Underutilized

For the time being at least, Marcellus Shale producers are paying the price for too much of a good thing. Concentrated development in the nation’s preeminent shale gas play has made for basis-inverting constraints on Tennessee Gas Pipeline. However, the industry has seen this sort of thing before (in the Rockies more than once, for instance), and the market will work it out, eventually, a Marcellus producer told NGI’s Shale Daily.

More gas could ultimately flow sooner through Sempra Energy’s underutilized West Coast liquefied natural gas (LNG) terminal following an announcement last Wednesday that Royal Dutch Shell and Russia’s Gazprom have signed a series of 20-year agreements in which both will be buying LNG supplies from the eastern Russia Sakhalin II production area. It gives the Russian behemoth its first major entry into the U.S. gas market.

More gas could ultimately flow sooner through Sempra Energy’s underutilized West Coast liquefied natural gas (LNG) terminal following an announcement Wednesday that Royal Dutch Shell and Russia’s Gazprom have signed a series of 20-year agreements in which both will be buying LNG supplies from the eastern Russia Sakhalin II production area. It gives the Russian behemoth its first major entry into the U.S. market.

With rising natural gas demand and underutilized production, Mexico’s state-owned oil and gas monopoly is considering several sources to boost the needed commodity. Along with plans to auction the remaining two Burgos Basin blocks this summer, Mexico also is considering not only siting more liquefied natural gas (LNG) terminals, but importing it as well, according to officials with Petroleos Mexicanos (Pemex).

With rising natural gas demand and underutilized production, Mexico’s state-owned oil and gas monopoly is considering several sources to boost the needed commodity. Along with plans to auction the remaining two Burgos Basin blocks this summer, Mexico also is considering not only siting more liquefied natural gas (LNG) terminals, but importing it as well, according to officials with Petroleos Mexicanos (Pemex).

The previously underutilized pipeline and storage assets ofNatural Gas Pipeline Company of America (NGPL) have enjoyed robustvolume growth under the management of the merged KN Energy andKinder Morgan. Last week, Kinder Morgan’s NGPL said it has fullysubscribed its storage service with the latest of a number ofdeals.