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Large storage draws continue: North America gas markets weekly update 27 December 2016


Large storage draws continue: North America gas markets weekly update 27 December 2016

Report summary

 

  • 225 bcf withdrawal expected
  • Colder in the south, warmer in the north
  • Midwest -61 East -54 bcf, South Central -78 bcf, Pacific -17 bcf, Mountain -15 bcf

We are expecting withdrawals of 225 bcf, 77 bcf, 121 bcf and 230 bcf for the weeks ending December 23, 30, Jan 6 and 13. The storage surplus to the five year average will officially turn into a deficit of about 60 bcf after this week's EIA report. This will be the first storage deficit in the last 18 months.

What's included?

This report includes 4 file(s)

  • Large storage draws continue: North America gas markets weekly update 27 December 2016 PDF - 274.21 KB 4 Pages, 0 Tables, 3 Figures
  • Scrape Data.xls XLS - 408.00 KB
  • Imbalance Chart pred.xls XLS - 621.50 KB
  • Weather Index.xls XLS - 284.00 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 increase by 31 bcf.
    • Chart 2: SD imbalance: Tightest market in five years
    • Chart 3: Warm end to December; cold to follow
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