natural gas pipelines

Mexico’s state utility Comisión Federal de Electricidad (CFE) has launched a tender for natural gas transport infrastructure in Baja California state. CFE is looking for the line to start at either the Sásabe-Guaymas pipeline in Caborca, Sonora or at the SoCal-Ehrenberg interconnection on the El Paso Natural Gas pipeline in Ehrenberg, Arizona. From there, the…

After a brief pause on Thursday, natural gas futures resumed their steep slide to close out the week amid a generally weak near-term outlook. The May Nymex gas futures contract settled Friday at $6.534/MMBtu, off a noteworthy 42.3 cents day/day. June futures fell 43.3 cents to $6.663. At A Glance: Weather demand to be light…

Potential future open seasons on Mexico’s Sistrangas national pipeline system could be designed to benefit the nation’s state-run energy companies Comisión Federal de Electricidad (CFE) and Petróleos Mexicanos (Pemex), according to energy and regulatory lawyer Paulina Doen. “At the same time, given that both CFE and Pemex use the Sistrangas system, the open seasons could…

Natural gas futures continued to retreat sharply midweek in yet another display of the market being largely disengaged from fundamentals. After bouncing back to a $7.410 intraday high, the May Nymex gas futures contract settled Wednesday at $6.937/MMBtu, down 23.9 cents from Tuesday’s close. June futures slid 21.2 cents to $7.065. At A Glance: BREAKING:…

It was off to the races for natural gas futures prices Monday as a bump in production did little to assuage growing concerns about supply later this year, especially in light of the latest weather data. With chilly weather seen boosting demand for most of this month, the May Nymex futures contract exploded 36.5 cents…

FERC on Friday amended Mountain Valley Pipeline LLC’s (MVP) certificate order to allow for changes to the natural gas conduit’s construction plans for 183 waterbody and wetlands crossings along the project route. The latest Federal Energy Regulatory Commission action does not itself clear the way for the embattled 303-mile, 2 million Dth/d pipeline to resume…

Natural gas futures softened on Friday after surpassing the $6.500/MMBtu mark early in the trading session. With technical pressure amplified given the lack of demand response to the higher price environment, overbought conditions sent the May Nymex futures contract down 8.1 cents to $6.278. June futures fell 8.0 cents to $6.356. At A Glance: Production…

If U.S. natural gas infrastructure is not expanded to meet growing demand, prices would escalate and more electricity generation is likely from renewables, coal and nuclear sources over the next three decades, according to federal researchers. In the U.S. Energy Information (EIA) Annual Energy Outlook 2022 (AEO2022) issued in March, the reference case – the…

Ruby Pipeline LLC, the 1.5 Bcf/d natural gas system that moves supply from Wyoming to Oregon, has filed for voluntary bankruptcy to reorganize and relieve its debt obligations. The 680-mile, 42-inch diameter system is jointly owned by Houston-based Kinder Morgan Inc. (KMI) and Pembina Pipeline Corp., based in Calgary. The Chapter 11 filing is “in…