trending Market Intelligence /marketintelligence/en/news-insights/trending/UHHCiArdo2JGuYFezOtvbg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

With US gas in mind, companies bid hard on Mexican pipeline capacity

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights - September, 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August


With US gas in mind, companies bid hard on Mexican pipeline capacity

Companies expressed interest in injection points that push U.S. natural gas into Mexican pipelines during transportation capacity auctions in that country in the last year, the U.S. Energy information Administration said.

SNL Image

The EIA's June 8 "Natural Gas Weekly Update" covered Mexico's first open seasons for transportation capacity rights on the country's natural gas transportation and storage system. Mexico's National Center for Natural Gas Control, or CENAGAS, hosted two open seasons: one round in October 2016 and a second round on May 8, 2017. The public entity manages Mexico's gas grid, which has 6,256 miles of pipeline capable of transporting 6.3 Bcf/d. CENAGAS took over the system from PEMEX Gas y Petroquímica.

The EIA expected the demand for such capacity to outpace supply. Kinder Morgan Inc.'s Kinder Morgan Texas Pipeline LP interconnect at Pesqueria and the Ramones delivery point connected to the NET Mexico Pipeline Partners LLC system are two of the most oversubscribed injection points, the agency said.

Companies that bid on transportation capacity will have until mid-June to sign contracts with CENAGAS. The capacity contracts will last until June 30, 2018.

Of the total gas transportation capacity on the gas grid, CENAGAS auctioned 4.1 Bcf/d in the first round. About 1.1 Bcf/d went to Mexico's Comisión Federal de Electricidad, 1.4 Bcf/d went to PEMEX, and 1.6 Bcf/d went to independent power producers in the country.

In the second round, 24 local and international companies requested 3.6 Bcf/d, the EIA said, but CENAGAS allocated only the available 2.2 Bcf/d. PEMEX secured the majority of the remaining capacity. It received 59% of the available capacity. Energy and gas provider ENGIE and steel manufacturer ArcelorMittal received 7% each of the awards. Shell Trading Co. in Mexico was awarded 6%, Grupo Alpha got 5%, and the remaining 338 MMcf/d was awarded to 19 other companies, including various gas retailers.