On March 27, four days after Cenagas announced the results of its first open season for one-year contracts on Mexico’s National Integrated Natural Gas Transportation System (Sistrangas), it called for a second round of bidding to make adjustments for three oversubscribed routes.
Articles from Mexico
Impulsora Pipeline LLC on Wednesday asked FERC for more time to complete the border crossing facilities for its pipeline from Webb County, TX, in Eagle Ford Shale country to the Texas-Mexico border.
Trans-Pecos Pipeline LLC on Wednesday asked FERC for permission to place into service the natural gas pipeline project’s Presidio Crossing. The Trans-Pecos system is slated to come online March 31, according to a company spokeswoman.
Revving up. On March 2, the Energy Secretariat (SENER) published its revamped strategy to drive the country’s oil and gas bidding rounds. The principal changes are to establish standard block sizes, to open all blocks simultaneously for nomination by private parties, and to hold two bidding rounds per year. The three-step nomination scale — high, middle, low — will help SENER gauge private-sector interest across the country’s reserves and to rank the latter both domestically and internationally. While nominations are open to anyone as of the announcement, there will be a three-month period prior to the launch of a bidding round for SENER to evaluate which blocks to include. It looks as if SENER is in a hurry to maximize the country’s oil rent. (Source: SENER)
Cenagas’ first transportation capacity open season for Mexico’s National Integrated Pipeline System (Sistrangas) reached another milestone Friday when the request submission period ended.
With one of the energy sector’s larger stakes in Mexico, Sempra Energy is watching closely moves in the White House with the new president’s focus south of the border, but so far its CEO thinks the San Diego-based utility holding company will continue to do just fine down there.
Mexico’s Petroleos Mexicanos (Pemex) reported a smaller financial loss for 2016 than 2015. Natural gas production also declined while imports from the United States climbed.
Kinder Morgan Inc. (KMI) is holding a nonbinding open season through March 10 for firm natural gas transportation service on its Kinder Morgan Border Pipeline LLC (KM Border) and Kinder Morgan Tejas Pipeline LLC (KM Tejas) to serve the growing demand for natural gas supplies in Mexico.
Mexico’s first auction to reserve natural gas importation capacity produced its winners on Friday.
The volume of inlet gas received at the Sabine Pass LNG Terminal was up substantially during November and December, as was the number of export cargos. Meanwhile, during November the terminal saw four cargos depart for Mexico, twice as many as during the preceding nine months.