Labor strikes blocking Elengy’s Fos Cavaou, Fos Tonkin and Montoir-de-Bretagne LNG import terminals in France that were scheduled to end Tuesday have been extended to March 27 as workers continue to protest the government’s pension reform. Strikes ended last week at Dunkerque LNG, the country’s only other import terminal.
Trade
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Mexico-U.S. Energy Tensions Ease As Focus Shifts to Shared Opportunities
Energy sector tensions between the United States and Mexico have quieted in recent days as both sides work to change the narrative towards cooperation. U.S. Commerce Secretary Gina Raimondo and Secretary of State Antony Blinken were in Mexico City on Monday to speak to top officials, including Mexico President Andrés Manuel López Orador, in what…

U.S.-Mexico Energy Trade Hits Record High Amid Surging Natural Gas, Oil Prices
The value of cross-border energy trade between the United States and Mexico reached a nine-year high of $42 billion in 2021, according to the U.S. Energy Information Administration (EIA). The figure is the highest ever recorded in U.S. Census Bureau data, which started in 1996, said EIA researchers led by Natalie Kempkey. The immense flow…

AMLO, Biden, Trudeau Promise ‘North American Methane Strategy’ in Washington Summit
Mexican President Andrés Maneul López Obrador, joined by U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau on Thursday pledged to create a “North American strategy on methane and black carbon” during a trilateral summit in Washington, DC. The strategy will aim “to reduce methane emissions from all sectors, especially oil and gas,” the…

Texas Legislators Seek White House Intervention on Mexico Energy Policies
A bipartisan group of Texas legislators has asked the Biden administration to intervene on behalf of U.S. energy companies operating in Mexico amid the latter country’s increasingly nationalistic energy policies. Sens. John Cornyn and Ted Cruz, along with 18 of the state’s 32 U.S. representatives, signed a letter Tuesday (Oct. 19) to U.S. Ambassador to…

Shell Partners with Crowley for LNG Bunkering Barge on East Coast
Shipowener Crowley Maritime Corp. said Wednesday it is partnering with Royal Dutch Shell plc to construct a liquefied natural gas (LNG) bunker barge to serve vessels powered by the super-chilled fuel on the East Coast starting in 2024. The 416-foot-long barge is designed to offer capacity for 12,000 cubic meters of LNG and product supply…

U.S. Remained Top North American Natural Gas Trader in 1Q, Says DOE
International natural gas prices leaped in the first three months of this year as economic shocks inflicted by the early 2020 onset of Covid-19 wore off, according to the Department of Energy (DOE). The United States kept its stature as the top North American gas trader, almost doubling former champion Canada’s volume. Total U.S. exports…

U.S. Dominated Global LNG Trade in 2020, Says IGU
The United States accounted for all of the world’s new liquefied natural gas (LNG) production capacity last year, as exports grew despite challenges created by the Covid-19 pandemic, according to the 12th annual World LNG Report by the International Gas Union (IGU). Cameron, Freeport and Elba Island LNG added 20 million tons (Mt) of annual…

‘Unique’ Circumstances Bode Well for Improving U.S., Mexico Trade Relationship
There has been considerable friction between Mexico’s government and U.S. investors in the energy sector recently, but conditions are in place for booming trade between the two nations according to a new analysis by Washington, DC, think tank Center for Strategic and International Studies (CSIS). “The next four years present a once-in-a-generation opportunity for the…

Latest NGI Hub & Flow Podcast Spotlights Mexico Natural Gas: Listen Now
Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI senior editor Christopher Lenton talks about what the U.S. election might mean for the Mexican natural gas market. The outcome of the U.S. presidential election will have wide-ranging impacts across the United States and its energy sector. But…