Christopher joined NGI as a Senior Editor for Mexico and Latin America in November, 2018. Prior to that, he was a Senior Editorial Manager at BNamericas in Santiago, Chile. Based out of Santiago, he has covered Latin American energy markets since 2009 as a reporter, editor and analyst. He has an MA in International Economic Policy from Columbia University and a BA in International Studies from Trinity College.
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Articles from Christopher Lenton
May Natural Gas Futures Eke Out Gain Tuesday; Spot Prices Slip
Natural gas futures crept higher Tuesday amid estimates that showed sliding production and strengthening LNG exports. But an increasingly bearish weather outlook kept gains in check. The May Nymex gas contract on Tuesday eked out a gain of nine-tenths of a cent day/day and settled at $2.106/MMBtu. June rose 1.1 cents and closed at $2.344.…
April 5, 2023
Mexico Natural Gas Output Continued Upward Trend in February
Natural gas production in Mexico has continued to creep upwards so far in 2023, a trend that began in 2022. Domestic output averaged 4.29 Bcf/d in February, up from 3.94 Bcf/d in February 2022. Natural gas production in Mexico averaged 4.25 Bcf/d in January. State oil company Petróleos Mexicanos (Pemex) supplied 4.07 Bcf/d of the…
April 4, 2023
BLM’s Proposed Land Management Shift to Add Conservation Leasing
The Bureau of Land Management (BLM) is proposing to change how public lands are managed to put conservation on equal footing as other uses, including oil and natural gas extraction. The BLM plan for conservation leasing would entail a time-limited lease of public land that allows interested organizations to conduct specific restoration or mitigation activities.…
April 3, 2023
North American Trade Relations Sour; Light Natural Gas Prices Persist – Mexico Spotlight
On its first day as the prompt month, the May New York Mercantile Exchange natural gas futures contract lost 8.0 cents day/day on Thursday and settled at $2.104/MMBtu. June fell 9.0 cents to $2.358. On Wednesday, April futures fell 3.9 cents day/day to roll off the books at $1.991/MMBtu, the lowest price all month. U.S.…
March 30, 2023
NTSB Investigating Deadly Pennsylvania Chocolate Factory Explosion
An explosion last Friday (March 24) at a chocolate factory in West Reading, PA, that took the lives of seven people is under investigation as a potential natural gas fire. The National Transportation Safety Board (NTSB) has opened a safety investigation into what it called via a tweet a “natural gas explosion and fire.” Reports…
March 29, 2023
Mexico Pacific Adds New Offtake Deal, Still Working Toward Sanctioning of LNG Project
Mexico Pacific Limited LLC (MPL) and Shell plc have signed another offtake agreement for MPL’s Saguaro Energía LNG export terminal proposed for Puerto Libertad in Mexico’s Sonora State. MPL on Monday said it has agreed to supply another 1.1 million metric tons/year (mmty) of liquefied natural gas to an affiliate of Shell plc from its…
March 28, 2023
Indonesia Energy Sees Natural Gas Potential in ‘World Class’ Sumatra Block
Jakarta-based exploration and production company Indonesia Energy Corp. Ltd. (IEC) sees potential gas production starting next year from its Kruh-28 well on the island of Sumatra. “We believe that the Kruh Block is a world class asset and, in order to maximize future production capability, we have commenced on our program of conducting seismic operations…
March 27, 2023
North American Natural Gas Prices in Doldrums, but Industry Eyeing Longer Term Trends – Mexico Spotlight
North American natural gas prices are again testing $2.00/MMBtu as the market remains oversupplied amid light demand from a warmer than usual winter. The April New York Mercantile Exchange gas futures contract lost 1.7 cents day/day on Thursday and settled at $2.154. May fell 2.4 cents to $2.283. A day earlier, both shed more than…
March 23, 2023
Italy’s Eni Adds to Mexico Oil, Gas Production Potential With New Discovery
Italy’s Eni SpA, one of Mexico’s leading private sector oil producers, has found more oil and natural gas offshore Mexico. Its most recent find was in the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin in the Gulf of Mexico. Eni thinks there are…
March 20, 2023
Guyana Plans to Monetize Natural Gas Output, ‘Huge Potential’ Seen
Guyana is fast becoming a regional oil powerhouse, and the country’s vice president Bharrat Jagdeo thinks natural gas is the next step for the small nation at the northern tip of South America. Jagdeo spoke during CERAWeek by S&P Global in Houston earlier this month. “The gas to energy program is going to start producing…
March 16, 2023