Natural Gas Storage, Pipelines Said Pressing Needs in Mexico as Energy Demand Grows
Mexico’s power demand is growing faster than forecast, and its infrastructure is falling behind, according to analysts at Fitch Ratings.
Senior Editor, Mexico & Latin America
Santiago, CL
Mexico’s power demand is growing faster than forecast, and its infrastructure is falling behind, according to analysts at Fitch Ratings.
North American natural gas futures for the coming summer months rose above the $3.00/MMBtu mark this week.
FERC finally has five commissioners once again after the Senate approved President Biden’s three nominees.
Utility Entergy Texas Inc. is forecasting the need to add 40% more generation capacity to its fleet to meet economic and population growth in southeast Texas.
Mexico’s Comisión Federal de Electricidad (CFE) has won an arbitration case against Whitewater Midstream LLC related to Winter Storm Uri.
North American natural gas prices continued to be in rally mode, with prices moving in the direction of $3.00/MMBtu Thursday amid hot weather and high demand.
Mexico’s Claudia Sheinbaum swept to victory in the general election on Sunday, becoming the nation’s first female president in a historic vote that saw her Morena party strengthen its grip on the country’s political establishment.
North American natural gas prices for the coming months remained pressured on the low side this week at around $2.500/MMBtu as Mexico turned its attention to this weekend’s historic presidential elections.
Improving Mexico’s energy and natural gas fortunes may be as simple as changing the regulatory environment, experts said recently in San Antonio, TX.
North American natural gas futures have been on a hot streak these past two weeks as warmer temperatures and tighter supplies provided market bulls with some optimism.