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NOVA/AECO C Bidweek Natural Gas Price Snapshot

NGI offers Daily, Weekly, and Bidweek Natural Gas Price Index Data, Approved by the FERC and utilized by ICE. Learn More.
Location: NOVA/AECO C
Pointcode: CDNNOVA
Region: Canada
Avg. Price: x.xxx
D/D Change: x.xxx
Range: x.xxx
Want Historical Data? Check out NOVA/AECO C in the Historical Data Download Tool. NGI offers Daily, Weekly, Bidweek, Forwards, Mexico, and MidDay Price Data at over 200 hubs/locations back as far as 1988.

NOVA/AECO C Description: Includes fixed priced deals that are conducted anywhere within TransCanada's Alberta System, otherwise known as NOVA. 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. Per the TransCanada website: "The terms AECO Hub, NIT and Alberta Hub increasingly are being used interchangeably to refer to the Alberta gas price and the Alberta pricing point. Pricing is determined at NIT, a notional location on the Alberta System." Reported in $C/GJ. Our index does not include basis trades, since those are traded in $US/MMBtu.

  • What do these prices represent?

    Bidweek prices represent the wholesale, spot price of natural gas at various trading locations in the U.S. and Canada. Bidweek prices are the result of trading done on the last five business days of the month for gas to be delivered on each day of the coming month. These prices include both deals done on the Intercontinental Exchange, as well as those reported directly to NGI. Prices are expressed in $U.S. per MMBtu with the exception of Canadian locations which are published in CDN$/Gj. To learn more about Daily GPI prices, check out our Price Index Methodology.

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