Articles tagged natural gas imports

North American natural gas prices treaded water this week. The New York Mercantile Exchange contract for October was trading at around $2.300/MMBtu on Thursday afternoon, roughly where it was last Thursday.

The Atlantic storm season has come on strong early this year and with great force, leading to reduced demand for natural gas on both sides of the U.S.-Mexico border.

China, the world’s largest LNG importer, could bring in up to 80 million tons (Mt) this year as strong demand from the industrial, power generation, and transport sectors support consumption.

Improving Mexico’s energy fortunes may be as simple as changing the regulatory environment, experts said Thursday in San Antonio, TX.

Mexico’s reliance on U.S. natural gas imports is likely to increase if Claudia Sheinbaum, who is expected to win Mexico's June 2 presidential election, maintains the state-centric approach of outgoing President Andrés Manual López Obrador, aka AMLO, according to analyst Carlos Ramírez Fuentes.

A roundup of news and commentary from the global gas market

Mexico’s natural gas production averaged 4.05 Bcf/d in February 2024, compared to 4.29 Bcf/d in the same month a year ago. 

Poland has broken free of its dependence on Russian energy supplies, increasing both its natural gas pipeline and LNG imports from other suppliers.  

Mexico’s pipeline imports of U.S. natural gas should continue to grow over the coming years even in the most conservative demand scenarios, experts agreed this week at the US-Mexico Natural Gas Forum.

Four countries are expected to import LNG for the first time next year as expansion projects in the Americas, Asia-Pacific and Europe are expected to boost global regasification capacity by 23 Bcf/d in 2024.