natural gas pipelines

Natural Gas Futures Pressured to Upside As Regulatory Strains Take Center Stage – Mexico Spotlight

Natural Gas Futures Pressured to Upside As Regulatory Strains Take Center Stage – Mexico Spotlight

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…

July 21, 2022
Kinder Aiming to Expand Natural Gas Transportation Business for Booming LNG Sector

Kinder Aiming to Expand Natural Gas Transportation Business for Booming LNG Sector

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…

July 21, 2022
Some Natural Gas Gathering Pipelines Get Temporary Reprieve from New Safety Rules

Some Natural Gas Gathering Pipelines Get Temporary Reprieve from New Safety Rules

Federal regulators last week delayed for one year the enforcement of safety rules for some smaller gathering pipelines that transport natural gas from the wellhead. The Pipeline and Hazardous Materials Safety Administration (PHMSA) said in its July 8 ruling that it would refrain from taking enforcement action until May 17, 2024, for gas gathering lines…

July 20, 2022
Mexico’s Energy Ministry to Appeal Judge’s Decision Halting Natural Gas Rule Change

Mexico’s Energy Ministry to Appeal Judge’s Decision Halting Natural Gas Rule Change

Mexico’s Energy Ministry Sener has announced it will appeal the decision by a district judge that pauses a proposed change to the rules of the game in Mexico’s natural gas market. The changes pushed by Sener would mean that all users of the natural gas pipeline network Sistrangas would have to use imported gas sourced…

July 19, 2022
Argentina Takes Step Forward in Key Vaca Muerta Infrastructure Project

Argentina Takes Step Forward in Key Vaca Muerta Infrastructure Project

Argentine officials have unveiled the companies vying for the right to construct the 24 MMm3/d Néstor Kirchner pipeline natural gas pipeline. The companies that presented bids were Btu SA, Esuco SA, Transportadora de Gas del Sur SA, and two consortia: Techint SA-Sacde SA and Contreras Hermanos SA-Víctor Contreras SA. If the offers qualify, economic bids…

July 15, 2022
Nexus Natural Gas Pipeline Exports to Canada Upheld

Nexus Natural Gas Pipeline Exports to Canada Upheld

A federal appeals court has upheld FERC’s approval of the Appalachia-to-Midwest Nexus Gas Transmission pipeline, siding with the Commission’s assessment of the public benefits of exported gas as part of its certificate decision. Responding to a challenge filed by the City of Oberlin, OH, the U.S. Court of Appeals for the District of Columbia Circuit…

July 14, 2022
Cloudy Supply/Demand Picture Limits Natural Gas Outlook, Sends Futures Lower

Cloudy Supply/Demand Picture Limits Natural Gas Outlook, Sends Futures Lower

Natural gas futures hovered in a narrow range early Friday before creeping lower and ultimately finishing firmly in negative territory, as traders determined the prior day’s nearly 80-cent rally was overcooked. The August Nymex gas futures contract settled at $6.034/MMBtu, down 26.3 cents day/day. September shed 29.5 cents to $5.967. At A Glance: Markets mull…

July 8, 2022
North American Natural Gas Prices Tempered, In Line with Other Commodities – Mexico Spotlight

North American Natural Gas Prices Tempered, In Line with Other Commodities – Mexico Spotlight

North American natural gas prices bounced around the $6.00/MMBtu mark this week as the storage and production picture failed to come into focus. On Wednesday, the August New York Mercantile Exchange gas futures contract fell for a second straight day and settled at $5.510/MMBtu. A lower-than-expected injection into U.S. storage on Thursday then shot prices…

July 7, 2022
Old Ocean Pipeline Shuts In 0.2 Bcf/d System Near Houston Following Fire; Investigation Underway

Old Ocean Pipeline Shuts In 0.2 Bcf/d System Near Houston Following Fire; Investigation Underway

Energy Transfer LP on Thursday shut in a 0.2 Bcf/d capacity, 24-inch diameter natural gas transmission line, which moves supply from the Permian Basin, after a fire was reported before noon in a rural area of Fort Bend County, near Houston. A company spokesperson confirmed to NGI that the fire occurred around 11:15 a.m. CT,…

July 7, 2022
Mexico Touts Multi-Billion Dollar Public-Private Natural Gas Projects

Mexico Touts Multi-Billion Dollar Public-Private Natural Gas Projects

Amid a global energy crunch, Mexico is set to go all in on natural gas with numerous public-private projects announced over the past week. Speaking at the launch of the Olmeca refinery in Dos Bocas, Comisión Federal de Electricidad (CRE) head Manuel Bartlett said the utility would partner with the local subsidiary of Canada’s TC…

July 5, 2022