NOVA/AECO C Canada Natural Gas Prices

Published: Apr 22, 2019
Weekly Change
0.315
30.40%
Month/Month Change
-0.605
-30.9
Year/Year Change
0.350
35.00%
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Region Location
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NOVA/AECO C Description

Includes deals that are conducted anywhere within TransCanada's Alberta System, otherwise known as NOVA. NOVA charges a non-mileage based postage stamp rate to move gas along its system, called the NOVA Inventory Transfer (NIT), so theoretically, there is little difference in price for gas delivered anywhere within the NOVA grid. 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. Reported in $C/GJ.
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