natural gas imports

China Seen as Wildcard for Global Natural Gas Market in 2023

China Seen as Wildcard for Global Natural Gas Market in 2023

China’s thirst for LNG is likely to rebound in 2023, which could exacerbate the global energy crunch, but to what extent the country returns to the spot market remains unclear as it continues to grapple with Covid-19. China has eased restrictions aimed at curbing the spread of the virus. Those measures limited economic activity and…

December 22, 2022
CFE Natural Gas Exports from U.S. to Mexico Surge in Second Quarter

CFE Natural Gas Exports from U.S. to Mexico Surge in Second Quarter

A U.S. subsidiary of Mexico’s state power company Comisión Federal de Electricidad (CFE) posted a 14% year/year increase in pipeline natural gas exports from the United States to Mexico during the second quarter, according to the U.S. Department of Energy. The subsidiary, CFE International LLC (CFEi), exported 298,963 MMcf or 3.3 Bcf/d under short-term contracts…

November 23, 2022
Natural Gas Imports from Canada Rising in Western U.S.

Natural Gas Imports from Canada Rising in Western U.S.

Natural gas imports from Canada to the western United States have increased by 4.1% so far this year versus the same period in 2021, according to new analysis by the U.S. Energy Information Administration (EIA). The border-crossing points at Sumas, WA, and Eastport, ID, “principally supply metropolitan areas in the Pacific Northwest and California, where…

November 23, 2022
Can CFE’s Mexico Natural Gas Pipelines Handle Bevy of New Projects?

Can CFE’s Mexico Natural Gas Pipelines Handle Bevy of New Projects?

Multiple challenges must be overcome on Mexico’s natural gas pipeline network to accommodate the recent projects announced by state power company Comisión Federal de Electricidad (CFE) and private industry, according to a former top executive. Guillermo Turrent, the former CEO of gas marketing subsidiaries CFE International LLC and CFEnergía, addressed the outlook on Tuesday at…

November 16, 2022
Mexico Natural Gas Production Up in September, but Outlook Mixed

Mexico Natural Gas Production Up in September, but Outlook Mixed

Natural gas production in Mexico continued its winning streak in September, according to the latest statistics from upstream regulator Comisión Nacional de Hidrocarburos (CNH). Gas production hit 4.180 Bcf/d during the month, compared to 4.060 Bcf/d in August and 3.894 Bcf/d in September of last year. Natural gas production has seen a consistent rise this…

October 25, 2022
European Demand for Russian Natural Gas, Oil Continues to Drive Revenues

European Demand for Russian Natural Gas, Oil Continues to Drive Revenues

Despite a massive throttling of pipeline natural gas to Europe after Russia’s February invasion of Ukraine, European Union (EU) members in September still led the world in Russian oil and natural gas imports, according to a new report. Since the beginning of the conflict in Ukraine, EU members have imported around $97 billion in Russian…

October 12, 2022
Mexico Regulator Sees Marginal Natural Gas Production Growth Through 2028

Mexico Regulator Sees Marginal Natural Gas Production Growth Through 2028

Mexico is unlikely to substantially increase its natural gas production over the next five to six years, according to upstream regulator Comisión Nacional de Hidrocarburos (CNH). In its latest “prospectiva” or outlook for oil and natural gas output, the regulator modeled high, low and medium production growth scenarios for each hydrocarbon. The high case scenario…

October 5, 2022
Lack of Natural Gas Storage Said Major Threat to Mexico Energy Security

Lack of Natural Gas Storage Said Major Threat to Mexico Energy Security

Mexico urgently needs to develop the fortitude of its natural gas industry, according to a new diagnostic analysis by local think tank Instituto Mexicano para la Competitividad, aka IMCO. According to their research, Mexico natural gas demand grew 63% in the last decade and a half, hitting 8.27 Bcf/d last year. Starting in 2020, natural…

August 31, 2022
Natural Gas Futures Still Hot as Summer Temperatures Pummel North America – Mexico Spotlight

Natural Gas Futures Still Hot as Summer Temperatures Pummel North America – Mexico Spotlight

North American natural gas prices continued to be pressured to the upside this week amid sizzling temperatures and low storage inventories. The August New York Mercantile Exchange (Nymex) contract went out meekly as prompt month on Wednesday after a nearly week-long rally. The August gas futures contract settled at $8.687/MMBtu, down 30.6 cents day/day. September…

July 28, 2022
Howard Energy Targeting Mexico, LNG Markets with 2 Bcf/d South Texas Expansion

Howard Energy Targeting Mexico, LNG Markets with 2 Bcf/d South Texas Expansion

Lower 48 midstream giant Howard Energy Partners (HEP), through joint venture Dos Caminos LLC, plans to double its natural gas gathering, treatment and transport services in Texas to 2 Bcf/d as it eyes opportunities for LNG and Mexico exports.  The expansion, planned in the Austin Chalk formation and Eagle Ford Shale in South Texas, would…

July 27, 2022
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