The new pipeline in the south will start in Tuxpan in the Mexican state of Veracruz and run by sea to link with the Mayakan pipeline in the states of Campeche and Tabasco.
FERC was hoping for an earlier hearing on the case against Total, but the administrative law judge in an order on July 27 said the “complexity of this matter” requires a longer timetable.
In the short term, higher gas prices will encourage power generators to run gas-fired turbines for fewer hours over the next few months, running coal-fired units instead, to reduce gas combustion.
“Good friends can disagree,” Biden told reporters after two meetings with Merkel at the White House where they discussed Russia’s Nord Stream 2 natural gas pipeline.
FERC alleged Total made intentionally losing trades—known as “uneconomic” trading—in order to affect index prices in the U.S. Southwest on at least 38 occasions between 2009 and 2012.
Find out what challenges are faced by the natural gas industry to construct new pipelines and how these challenges have impacted gas supplies in the Northeast.
During the winter storm in mid-February, Texas didn’t have enough natgas. A veteran gas analyst explains here.
Natural gas use dipped and renewable demand grew, eating into coal’s share of power generation, BP’s annual report says.
Even with warmer weather on the horizon, Refinitiv projected average gas demand would hold around 89.9 Bcf/d this week and next as rising prices prompt power generators to burn more coal and less gas to keep air conditioners humming.