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IEA Forecasts Steady Growth in U S to Mexico Natural Gas Exports
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The Biden Administration to Establish a New Relationship with Mexico Where Clean Energy Sector May Play a Key Role | BakerHostetler
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TC Energy Looks to Complete Tula-Villa de Reyes Pipeline This Year
TC Energy Corp. expects to complete construction of the 886 MMcf/d Tula-Villa de Reyes pipeline in Mexico during 2021.
The construction timetable is subject to the “timely reopening of government agencies,” executives said last Thursday during a fourth quarter earnings call. Executives cited the coronavirus as impacting the project.
Upon completion, TC plans to phase-in service. The 261-mile line would connect to TC’s operating Tamazunchale pipeline, and to the Tuxpan-Tula pipeline, whose construction has been held up by a pending indigenous consultation process by Mexican Energy Ministry Sener.
President Andrés Manuel López Obrador has said in the past he would ask TC to seek an alternative route for the 56-mile middle section of Tuxpan-Tula because of local objections.
According to the U.S. Energy Information Administration’s (EIA) February 2021
Short-Term Energy Outlook (STEO), EIA forecasts that U.S. liquefied natural gas (LNG) exports will exceed natural gas exports by pipeline in the first and fourth quarters of 2021 and on an annual basis in 2022. Monthly U.S. LNG exports exceeded natural gas exports by pipeline by nearly 1.2 billion cubic feet per day (Bcf/d) in November 2020, according to EIA’s
Natural Gas Monthly. LNG exports have only exceeded natural gas exports by pipeline once since 1998 in April 2020 by 0.01 Bcf/d.
U.S. LNG exports set consecutive monthly records of 9.4 Bcf/d in November and of 9.8 Bcf/d in both December 2020 and January 2021, according to EIA’s estimates based on the shipping data provided by Bloomberg Finance, L.P. EIA forecasts that U.S. LNG gross exports will average 9.7 Bcf/d in February 2021 before declining to seasonal lows in the shoulder months of the spring and fall seasons. EIA forecasts LNG expo
Annual US LNG exports forecast to exceed pipeline exports in 2022
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