Natural Gas News – March 2, 2018

Natural Gas News – March 2, 2018

U.S. Natural Gas Trade Groups Says Steel Import Tariffs May Delay New Projects

Reuters reported: U.S. natural gas trade groups said on Thursday they are concerned that new U.S. steel import tariffs could delay or reduce new pipeline projects as well as dent exports of liquefied natural gas. U.S. President Donald Trump said on Thursday the United States will impose tariffs of 25 per-cent on steel imports and 10 percent on imported aluminum next week. The type of pipe and the steel used to make large diameter, thick-walled pipe used for interstate natural gas pipeline projects are niche products that are not available off the shelf or even from a wide variety of manufacturers, a spokeswoman for the Interstate Natural Gas Association of America said in an emailed statement. For more on this story visit reuters.com or click http://reut.rs/2F4UNo1

Mexico’s Reliance on Texas Natural Gas Depends on NAFTA

Houston Chronicle reported: Much ado has been made about overseas exports of U.S. natural gas. Picture the images of giant carriers pulling out of seaside terminals along the Gulf Coast, destined for Latin America or Asia through the newly widened Panama Canal. But a quieter affair with neighboring Mexico, conducted via a growing network of subterreanean pipelines, has had an even greater bearing on the U.S. energy export market. Four years after overhauling its energy policies, Mexico has come to rely ever more heavily on inexpensive and plentiful natural gas from West Texas as its own production plummets. It’s a serious relationship, and its future largely depends on the North American Free Trade Agreement, which makes it easier for Texas oil and gas producers to pipe their products across the border. “We have a lot at stake as NAFTA negotiations continue,” said Todd Staples, president of the Texas Oil and Gas Association, a trade group. For more visit houstonchronicle.com or click http://bit.ly/2F4h1GR