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Daily Prices

9/25/24

Mexico’s September Imports of U.S. Natural Gas on Record Pace — Spotlight

By Christopher Lenton

on
Published in: Mexico Gas Price Index Filed under:

North American natural gas prices treaded water this week. The New York Mercantile Exchange contract for October was trading at around $2.300/MMBtu on Thursday afternoon, roughly where it was last Thursday.

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Lower weather-driven demand was met by subdued U.S. production, which is now at around 100 Bcf/d, according to Wood Mackenzie estimates.

Mexico imports of U.S. natural gas powered forward. For the past 10 days through Thursday, Mexico imported 7.57 Bcf/d of pipeline U.S. natural gas, according to NGI calculations.

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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.