NGI Mexico GPI

Temperatures in many parts of the Lower 48 are expected to cool down in the coming week Hurricane Isaias could further weaken energy demand Continued spread of the coronavirus dampened sources of demand outside of weather   September natural gas futures on Friday declined for a second day in a row as summer heat was…

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. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

The U.S. EIA reported an injection of 26 Bcf natural gas storage for the week ending July 24 Forecasts shifted further cooler for early August Concerns simmered about liquefied natural gas exports September natural gas futures sunk on Thursday after a higher-than-expected storage build and forecasts for moderating heat amplified demand and containment concerns as…

TC Energy Corp. expects the phased entrance into service of the 886 MMcf/d Tula-Villa de Reyes pipeline in Mexico to occur in the first half of 2021. The delayed pipeline has been further held back by coronavirus contingency measures, which have impeded granting work authorizations because of administrative closures, executives said Thursday during a second…

BREAKING: U.S. EIA reports injection of 26 Bcf into storage for week ending July 24, slightly above expectations U.S. pipeline supply to Mexico reached record highs in July August natural gas futures climbed higher for a second consecutive day as storage capacity concerns eased and traders adjusted positions ahead of the September contract becoming the…

Natural gas exports from West Texas to Mexico could average up to 1.5 Bcf/d throughout the second half of 2020 and 2021, driven by the completion of new infrastructure south of the border, according to a new analysis by Rystad Energy. Fermaca’s Villa de Reyes-Aguascaliente-Guadalajara (VAG) pipeline began operations in June, marking the completion of…

U.S. pipeline supply to Mexico surging to record highs During the July 20-24 period, the United States exported nearly 6.4 Bcf/d to Mexico Spot prices advanced, led by jumps in California and West Texas August natural gas futures rebounded Tuesday amid news of continued robust exports to Mexico and a varied weather outlook that anticipates…

Mexico’s Petróleos Mexicanos (Pemex) held steady its oil and gas production in the second quarter despite major upheaval in oil markets caused by the coronavirus pandemic.  Liquid hydrocarbons production was 1.693 million b/d in the second quarter, flat compared with year-ago output of 1.690 million b/d.  The figure included the 100,000 b/d of output shut-in…

Natural gas futures lost momentum as national forecasts shifted cooler Storm activity in the Gulf of Mexico also ushered in milder temperatures through parts of the central United States Cash prices moved higher, led by surges in California August natural gas futures lost momentum on Monday, as storm activity in the Gulf of Mexico (GOM)…