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Cove Point Forward Fixed Natural Gas Price Snapshot

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Location:	Cove Point
Pointcode:	NEACOVE
May-24:	x.xxx
Jun-24:	x.xxx
Bal Summer:	x.xxx
Winter('24/'25):	x.xxx
Summer'25:	x.xxx

Want Historical Data? Check out Cove Point 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.

Cove Point Description: Includes gas delivered anywhere into the Cove Point pipeline, which connects pipelines in Northern Virginia to the actual Cove Point LNG facility in Lusby, MD. The three main delivery points into Cove Point pipeline are via Columbia Gas and Eastern Gas (EGTS) in Loudoun County, VA, and from Transco at Pleasant Valley in Fairfax County, VA. Note (1): We changed of this index to Cove Point from Dominion Energy Cove Point on June 1, 2021, following the sale of Dominion Energy's majority stake in this asset. However, our methodology for calculating this price location as described above remains the same. Note (2): Prior to 6-25-18, our Cove Point index incorporated deliveries from the Cove Point system into Transco at Pleasant Valley, which was more reflective of flows when the Cove Point LNG facility was an import location only.

What do these prices represent?

Forward prices represent the expected price of gas for each month going out into the future. NGI’s Forward Look prices are modeled based on indicative data obtained from exchanges and other third parties.
How should I interpret the above chart?

The above chart shows a 24-month forward fixed curve with monthly granularity. Essentially, it represents the market’s estimate of the selected point’s price for each month, going out two years into the future.

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Cove Point Forward Fixed Natural Gas Price Snapshot

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