to natural gas contracts with WhiteWater Midstream LLC. CFE said that natural gas contracts signed in 2016 and 2017 under the previous Mexican administration are under investigation on both sides of the border for potential corrupt practices including influence…

July 20, 2021
Sempra, BP Procure Mexico’s First Carbon Offset LNG Cargo

Sempra, BP Procure Mexico’s First Carbon Offset LNG Cargo

Mexico was set to receive its first cargo of carbon offset liquefied natural gas on Friday (July 16), according to a Thursday announcement by BP plc and Sempra.  Subsidiaries of the firms inked a contract for delivery of the cargo to Sempra’s Energía Costa Azul (ECA) terminal on Mexico’s Pacific Coast. Greenhouse gas (GHG) emissions…

July 19, 2021
Mexico Natural Gas Market Spotlight: Sur de Texas-Tuxpan Pipeline Poised to Become Main Import Option

Mexico Natural Gas Market Spotlight: Sur de Texas-Tuxpan Pipeline Poised to Become Main Import Option

The dynamics of the nascent Mexican natural gas market are shifting once again with the 2.6 Bcf/d Sur de Texas-Tuxpan marine pipeline on the cusp of becoming the main source of supply into Mexico. On July 13, the marine pipeline transported 1.339 Bcf into Mexico’s southeast, slightly below the 1.439 Bcf seen on the Ramones…

July 15, 2021
Pemex Intervention Could Harm Mexico LPG Market, Experts Warn

Pemex Intervention Could Harm Mexico LPG Market, Experts Warn

Plans for Mexico’s state oil company Petróleos Mexicanos (Pemex) to enter the retail liquefied petroleum gas (LPG) business bode poorly for competition, consumers and the company itself, according to local energy sector stakeholders. President Andrés Manuel López Obrador announced last week that Pemex would launch a subsidiary called “Gas Bienestar” or “Gas Wellbeing” within three…

July 14, 2021
As South American LNG Demand Soars, New Fortress Secures Gas Supply Through 2027

As South American LNG Demand Soars, New Fortress Secures Gas Supply Through 2027

New Fortress Energy Inc. (NFE) has reached an agreement for liquefied natural gas (LNG) supply through 2027 for most of its import terminals and power generation facilities. The company has nine import terminals in operation or under development in the Caribbean, Central America, Mexico and South America. It imports LNG in underserved markets where it’s…

July 13, 2021
IEA Forecasts Steady Growth in U.S. to Mexico Natural Gas Exports

IEA Forecasts Steady Growth in U.S. to Mexico Natural Gas Exports

Recently and soon-to-be completed infrastructure will allow natural gas imports to Mexico from the United States to grow by an estimated 10% over the 2020-2024 period, the International Energy Agency (IEA) said Monday. Gas flows via pipeline to Mexico swelled by 45% between 2016 and 2020, and rose 15% year/year during the first half of…

July 7, 2021
Sempra Looking to ‘Optimize’ Mexico’s ECA Phase 2 Expansion

Sempra Looking to ‘Optimize’ Mexico’s ECA Phase 2 Expansion

Sempra executives on Tuesday (June 29) said bringing the initial phase of the Energía Costa Azul (ECA) liquefied natural gas (LNG) project online in Baja California, Mexico was a top priority, but also said they are already looking at ways to lower the cost of a planned expansion.  “It’s an optimization game,” Sempra LNG CEO…

July 2, 2021
Mexico Natural Gas Market Spotlight: Bull Ride Continues as Temperatures Soar

Mexico Natural Gas Market Spotlight: Bull Ride Continues as Temperatures Soar

This week was yet another reminder of the interconnectedness of energy markets as soaring temperatures in disparate parts of the Pacific Northwest in the United States and tight market conditions drove natural gas prices for Mexican end-users higher. Nymex futures rose for eight straight trading days through Thursday, with the August futures contract settling 1.1…

July 1, 2021
Natural Gas, Oil Production Up in Mexico as Pemex Capex Set to Increase

Natural Gas, Oil Production Up in Mexico as Pemex Capex Set to Increase

Natural gas production in Mexico totaled 3.84 Bcf/d in May, up from 3.61 Bcf/d in May 2020, according to the latest data from upstream regulator Comisión Nacional de Hidrocarburos (CNH). State oil company Petróleos Mexicanos (Pemex) supplied 3.63 Bcf/d of the total, up from 3.37 Bcf/d in the year-ago month and 3.53 Bcf/d in the…

June 30, 2021
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