natural gas pipelines

Canada’s TC Energy Corp. and Mexico’s Comisión Federal de Electricidad (CFE) have reached a final investment decision (FID) to build a 444-mile underwater natural gas pipeline. The 1.3 Bcf/d, $4.5 billion Southeast Gateway Pipeline would originate onshore in Tuxpan, Veracruz. It then would proceed offshore, making landfall at Coatzacoalcos, Veracruz and Dos Bocas, Tabasco. Dos…

Despite dings along the way, weekly cash prices gained ground amid lofty temperatures across much of the Lower 48 and inconsistent production levels. NGI’s Weekly Spot Gas National Avg. for the July 25-28 period advanced 40.5 cents to $8.655. Robust cooling demand fueled strong advances for physical prices on Monday and Tuesday. Prices pulled back…

Portland, OR-based natural gas utility NW Natural is preparing for carbon neutrality by 2050 with plans to inject hydrogen into its natural gas distribution system.  NW Natural expects to begin a pilot at its Central Portland facility in early 2023 with technology installations from sustainable heat and power technology company Modern Electron. The pilot would…

TC Energy Corp. expects to see its natural gas infrastructure capacity in North America, and especially in Mexico, expand in the next several years as short-term demand and the global thirst for LNG accelerate. The Calgary-based pipeline firm currently transports about 25% of feed gas exported in the United States as liquefied natural gas and…

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…

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…

Natural gas futures powered further ahead on Monday as summer demand held strong and global supply challenges festered. The August Nymex gas futures contract settled at $8.727, up 42.8 cents day/day. September gained 37.6 cents to $8.571. The bull run followed a 36.7-cent prompt month advance on Friday. NGI’s Spot Gas National Avg. climbed 19.5…

North American natural gas prices crossed the $8.00/MMBtu handle this week as blazing hot weather strained power demand. The August New York Mercantile Exchange gas futures contract surged 74.3 cents day/day on Wednesday and settled at $8.007/MMBtu. A lighter than expected storage injection on Thursday again sent prices higher. This month the United States is…

Kinder Morgan Inc. is prepared to invest more in the near term as it aims to grow its market share of natural gas deliveries to U.S. LNG export facilities. During a Wednesday call with investors, CEO Steven Kean said Kinder has around 7 Bcf/d currently contracted on its pipelines to serve liquefied natural gas export…