Chris Noon

Latin America editor

Chris Noon has reported on international affairs, finance and the European power markets for Forbes, Oxford Analytica, HSBC and most recently ICIS Heren. While at ICIS, he wrote news and analysis on the European power, gas, carbon and coal markets, with special expertise in French, German, Central and Eastern European and Russian power.

Email: chris.noon@interfax.co.uk
A gas-fired power plant in Brazil. (Petrobras)

Prumo bails out Bolognesi in Brazil

A Brazilian logistics giant is rescuing one of Bolognesi’s hyped LNG-to-power megaprojects. But can it save the other?

20 July 2017
A wellpad in the Vaca Muerta shale, Argentina. (YPF)

Vaca Muerta undercuts best US plays – report

Argentina’s Vaca Muerta is outshining several US plays, but it has some way to go before it rivals the mighty Marcellus.

18 July 2017

Sluggish Latin economies will hit demand – IEA

The IEA is bullish on South American LNG demand, putting it at odds with the Oxford Institute for Energy Studies.

17 July 2017
The Dolphin platform off the Trinidadian coast. (BG Group)

BP projects will turn tide in Trinidad in 2019 – expert

Projects controlled by BP’s Trinidadian unit are the Caribbean country’s best hope of boosting its gas production, which has slumped in recent years.

14 July 2017
A deepwater drilling rig in Brazil. (Anadarko)

Chinese investment boosts Brazil’s pre-salt prospects

China bailed out cash-strapped Petrobras in 2016. Now, CNPC is staking a claim in Brazil’s pre-salt sector.

11 July 2017

Peru LNG swaps Mexican customers for Spanish

The premium of European prices to the Henry Hub benchmark suggests that Peru LNG, and its sole offtaker Shell, will continue to court the continent rather take its cargoes to Mexico.

10 July 2017
Argentine President Mauricio Macri has issued nearly $19 billion in debt. (PA)

Argentine debt mars rewards for gas producers

Argentina is offering generous rewards for gas production, but companies may have to wait for Buenos Aires to clear its debts.

6 July 2017

South American LNG demand hangs in balance

South America’s two giants have slashed combined spending on gas imports. But the situation is delicately balanced.

3 July 2017
Gas balance and flows, 2016. (Interfax/Enel)

South American pipeline and LNG trade falters

The prospects for increasing traded volumes in South America are poor, principally because demand is waning in Brazil and Argentina.

26 June 2017
An LNG cargo arrives in Brazil. LNG could still play a key role in the country despite production growth. (Petrobras)

Renewables throw LNG a lifeline in Latin America

Do not write off Latin America’s LNG sector just yet. Renewables will need a hefty back-up, conference speakers in Houston argued this week.

23 June 2017

Latin American gas drilling returns to recent lows

There were 17 rigs drilling for gas in Latin America in May 2017, the same number as in March – which was the lowest level since records began.

23 June 2017
Mexico’s Manzanillo LNG terminal could receive monthly LNG cargoes until 2018. (Samsung C&T)

Mexican demand surprises US LNG industry

Mexico’s demand for US LNG has been stronger than expected. But it may be a short-lived phenomenon, conference delegates in Houston heard.

22 June 2017

Trinidad stays calm as storm clouds gather

Trinidad’s government is optimistic about the future, despite gas output falling by more than 20% since 2013.

19 June 2017
The launch of the third bidding session for Round 2 last year. The fourth session is expected in December. (Sener)

Mexico to offer 70 shale blocks in December – source

Mexican authorities are gearing up to offer around 70 blocks in the country’s inaugural shale round. It is an ambitious plan, say experts.

16 June 2017
A well in the Vaca Muerta shale gas formation. Producers in the play are maximising their output. (YPF)

Vaca Muerta’s producers drive ‘radical change’

Argentina’s drillers may have finally cracked Vaca Muerta. The secret to their success? Horizontal wells and longer laterals.

13 June 2017

Flickers of life in Brazilian gas demand

Brazil's economy is emerging from a severe recession, but it is too soon to say if gas demand is bouncing back.

12 June 2017
The Dolphin platform offshore Trinidad. Shell now has significant assets in the country. (Shell)

Shell joins dots in Trinidad-Venezuela puzzle

Shell has beefed up its offshore presence in Trinidad and Tobago, bringing the supermajor a step closer to Venezuela’s giant untapped fields.

6 June 2017

US could lose LNG initiative with Paris exit

The decision of the US to pull out of the Paris agreement could mean Washington’s gas advocacy loses political clout.

5 June 2017
Pipelines on Argentina’s Transportadora de Gas del Norte network. (TGN)

Signs of thaw in Bolivia-Argentina export spat

Bolivia has offered an olive branch to Argentina over gas exports after a month of political tension. La Paz’s bargaining position is looking increasingly weak.

1 June 2017

Mexican gas production in freefall

Mexico has let gas production slide in favour of cheap imports from Texas. It is a risky strategy as NAFTA hangs in the balance.

31 May 2017

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