Christopher Lenton

Mexico natural gas buyers have been pleasantly surprised so far this winter as natural gas futures prices continue to be lower than once expected. Amid warming weather across the United States, natural gas prices for February and March this week slumped to below $4.00/MMBtu. The February New York Mercantile Exchange gas futures contract settled at…

Natural gas production out of the U.S. Gulf Coast should rise over the next decade as it continues to look toward the export market, according to researchers at Louisiana State University’s (LSU) Center for Energy Studies. In the center’s latest Gulf Coast Energy Outlook (GCEO) authors David E. Dismukes and Greg Upton said that in…

Mexico’s natural gas market made it relatively unscathed through the brutal winter storm that lashed most of the United States. On Christmas Day, Comisión Federal de Electricidad (CFE) said power had been restored to 175,894 users in the states of Tamaulipas, San Luis Potosí and Veracruz. They lost service from disruptions related to the cold…

Enstar Natural Gas Co., Alaska’s top natural gas distributor, is ready to be sold to yet another Canadian firm. Calgary-based energy infrastructure firm AltaGas Ltd. is bowing out, and Calgary’s TriSummit Utilities Inc. is moving in with the final approval secured from Alaskan regulators. The sale includes AltaGas’ 100% interest in Enstar, which has about…

With natural gas traders’ fingers and toes still thawing out from the weekend’s Arctic blast, most remained on the sidelines of the action on Tuesday. However, with the potential for cold to return before mid-January and U.S. production sharply lower following widespread freeze-offs, the January Nymex gas futures contract eked out a 20.3-cent gain to…

Mexico’s natural gas production continued to surprise in November, rising to 4.431 Bcf/d from 3.872 Bcf/d in the same month last year. Production was also up considerably compared to the 4.04 Bcf/d in October, according to the latest data from upstream regulator Comisión Nacional de Hidrocarburos (CNH). Production averaged 4.079 Bcf/d through the first eleven…

Natural gas production out of the U.S. Gulf Coast should rise over the next decade as it continues to look toward the export market, according to researchers at Louisiana State University’s (LSU) Center for Energy Studies. In the center’s latest Gulf Coast Energy Outlook (GCEO) authors David E. Dismukes and Greg Upton said that in…

Memories of Winter Storm Uri were fresh on the minds of natural gas buyers in Mexico as a cold front raced south through the United States and down into Texas. Mexico’s power grid operator Cenace warned that up to 9,000 MW of natural gas-fired power could be under stress due to limited natural gas supply.…

Argentina has secured financing for the second leg of the Nestór Kirchner natural gas pipeline system, energy secretary Flavia Royon said last week during a conference in Buenos Aires. She said the state had obtained financing for $689 million from the Brazilian National Development Bank and another $540 million from Latin American development bank Corporacion…