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Kinder Morgan Sees Synergies for Natural Gas System from Texas Permian Project
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Kinder Morgan Inc.’s natural gas business outperformed in the final three months of 2017, driven mostly by growth in... Read More
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NGI's Daily Gas Price Index

January 19, 2018

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Natural Gas Futures Stumble Before Afternoon Rally; Cash Plunges on Warmer Temps

Natural gas futures stumbled Thursday after a bearish miss on the Energy Information Administration's weekly storage figure, but an afternoon rally helped limit the damage.
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Mexico Zama Discovery to be Appraised Later this Year, Premier Oil Says

Premier Oil plc expects to kick off an appraisal program for the offshore Zama discovery in southern Mexico by 2H2018 or early 2019, according to a company trading and operations update.
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Supreme Court Petitioned to Hear Constitution Pipeline Saga

Constitution Pipeline Co. LLC is refusing to back down in its saga to get its beleaguered 124-mile natural gas pipeline approved and has petitioned the U.S. Supreme Court to review an appeals court ruling in August against the project.

FERC Authorizes Transco Lateral to Supply Louisiana Methanol Plant

FERC has issued a certificate of public convenience and necessity to Transcontinental Gas Pipe Line Co. LLC for the proposed St. James Supply Project, a methane-to-methanol facility under construction in Louisiana that could produce 1.8 million metric tons/year of commercial-grade methanol.

Gail, Gazprom Renegotiate Russia LNG Supply Contract

India's state-owned natural gas utility, Gail (India) Ltd., said it has renegotiated its 20-year contract to purchase liquefied natural gas from Russia's Gazprom, with deliveries expected to begin in the second quarter.
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EIA Natural Gas Storage Report a Bearish Miss; Futures in Retreat

The Energy Information Administration (EIA) reported a natural gas storage withdrawal Thursday that fell short of consensus estimates, and in response, futures sold off sharply.
Monthly-Forward-Premium-of-South-Texas-Pipelines-vs-Waha-20180118

Kinder Morgan Sees Synergies for Natural Gas System from Texas Permian Project

Kinder Morgan Inc.’s natural gas business outperformed in the final three months of 2017, driven mostly by growth in...

Market’s Attention Turns to EIA Storage; February Natural Gas Called Lower

February natural gas was set to open Thursday about 4 cents lower at around $3.190/MMBtu, with the market turning its attention to the 10:30 a.m. EDT release of this week's government storage report.
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Natural Gas Futures Set Eight-Month High on Tight Storage Outlook; Cash Eases After Spikes

Natural gas futures rallied to an eight-month high Wednesday ahead of Energy Information Administration (EIA) storage data that was expected to show another large pull to follow last week’s record. After a winter storm dropped snow and ice across the South, spot prices retreated Wednesday from weather-driven premiums set the day before; the NGI National Spot Gas Average fell $1.07 to $4.36/MMBtu.
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Demand For Alberta Natural Gas to be Confined to Western Canada, Says TransCanada

Alberta industry will take over exports to the United States as the engine of growth in Western Canadian...

PetroLogistics Brand Resuming Hunt to Develop North American Petrochem Projects

With private capital commitments of $500 million-plus, PetroLogistics II LLC’s sponsors said Tuesday they plan to follow the trail of their predecessor company to acquire, develop and operate petrochemical assets in North America.
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Mexico’s Annual Energy Compendium Includes Stats from Pemex, Sener and Trade Ministry

Mexico's energy ministry, the Secretaría de Energía (Sener), recently published an annual compendium of statistics that provides invaluable information on the nation's natural gas industry.

BP Adding $1.7B Charge in 4Q for Macondo Claims

BP plc said Tuesday it plans to take a $1.7 billion charge in its fourth quarter earnings because of additional claims related to the tragic Macondo well blowout in April 2010.

China, India to Lead Renewables Charge in Coming Decades, Says IEA Director

The United States will become the world's top producer of oil and natural gas over the next several decades, but China and India will lead a host of developing countries in embracing clean energy technologies for power generation as costs for renewables continue to decline.

February Natural Gas Called Higher as Medium-Term Cold Shot Spotted

February natural gas was set to open Wednesday about 7 cents higher at around $3.196/MMBtu, as forecasters noted some potential heating demand gains later this month.

