As the United States works toward casting a wider net on the global natural gas market via exports, key domestic markets could be turned upside down in 2023 as midstream bottlenecks leave gas stranded in producing basins. LNG developers on the Gulf Coast are in a race to boost liquefied natural gas exports to capitalize…
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CFE Changes Tack, Enlists International Firms in Demand-Focused Natural Gas Strategy
Top Mexican officials were in Texas this week laying out their new strategy for natural gas. Speaking on Wednesday at LDC Forums’ annual US-Mexico Natural Gas Forum in San Antonio, CFEnergía head Miguel Reyes said Mexican utility Comisión Federal de Electricidad (CFE) and international firms would now work together to solve natural gas problems. CFEnergía…
Proposed Pennsylvania LNG Export Terminal in Talks to Commercialize Project
An East Coast LNG export terminal that would tap into vast amounts of feed gas from the Appalachian Basin is aiming to pre-file with federal regulators by the end of the year and reach a final investment decision by 2024. The 7.2 million metric tons/year (mmty) facility would be located at a yet-to-be-determined site along…
Natural Gas Pipeline Capacity Release Trading Jumps, but Post-Covid Recovery Proving Unstable
In a sign that the energy industry’s recovery from Covid-19 remains choppy, monthly trading for natural gas pipeline capacity releases reversed course, soaring 178% in June, according to the latest figures from The Capacity Center. The jump was a massive improvement from May, when monthly transactions plunged 70% from April levels, the data services company’s…