Iroquois Gas Transmission LP’s natural gas compression upgrade project, designed to supply New York City with an additional 125 MMcf/d, may be delayed as it awaits required air permits from state agencies, according to Iroquois management. Iroquois in 2020 filed applications for two Air State Facility permits with the New York Department of Environmental Conservation…
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Mexico Natural Gas Storage Plans Key to Energy Security and Market Development – Column
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Energy security is a central issue in the North American gas market, and the lack of underground storage in Mexico is one…
Canada Natural Gas, Oil Pipelines to See Increased Cleanup Costs
Compulsory abandonment savings that Canadian natural gas and oil pipelines must raise to shut, safely seal and clean up their operations after flows end are forecast to jump by 79%, according to a national regulatory decision. The Canada Energy Regulator (CER) set the increase (C$1.00/US 76 cents) to $18.6 billion from a previous requirement of…
Mexico Natural Gas Operator Needs to Translate Words to Actions – Column
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Cenagas is in charge of managing the capacity on Mexico’s national pipeline grid, the Sistrangas. It also is meant to be a…
Transmission Operators Facing New Rules by FERC, NERC for Extreme Weather Events
Federal energy regulators have finalized rules targeting the bulk power system’s reliability against extreme weather events that pose an “unacceptable risk to life and economic harm.” Under the rule, the North American Electric Reliability Corporation (NERC) would develop reliability standards for transmission organizations to prepare for extreme weather events “for the first time,” said FERC…
Mexico ‘Needs to Move Fast’ to Shore Up Energy Grid, Snag Nearshoring Opportunity
Mexico is at a pivotal moment as it gears up for an election next year amid a global rearrangement of supply chains. Ensuring reliable and affordable energy is key to the nation’s success, said participants at the Mexico Gas Summit in San Antonio, TX last week. The country needs investment in its natural gas supply…
Cenagas Natural Gas Open Season Hopeful Sign of Market Development — Column
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. A recent investment agreement between steel giant ArcelorMittal SA and the Sistrangas pipeline operator Cenagas is big news in the Mexican natural…
Supreme Court Narrows Scope of CWA in ‘Significant Victory for U.S. Energy Producers’
In a ruling considered a victory for the natural gas and oil industry, the U.S. Supreme Court has unanimously narrowed federal oversight established in the Waters of the United States (WOTUS) within the Clean Water Act (CWA). In an opinion written by Justice Samuel Alito, the court said the Environmental Protection Agency’s (EPA) interpretation of…
Mexico Railway Line Seizure Rattles Private Sector During Moment of ‘Great Opportunity’
Mexican President Andrés Manuel López Obrador’s government claimed inefficiencies in supply chains were behind a recent and temporary nationalization of private assets. Last Friday, the military seized part of a rail line owned by Grupo Mexico SAB unit Ferromex in the southern state of Veracruz. The railway is part of the Interoceanic Corridor project crossing…
New Natural Gas Pipeline Rules in Mexico Another in Line of Regulatory Changes — Column
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Energy sector regulation is often unintelligible to the layman. Regulatory accounting, the rate of return on equity or the efficiency factor are…