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
With ‘Unobstructed Rule’ on the Line, Mexican Midterm Outlook Said Still Unclear
With less than four weeks to go before Mexico’s potentially transformative midterm elections, pollsters are still trying to get a clear picture of what to expect. According to the director of public polling at Mexican daily El Financiero, Alejandro Moreno, Mexico remains in a period of “volatility and uncertainty” and a lot can still change…
May 11, 2021
Mexico Natural Gas Market Spotlight: West Coast Supporting Demand, Prices
Strong demand on Mexico’s Pacific Coast helped prop up Waha’s May bidweek price, which jumped 31.0 cents month/month to average $2.685. Spurred by new infrastructure and demand on the West Coast, Mexico imports via pipeline from the United States have been unseasonably strong, spiking to a record 7.1 Bcf/d in mid-April. Analysts at Energy Aspects…
May 6, 2021
Comstock Looking at ‘Moderate’ Haynesville Natural Gas Production Growth as Prices Rise
Haynesville Shale giant Comstock Resources Inc. should see “moderate” production growth this year as market conditions improve, executives said Wednesday during a first quarter earnings call. The Frisco, TX-based independent has 323,000 net acres in the Haynesville/Bossier formations across East Texas and North Louisiana, one of the gassiest regions of the country. Production this year…
May 6, 2021
Brazil’s Petrobras Giving Customers Option to Price Natural Gas Off Henry Hub
Petróleo Brasileiro SA (Petrobras) said on Monday it will allow prices indexed to Henry Hub to be used in the sale of natural gas to distributors. The move is part of an ongoing gas market reform spurred by new legislation opening the midstream and downstream segments to new players. Inspired by the “prospect of a…
May 5, 2021
Pemex Natural Gas Flaring Up 50% in First Quarter as Production Remains Flat
Mexico’s Petróleos Mexicanos (Pemex) reported a steep rise in the flaring and venting of its natural gas in its first quarter earnings call. Natural gas production was 3.70 Bcf/d in the first quarter of 2021, down slightly compared to the 3.71 Bcf/d reported in 1Q2020. But natural gas flaring shot up to 712 MMcf/d, from…
May 3, 2021
Mexico Natural Gas Market Spotlight: March Prices Come Back to Earth After February Shock
Mexico natural gas prices dropped to $3.61/MMBtu in March after soaring to $21.37/MMBtu in February, according to the latest IPGN monthly natural gas price index published by the Comisión Reguladora de Energía (CRE). The prices, however, were higher compared with March 2020, when the CRE reported prices of $2.22/MMBtu. The February prices reflected freezing weather…
April 29, 2021
Hess Considering Adding Third Bakken Rig on Strong Oil Prices
Hess Corp. is considering adding a third rig in the second half of 2021 in the Bakken Shale of North Dakota if oil prices remain strong, executives said during an earnings call. Adding a fourth rig in the future “would get output to 200,000 b/d and make the Bakken a $1 billion/year free cash flow…
April 29, 2021
North American Energy Integration Promotes Efficiency, Higher Standards of Living, Says Yergin
Mexico, the United States and Canada have benefitted from the energy integration of North America through greater energy security and improved standards of living, according to IHS Markit Vice Chairman Daniel Yergin. Speaking Tuesday at the La Convención Nacional Petrolera virtual conference organized by Mexican oil and gas association Asociación Mexicana de Empresas de Hidrocarburos…
April 27, 2021
Investing in Natural Gas Pipelines Said to Move U.S. to Net Zero Faster
A new report by Columbia University’s Center on Global Energy Policy has found that investing in the U.S. natural gas pipeline network could be crucial to helping the United States reach its 2050 net-zero emission goals. “Fortifying and upgrading the system could prepare the existing infrastructure to transport zero-carbon fuels as they become available and,…
April 27, 2021
Argentina Ramping Up LNG Imports Ahead of Southern Hemisphere Winter
Argentina has commissioned a second floating storage and regasification unit (FSRU) to meet higher-than-expected natural gas demand this upcoming winter in the Southern Hemisphere. The country’s natural gas buyer, Integración Energética Argentina (Ieasa), has leased an Excelerate Energy LP FSRU for the Bahía Blanca port. This will add to the existing FSRU now stationed at…
April 26, 2021