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Industry metrics

Adrienne Blume, Editor

In the US, Henry Hub natural gas spot prices remained around $3/MMBtu in July, according to US EIA data, showing strength in their stabilization from volatile price increases and decreases earlier in the year. Hot weather in the US is driving up demand for cooling, which is boosting power burn and consumption of natural gas. Exports to Mexico via pipeline, and to other areas via LNG tanker from Sabine Pass, are also on the rise. Meanwhile, US production of NGL, LPG, ethane/ethylene and propane/propylene slid slightly in April after across-the-board increases in March. GP

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Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
At CERAWeek by IHS Markit, held in Houston in March, IEA Director Fatih Birol said that the world would soon see a major second wave of shale gas production from the US in response to higher energy prices and growing demand from India and China.
Regional Focus
-Shem Oirere
Mozambique and Tanzania hold an estimated 180 Tft3 and 57 Tft3 of proven natural gas reserves, respectively.


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