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Mexico’s Centro Nacional de Control del Gas Natural (Cenagas) has launched the Consulta Pública 2020 with a specific focus this year on the natural gas needs of the south and southeastern parts of the country and industrial users.

A roundup of news and commentary from NGI’s LNG Insight

Capital spending by global oil and natural gas explorers has collapsed to levels not seen in 15 years and could decline on average by 27% in 2020, a 3,000 basis point turnaround from the 2% increase predicted in December, according to a new survey.

An encouraging start is underway to add a private enterprise dimension to municipal government production of renewable natural gas (RNG) from urban and agricultural waste landfill sites, according to a French Canadian pioneer of the budding business field.

The U.S. Energy Information Administration (EIA) reported an injection of 93 Bcf into natural gas storage for the week ending June 5, a print on par with expectations but that failed to impress. Nymex natural gas futures hovered in positive territory early Thursday but gave up early gains after the report.

The New York Independent System Operator (NYISO) has outlined a series of market design and system planning enhancements designed to integrate renewable resources into its system.

Natural gas futures dipped into the red early Tuesday and remained there on demand concerns tied to mixed weather forecasts and diminished natural gas exports. The July Nymex contract settled at $1.767/MMBtu, down 2.2 cents day/day. August was down 2.9 cents to $1.863.

A slowdown of crude oil and associated natural gas production in the Permian Basin, combined with new infrastructure and capacity releases in Mexico, could help narrow the discount of Waha natural gas prices to Henry Hub over the coming months and years, according to NGI’s Patrick Rau, director of strategy and research.

The year started as 2019 had ended for leading natural gas marketers, with 1Q2020 continuing the sales declines that have hampered the industry for four consecutive quarters, according to NGI’s Top North American Natural Gas Marketers rankings.