Natural Gas News

The Cargas team also met with heavyweights like the Nigerian Midstream and Downstream Petroleum Regulatory Authority and the National Automotive Design and Development Council.

As a result, the Henry Hub spot price, a benchmark for Asian natural gas, has recorded a 65% increase since the end of February.

The natural gas supply will be fed by a new CNG supply hub southeast of the city, which the company expects to commence operations at this month.

He also welcomed TotalEnergies' return to gas exploration in Egypt and cited the rich untapped potential of the Mediterranean and the advanced infrastructural backbone Egypt offers.

The initiative seeks to reinforce Mexico’s 21,149-kilometer pipeline network, boosting the country’s supply volumes. 

For the first time, these standards also enable the global gas industry to articulate the level of shale compressibility and fracability.

The agency ⁠also projected domestic gas consumption will fall from a record 91.9 bcfd in 2025 to ​91.2 bcfd in 2026 before rising to 94.4 bcfd in 2027.

A formal settlement filing is expected later this month. Evidentiary hearings are scheduled this week, with an Administrative Law Judge report due September 1.

Under the proposal, the Federal Electricity Commission (CFE) will invest roughly MX$53.8 billion ($2.75 billion) in nine pipeline projects.

Woodside plans to use offshore Browse gas fields to supply the ageing North West Shelf LNG plant, which secured a 40-year life extension through 2070.