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Friday, June 12, 2020

US Natural Gas Exports To Mexico Hit New Record High -- June 12, 2020

This may be the best story I've read all week. It is such a great story on so many levels.


New York state may not want US fossil fuel but Mexico certainly appreciates the US. LOL.

From S&P Global Platts:
US gas pipeline exports to Mexico surged to a new single-day record high this week, propelled by warming summer weather and a soft opening of Mexico's economy earlier this month.
On June 10, US exports jumped to nearly 5.9 Bcf/d.
On June 12, evening cycle data, which could be yet revised, showed export volumes down significantly from the earlier high at an estimated 5.5 Bcf/d.
The midweek uptick on import pipelines in Mexico was widespread across nearly all of the border regions, with higher volumes on North Baja Pipeline, San Isidro – Samalayuca Pipeline, Kinder Morgan Mexico Pipeline, Nueva Era Pipeline, Tennessee Gas Pipeline and the Sur de Texas – Tuxpan Pipeline.
A 400 MMcf/d increase in south Texas exports, accounting for a sizeable portion of the gain, was driven by Sur de Texas, with most of the incremental volumes going to Tamazunchale Pipeline, which feeds large population and industrial centers in central Mexico.
After reopening economic activity in Mexico lifted US gas exports into the low 5 Bcf/d range earlier this month, volumes were propelled to the new record high mostly by weather. On June 10, population-weighted temperatures climbed to over 77 Fahrenheit, or nearly 4 degrees above normal.
For more on Sur de Texas, see these posts:
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For The Two New Grandsons
Age: Three Months


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