Midstream

Bears Feeding on Hefty EIA Build, Surging Production as December Natural Gas Tests $3

This post was originally published on this siteNatural gas futures tested the $3/MMBtu level for the front month in early trading Friday as the market continued to mull evidence of oversupply in the latest government inventory data. The December Nymex contract was off 5.4 cents to $3.008 at around 8:41 a.m. ET. January was off […]

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Natural Gas Futures, Cash Prices Sink After Twin EIA Storage Prints Plump Up Supply

This post was originally published on this siteNatural gas futures slumped Thursday after a bearish government inventory report showed gas in storage grew faster than expected in early November, underscoring the effect of record production levels amid a mild start to winter to draw out the bears. At A Glance: EIA posts net 54 Bcf

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Aspiring LNG Exporter Mexico Pacific Touts Chihuahua Natural Gas Pipeline Agreement 

This post was originally published on this siteMexico Pacific Ltd. LLC has reached an agreement with the government of Chihuahua state to advance the proposed 2.8 Bcf/d Sierra Madre natural gas pipeline. Sierra Madre would supply Permian Basin gas from the U.S. border across the states of Chihuahua and Sonora to Mexico Pacific’s proposed Saguaro

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Winter Not Cold Enough to Send Bears into Hibernation as Natural Gas Forwards Mixed

This post was originally published on this siteFront-month natural gas forwards finished higher at most Lower 48 hubs during the Nov. 8-15 trading period, though bearish price action farther along the strip suggested a market incrementally less convinced of winter upside, according to NGI’s Forward Look. Fixed prices at Henry Hub picked up 5.1 cents

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Algeria’s Growing Role as a European Natural Gas Supply Wild Card is Rooted in its LNG Origins – Column

This post was originally published on this siteEditor’s Note: This column is part of a regular series by industry veteran Brad Hitch for NGI’s LNG Insight dedicated to addressing the complexities of the global natural gas market. Algerian pipeline and LNG imports have recently been a wild card in European gas projections.  As recently as

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