Story of the Day

Mexico Energy Development Still in ‘Formative Stages,’ CRE’s Madrigal Martinez Says
Daily GPI
In the midst of Mexico's historic energy reforms that are encouraging more private investment, both federal... Read More
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NGI's Daily Gas Price Index

January 19, 2018

Natural Gas Spot Prices Sink on Lackluster Weekend Demand; Futures in Holding Pattern

Natural gas futures traded near even Friday as a warm forecast and lean storage picture left the market on the fence. Cash prices sank on expectations for moderate temperatures and lackluster demand over the weekend, and the NGI National Spot Gas Average dropped 25 cents to $3.10/MMBtu.
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Mexico Natural Gas Trading Platform to Go Live by April, CFE Says

A Mexican energy official on Thursday said state-owned grid operator, Comision Federal de Electricidad, plans to launch an online natural gas trading platform by the end of March.

Alaska LNG 'Most Promising Economic Opportunity' For State, Says Governor

Two months after U.S. and Chinese officials signed a joint development agreement to finance Alaska's long-held plans to export natural gas, Gov. Bill Walker called the accord the "most promising economic opportunity" to develop the state's vast natural gas reserves and diversify its energy portfolio.
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U.S. Adds Two Natural Gas Rigs While Oil Rig Count Declines

Two U.S. natural gas rigs returned to the patch for the week ended Friday, but declines in oil drilling lowered the domestic count by three, according to data from Baker Hughes Inc.

New York Urges Court to Vacate FERC OK for Valley Lateral

Regulators in New York have urged a federal appeals court to vacate a FERC order authorizing construction of the Valley Lateral Project, arguing that the Commission erred when it said the state had waived its right to issue a critical certification for the project.

Adelphia Requests FERC OK to Expand NatGas Pipe to Philadelphia, Northeast Markets

New Jersey Resources Corp. subsidiary Adelphia Gateway LLC has asked FERC for a certificate of public convenience and necessity to operate an existing pipeline system that it acquired for expansion last year to serve growing natural gas demand in Philadelphia and beyond.
Monthly-Mexico-Consumption-of-Natural-Gas-for-Electricity-Generation-20180118

Mexico Energy Development Still in ‘Formative Stages,’ CRE’s Madrigal Martinez Says

In the midst of Mexico's historic energy reforms that are encouraging more private investment, both federal...

Natural Gas Called Lower; Market Watching For Signs of February Cold

February natural gas set to open Friday about 2 cents lower at around $3.172 amid mixed changes overnight in the weather guidance and questions over how much cold could arrive next month.

Brief -- Peoples Natural Gas

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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.
Zama-Discover-Revised

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.
story1bConstitution-Route--story1b

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.

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.