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Christopher Lenton

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.

Christopher Lenton's avatar

Senior Editor, Mexico & Latin America | Santiago, Cl

@lenton_chris

email chris.lenton@naturalgasintel.com

U.S. Natural Gas Exports to Mexico Seen Breaking Records in 2024

U.S. Natural Gas Exports to Mexico Seen Breaking Records in 2024

Mexico’s natural gas market will continue its modernization and expansion in 2024, regardless of who wins the presidential election on June 2. Natural gas demand in Mexico, driven by the power sector, continues to rise. Power demand was up by around 440 MMcf/d in 2023 to 4.603 Bcf/d, according to Wood Mackenzie data. Natural gas…

January 16, 2024
Cenagas Awards Open Season Winners in Advance for Mexico Natural Gas Market – Spotlight

Cenagas Awards Open Season Winners in Advance for Mexico Natural Gas Market – Spotlight

Mexico’s Cenagas, operator of the national pipeline system known as the Sistrangas, has announced winners in the biggest open season under the administration of Andrés Manuel López Obrador. The state-run operator offered capacity to 19 end-users, distributors and shippers on the pipeline system, with almost all bidders receiving their requested amounts of uninterruptible capacity. This…

January 11, 2024
Mexico Natural Gas Market Poised for Growth in Pivotal Election Year

Mexico Natural Gas Market Poised for Growth in Pivotal Election Year

Mexico’s natural gas market will continue its modernization and expansion in 2024, regardless of who wins the presidential election on June 2. Natural gas demand in Mexico, driven by the power sector, continues to rise. Power demand was up by around 440 MMcf/d in 2023 to 4.603 Bcf/d, according to Wood Mackenzie data. Natural gas…

January 10, 2024
North American Natural Gas Futures Showing Signs of Life as Demand Picks Up – Mexico Spotlight

North American Natural Gas Futures Showing Signs of Life as Demand Picks Up – Mexico Spotlight

North American natural gas futures for February delivery kept rising this week as cold weather over the coming week promises to boost demand. The New York Mercantile Exchange February contract ended Thursday at $2.821/MMBtu, up 15.3 cents on the day. LNG demand in the United States has been strong at around 14 Bcf/d. Mexico imports,…

January 4, 2024
Iberdrola Brings 766 MW of Natural Gas-Fired Power Online in Mexico’s Sinaloa State

Iberdrola Brings 766 MW of Natural Gas-Fired Power Online in Mexico’s Sinaloa State

Spain’s Iberdrola SA has started operations at the 766 MW Topolobampo III natural gas-fired combined cycle plant in Mexico’s Sinaloa state. Iberdrola executives called the power plant a “highly efficient, digitally enabled, combined-cycle power plant, which aims to support Mexico’s renewable-rich grid and further renewable growth in the country.” The plant uses U.S. firm GE…

January 3, 2024
North American Natural Gas Futures Inching Up; Cenagas Announces 2024 Changes – Mexico Spotlight

North American Natural Gas Futures Inching Up; Cenagas Announces 2024 Changes – Mexico Spotlight

North American natural gas prices showed a little bit of momentum this week, but remained well under the $3 mark. The New York Mercantile Exchange contract for February natural gas ended its first day as the prompt month on Thursday at $2.557/MMBtu. January futures rolled off the board Wednesday 6.9 cents higher day/day at $2.619.…

December 28, 2023
Mexico’s Carso Developing Sonora-Baja California Natural Gas Pipeline

Mexico’s Carso Developing Sonora-Baja California Natural Gas Pipeline

Mexican conglomerate Grupo Carso SAB has signed a deal with state utility Comisión Federal de Electricidad (CFE) to build and operate a natural gas pipeline in the northwestern portion of the country. The natural gas pipeline would run across the states of Sonora and Baja California for a distance of about 416 kilometers, or around…

December 26, 2023
Mexico Seen Healthy and Bucking 2024 Trend in Politically Troubled Latin America

Mexico Seen Healthy and Bucking 2024 Trend in Politically Troubled Latin America

Mexico could have a good year in 2024 despite a degree of uncertainty in Latin America, according to analysts at New York City-headquartered political risk consultancy Eurasia Group. The analyst team led by Latin America managing director Daniel Kerner highlighted Mexico President Andrés Manuel López Obrador’s high and stable approval ratings, “based on a solid…

December 20, 2023
Billionaire Carlos Slim Accumulating Mexico Oil, Natural Gas Assets

Billionaire Carlos Slim Accumulating Mexico Oil, Natural Gas Assets

Mexican conglomerate Grupo Carso SAB has bought into another Mexico oil and natural gas field in shallow waters offshore Campeche. Carso subsidiary Zamajal SA de CV would acquire PetroBal SAPI de CV and its 50% interest in the Ichalkil and Pokoch fields. PetroBal is the oil and gas subsidiary of Mexican conglomerate Grupo Bal. The…

December 19, 2023
U.S. Natural Gas Production, Breaking Records, Keeps Prices in Check for Mexico End-Users – Spotlight

U.S. Natural Gas Production, Breaking Records, Keeps Prices in Check for Mexico End-Users – Spotlight

North American natural gas futures slumped below $2.500/MMBtu this week amid ample supplies and weak domestic demand. Mexico demand for attractively priced U.S. gas, though, hasn’t abated.  For the past 10 days through Thursday, average pipeline imports of U.S. natural gas into Mexico averaged 6.59 Bcf/d. This was an increase of  0.80 Bcf/d over the…

December 14, 2023