natural gas imports

Regulatory Overhaul Said Key to Upgrading Mexican Energy System

Regulatory Overhaul Said Key to Upgrading Mexican Energy System

Improving Mexico’s energy fortunes may be as simple as changing the regulatory environment, experts said Thursday in San Antonio, TX. “Between banks and the capital markets, there is an infinite capacity to finance needs” in Mexico’s natural gas and energy sector, said Société Générale SA’s Adolfo Villareal, Energy Project Finance director of Corporate and Investment…

May 17, 2024
Mexico Energy Under Sheinbaum Could Follow Similar AMLO Model, Expert Analyst Says

Mexico Energy Under Sheinbaum Could Follow Similar AMLO Model, Expert Analyst Says

Mexico’s reliance on U.S. natural gas imports is likely to increase if Claudia Sheinbaum, who is expected to win Mexico’s June 2 presidential election, maintains the state-centric approach of outgoing President Andrés Manual López Obrador, aka AMLO, according to analyst Carlos Ramírez Fuentes. Ramírez, a political and economic risk consultant at Mexico City-based Integralia Consultores,…

April 26, 2024

LNG Imports Resume in Taiwan After Devastating Earthquake – The Offtake

A roundup of news and commentary from the global gas market A 7.4-magnitude earthquake impacted Taiwan and briefly triggered a tsunami warning Tuesday, but hasn’t appeared to disrupt LNG imports, according to data from Kpler. Two vessels initially were turned away during the warning, but imports resumed on Wednesday. Taiwan imported more than 20 million…

April 3, 2024
Mexico Natural Gas Production Dips as Pipeline Imports Surge

Mexico Natural Gas Production Dips as Pipeline Imports Surge

Mexico’s natural gas production averaged 4.05 Bcf/d in February 2024, compared to 4.29 Bcf/d in the same month a year ago.  State oil company Petróleos Mexicanos (Pemex) supplied 3.84 Bcf/d or 95% of the total, down from 4.07 Bcf/d in February 2023, data from upstream regulator Comisión Nacional de Hidrocarburos (CNH) show.  Associated gas tied…

March 25, 2024
Poland Continues to Diversify LNG and Pipeline Imports in Break with Russia 

Poland Continues to Diversify LNG and Pipeline Imports in Break with Russia 

Poland has broken free of its dependence on Russian energy supplies, increasing both its natural gas pipeline and LNG imports from other suppliers.   Poland had previously relied on Russia as its only gas supplier, but for the first time last year, the country met domestic natural gas demand without Russian imports.  The Swinoujscie liquefied natural…

January 23, 2024
Mexico’s Natural Gas Imports, Economy Seen Growing Despite AMLO-imposed ‘Glass Ceiling’ 

Mexico’s Natural Gas Imports, Economy Seen Growing Despite AMLO-imposed ‘Glass Ceiling’ 

Mexico’s pipeline imports of U.S. natural gas should continue to grow over the coming years even in the most conservative demand scenarios, experts agreed this week at the US-Mexico Natural Gas Forum. The power sector is driving demand growth currently, a trend that is likely to continue in the immediate term as state power company…

November 15, 2023
EIA Anticipates Australia, Antigua to Join Growing List of LNG Importers Next Year

EIA Anticipates Australia, Antigua to Join Growing List of LNG Importers Next Year

Four countries are expected to import LNG for the first time next year as expansion projects in the Americas, Asia-Pacific and Europe are expected to boost global regasification capacity by 23 Bcf/d in 2024. The U.S. Energy Information Administration (EIA) estimates that Antigua and Barbuda, Australia, Cyprus, and Nicaragua could join the list of countries…

September 7, 2023
Value of U.S.-Canada Natural Gas Trade Jumps 76% in 2022 

Value of U.S.-Canada Natural Gas Trade Jumps 76% in 2022 

The dollar value of two-way oil and natural gas trade between Canada and the United States swelled last year to a record $190 billion, as global markets reacted to Russia’s invasion of Ukraine, according to federal researchers. Inflation-adjusted records showed that last year’s energy trade overall between the United States and Canada topped the 2008…

August 16, 2023
Mexico’s CFE Working to Develop More ‘Mature, Robust’ Natural Gas Market in Tandem with Private Sector

Mexico’s CFE Working to Develop More ‘Mature, Robust’ Natural Gas Market in Tandem with Private Sector

Mexico’s Comisión Federal de Electricidad (CFE) is seeking to stimulate natural gas demand in the country and increase utilization of its vast natural gas pipeline network, a company official said Wednesday.  The state-owned company, in addition to being Mexico’s largest power generator, is also the country’s leading supplier of natural gas, which it imports from…

June 8, 2023
Market Eyes Natural Gas Price Boost in Summer Power Burns; Waha Again Volatile – Mexico Spotlight

Market Eyes Natural Gas Price Boost in Summer Power Burns; Waha Again Volatile – Mexico Spotlight

North American natural gas futures limped along this week as shoulder season settles in and demand fails to meet ample supply. On Thursday, the May New York Mercantile (Nymex) gas futures contract settled 8.6 cents lower at $2.007/MMBtu. June futures slid 7.0 cents to $2.197. Longer term, the natural gas market in Mexico and the…

April 13, 2023
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