NOVA/AECO C Canada Natural Gas Prices

Daily Change
0.11
5.00%
Month/Month Change
-0.13
-5.30%
Year/Year Change
-0.41
-15.10%
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Daily, Weekly and Bidweek Prices are in U.S.$/MMBtu except for locations in the Canada section which are in Cdn$/GJ. For more information, please see NGI's Price Methodology.

NGI's Natural Gas Forward Basis Prices are expressed in U.S.$/MMBtu and based on indicative data obtained from traders, exchanges and deals provided by energy companies. "Fixed Price" represent the forward prices of natural gas delivered for each reference period at the various locations/hubs. "Basis Price" represent the differential, for each reference period, between the Henry Hub and various locations/hubs. The Summer and Winter prices are simple averages of Apr-Oct (7 months) and Nov-Mar (5 months) respectively. "Bal Smr" and "Bal Wtr" prices represent simple averages of the remaining months in those seasonal strips (after at least one month has passed). For daily updates of these natural gas forward basis data in monthly bullets going out 5 years, contact sales at info@natgasintel.com.

NOVA/AECO C Description

Includes deals that are conducted anywhere within TransCanada's Alberta System, otherwise known as NOVA. NOVA charges a non-mileage based postage stamp rate to move gas along its system, called the NOVA Inventory Transfer (NIT), so theoretically, there is little difference in price for gas delivered anywhere within the NOVA grid. The AECO Hub is a trademarked name used to describe Niska Gas Storage's two facilities (Suffield and Countess), but the pricing point AECO C is a virtual point that has come to mean all gas that is traded along NOVA under the provisions of the NOVA Inventory Transfer service. Reported in $C/GJ.

NatGas Cash Eases, But Market Technicians Look For Futures Above $3

Physical natural gas for Wednesday moved little in trading Tuesday, with some producing basins reporting no movement at all and most points moving within a few pennies of unchanged. Read More

California Strength Lifts Physical NatGas; Futures Add 9 Cents

Physical natural gas for delivery Tuesday was on the rise on Monday aided by a strong screen and double-digit gains at western points prompted by maintenance events. At most market points, gains of a nickel or more were registered and only a few points fell into the loss column. Read More

NatGas Cash, Futures Take Similar Hits; September Down to $2.58

Physical natural gas for weekend and Monday delivery and the September futures contract joined hands Friday and waltzed to 10-cent and 9-cent declines, respectively. Read More
EIAStorage0818

Physical NatGas Can't Match Storage-Report Futures Gains; September Adds A Nickel

Physical natural gas traders Thursday hunkered down before release of the Energy Information Administration storage report, and both producing basins and market zone prices for Friday delivery varied within only a penny or two. Read More
EIAStorage0818

Modest Futures Gains Follow Release of EIA Natural Gas Storage Stats

Natural gas futures rose Thursday morning after the Energy Information Administration reported a storage injection that was a bit less than what the market was expecting. Read More

Slumping NatGas Cash Outdone by Tortoise-Like Futures Gains

Physical natural gas trading on Tuesday for Wednesday delivery at most market points was characterized for the most part by modest moves of a few pennies in either direction. Notable exceptions were the Northeast, with $2+ moves, and southern California, with double-digit swings. Read More

SoCal, New England Lift NatGas Cash; Futures Quiet

Looking at the majority of market points for Tuesday natural gas deliveries, one might conclude it was a lazy summer day's trading. However, Southern California and New England quickly put that to rest. Read More
20160812_HENRY_HUB_CHART_WEB_IMAGE

Strong Northeast Can't Offset Broader Weekly NatGas Losses

Not even a heavy-handed intervention by Mother Nature could keep weekly natural gas prices from sliding into the loss column. Hot, humid weather in New York, Philadelphia, and the East Coast sent heat indices deep into triple digits, but at the end of the week the NGI Weekly Spot Gas Average was 6 cents lower at $2.53. Read More

California Leads Weekend NatGas Higher; Futures Add A Few Pennies

Physical natural gas for weekend and Monday delivery, for the most part, mirrored the screen in Friday's trading. Read More
EIAStorage0811

NatGas Cash, Futures Inch Lower; September Drops A Penny Following Storage Stats

Physical gas traders for Friday delivery mostly laid low Thursday and got their deals done before the release of Energy Information Administration storage data. Nearly all points fell a few pennies into the red, with the exception of a few locations on the East Coast, where the combination of heat and humidity sent next-day prices higher by double digits. Read More