U.S. Natural Gas Holds Key to Mexico LNG Projects, Power Plants
Mexico has big plans to become an LNG export powerhouse, but it might not have the pipelines or available capacity to do so, according to experts.
Mexico has big plans to become an LNG export powerhouse, but it might not have the pipelines or available capacity to do so, according to experts.
The United States could see increased upward pressure on natural gas prices compared with last winter, as cold weather and surging demand threaten to offset production gains, according to the National Gas Supply Association’s (NGSA) Winter Outlook.
In the forecast presented Wednesday, NGSA Chairman David Attwood, who is an ExxonMobil vice president, touted the “comeback story of U.S. natural gas production.”
Click here to listen to the latest episode of NGI’s Hub & Flow, as NGI’s Patrick Rau, director of strategy and research, discusses the structural changes in the U.S. natural gas market. Rau takes a deep dive into the massive upheaval in the markets from tight supply/demand fundamentals, international developments and policy changes in the United States.
Chancellor Olaf Scholz’s pledge for Germany to become independent from Russian energy imports “as soon as possible” is said to be supported by ambitious plans, including starting liquefied natural gas (LNG) imports by 2023.
New England’s natural gas pipeline constraints, global supply chain issues tied to oil and liquefied natural gas (LNG) deliveries, and prolonged periods of cold weather this winter could keep the region’s electric utilities from accessing sufficient fuel to meet customer demand and trigger emergency actions, according to power grid operator ISO New England Inc.
The Department of Energy (DOE) has approved a request by California’s electric grid operator to dispatch more than 200 MW of natural gas-fired generation capacity beyond currently permitted levels to compensate for projected shortfalls in power supply.
The Abu Dhabi National Oil Co. (Adnoc) has signed long-term sales agreements to supply two of the United Arab Emirates’ (UAE) leading industrial companies with natural gas over the next 10 years as the company aims to boost output and the nation’s economic growth.