3D"Sign

NGI's Bidweek Alert Day 5 - December 29 for January 2018
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce -- --
Florida Gas Zone 1 -- --
NGPL S. TX -- -0.07 to -0.07
Tennessee Zone 0 South -- -0.12 to -0.12
Texas Eastern S. TX -- -0.08 to -0.08
Transco Zone 1 -- -0.06 to -0.05
East Texas
Carthage -- -0.13 to -0.13
Houston Ship Channel 2.62 to 2.69 --
Katy -- --
NGPL TexOk 2.57 to 2.57 -0.175 to -0.165
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 2.11 to 2.62 --
Transwestern 2.27 to 2.35 --
Waha 2.29 to 2.31 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.79 to 3.79 --
Chicago - Nicor Gas 2.86 to 3.59 --
Chicago - NIPSCO 2.79 to 3.79 --
Chicago - North Shore -- --
Chicago - Peoples 3.04 to 3.54 --
Consumers Energy -- 0.035 to 0.06
Dawn 3.40 to 3.78 0.19 to 0.35
Emerson -- 0.12 to 0.28
Joliet -- --
Lebanon -- -0.10 to -0.095
Michigan Consolidated 2.85 to 3.00 -0.065 to -0.04
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- -0.0925 to -0.0875
REX into MGT - Edgar -- -0.09 to -0.09
REX into NGPL - Moultrie -- -0.09 to -0.09
REX into PEPL - Putnam -- -0.095 to -0.095
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.38 to 2.87 -0.29 to -0.27
Enable East 2.77 to 2.77 -0.20 to -0.20
Enable West -- --
NGPL Midcontinent 2.34 to 2.40 --
Northern Border Ventura -- --
Northern Natural Demarc 2.70 to 3.20 0.03 to 0.04
Northern Natural Ventura 2.87 to 5.00 --
OGT 2.53 to 2.60 -0.55 to -0.55
Panhandle Eastern 2.32 to 2.82 -0.345 to -0.34
Southern Star 2.38 to 2.81 --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.12 to -0.11
Trunkline Zone 1A -- -0.12 to -0.12
South Louisiana
ANR SE -- -0.095 to -0.085
Columbia Gulf Mainline -- -0.135 to -0.1175
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- 0.0025 to 0.005
Southern Natural -- -0.0675 to -0.06
Tennessee Line 500 -- -0.065 to -0.06
Tennessee Line 800 -- -0.0875 to -0.0825
Texas Eastern E. LA -- -0.095 to -0.07
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.025 to -0.01
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.0225 to -0.02
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0325 to 0.00
Transco Zone 5 -- 2.30 to 3.15
Transco Zone 5 North -- --
Transco Zone 5 South -- 2.30 to 3.15
Appalachia
Columbia Gas -- -0.24 to -0.19
Dominion North -- -0.475 to -0.455
Dominion South -- -0.48 to -0.435
Leidy Hub -- --
Millennium East Pool -- -0.50 to -0.44
Tenn Zone 4 200L -- -0.24 to -0.125
Tennessee Zn 4 313 Pool -- --
Tennessee Zn 4 Marcellus -- -0.62 to -0.57
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.485 to -0.445
Texas Eastern M-3, Delivery -- 1.70 to 2.80
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.53 to -0.45
Northeast
Algonquin Citygate -- 8.50 to 10.25
Algonquin Citygate (non-G) -- 8.50 to 10.25
Algonquin Receipts -- --
Iroquois Zone 2 -- 3.60 to 4.60
Iroquois, Waddington -- 2.22 to 3.10
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 9.50 to 9.50
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- 2.30 to 3.25
Transco Zone 6 non-NY North -- 2.30 to 3.25
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- 4.50 to 5.40
Rocky Mountains
Cheyenne Hub 2.42 to 2.70 --
CIG 2.39 to 2.47 --
CIG DJ Basin 2.25 to 2.34 --
El Paso Bondad -- --
El Paso non-Bondad 2.35 to 2.80 --
Kern River -- --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 2.79 to 3.06 --
Northwest Wyoming Pool -- --
Opal 2.51 to 2.80 --
Questar -- --
Stanfield -- --
Transwestern San Juan 2.41 to 2.54 --
White River Hub 2.70 to 2.70 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.90 to 2.90 --
California
Malin 2.55 to 2.80 --
PG&E Citygate 2.80 to 2.93 --
SoCal Citygate 3.73 to 4.10 --
Southern Border, PG&E -- --
Southern Border, SoCal 2.87 to 3.04 --
SoCal Border Avg. 2.87 to 3.04 --
Canada
Empress -- --
NOVA/AECO C 1.83 to 2.19 --
Westcoast Station 2 -- --
NOTE: Both the buy and the sell side of transactions are counted in this table, as they are in NGI’s daily, weekly and bidweek natural gas price tables, a standard practice which supports consistency and uniformity across products as explained in our price methodology.