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Been warm so long, some question "tightness": North America gas markets weekly update 13 February 2017


Been warm so long, some question "tightness": North America gas markets weekly update 13 February 2017

Report summary

  • 119 bcf withdrawal expected
  • HDDs down 7% from previous week
  • Midwest -42 East -38 bcf, South Central -31 bcf, Pacific -1 bcf, Mountain -6 bcf

We are expecting withdrawals of 119 bcf, 113 bcf and 86 bcf for the weeks ending February 10, 17 and 24. The 325 bcf storage deficit relative to last year's storage situation formed during a cold December. In spite of a very warm January and February, the sizable deficit to last year has not shrunk over the first six weeks of the year

What's included?

This report includes 4 file(s)

  • Been warm so long, some question "tightness": North America gas markets weekly update 13 February 2017 PDF - 274.29 KB 3 Pages, 0 Tables, 3 Figures
  • Imbalance Chart pred.xls XLS - 621.50 KB
  • Scrape Data.xls XLS - 413.00 KB
  • Weather Index.xls XLS - 283.50 KB

Description

As global energy demand rises, the market for liquefied natural gas (LNG) continues to expand. Set to increase by 35% between 2016 and 2020, the LNG market is one of the fastest growing in the world. This spectacular growth is transforming the market, with many new companies entering the sector and changing the industry landscape.

This LNG Long Term Outlook report provides an overview of LNG in the gas market.

LNG market participants and advisers can use this report to better understand the long-term role of this market in the global LNG business.

Offering bottom-up market analysis for over 150 LNG supply assets, 28 LNG-importing countries and more than 500 LNG contracts, Wood Mackenzie is the definitive and trusted resource for the LNG industry. We use our robust database and expert industry knowledge to help you understand the dynamics of the global LNG industry and identify emerging trends and opportunities.

  • Executive summary
  • Supply-demand balances

In this report there are 3 tables or charts, including:

  • Executive summary
  • Supply-demand balances
    • Chart 1: Scraped net withdrawals decrease 21%
    • Chart 2: SD imbalance: Tightest market in five years
    • Chart 3: Mild February likely
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