NOVA/AECO C Forward Fixed Natural Gas Price Snapshot

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Location: NOVA/AECO C
Pointcode: CDNNOVA
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 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?

    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.