‘Tis the season for pipeline maintenance, with a host of planned events fueling gains for some natural gas markets, according to NGI’s Forward Look.

May forward prices averaged 5.0 cents higher from March 30-April 5, while the balance of summer (May-October) went unchanged from the prior period.

The winter strip (November-March) also barely moved at the vast majority of North American locations, Forward Look data showed, though the Algonquin Citygate was a glaring exception. Prices there for the winter shot up 51.0 cents to average $12.341/MMBtu as traders priced in the possibility of the pipeline-constrained region needing to compete with the global market for LNG during the peak season. On Thursday, both Dutch Title Transfer Facility and Japan Korea Marker prices for the...