Antero Resources Corp. management is “positive on the natural gas market” as future LNG demand could “provide support,” CEO Paul Rady said Thursday. 

During the second quarter conference call to discuss results, Rady said the independent is preparing for a build out of more Gulf Coast liquefied natural gas facilities

Antero sells its Appalachian gas to outside markets, “including approximately 75% to the LNG corridor,” said Gas Marketing and Transportation Senior Vice President Justin Fowler, who joined Rady on the call. 

Tennessee Line 500 (TGP) pricing has increased 15-cents relative to Henry Hub, reflecting “the anticipated startup of the Plaquemines LNG facility in 2024, which TGP feeds directly into,” Fowler said. Antero would have “significant...