We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Commodity Market Report

North America gas weekly update: Freeport LNG readies for cool down

Get this report


You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

24 January 2023

North America gas weekly update: Freeport LNG readies for cool down

Report summary

Despite news of Freeport LNG getting closer to restarting operations since its outage in early June, perhaps the damage has already been done. Another mild weather week is expected to limit storage withdrawals and further increase its surplus versus January’s historical normal. Henry Hub gas prices are unable to find support even with the potential return of colder weather ahead. Nevertheless, Freeport’s progress is welcome news for European markets that will hope to see increased availability of US LNG exports this spring to help refill storage adequately before next winter. Find out more about what is driving the North American gas market: • How large will freeze-off impacts be in the next round of cold weather? • Can storage withdrawals return above -200 bcf? • Will the storage surplus narrow in February?

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Weekly 24 January 2023.pdf

    PDF 604.65 KB

  • Document

    Imbalance Chart Pred.xlsx

    XLSX 479.22 KB

  • Document

    Scrape Data.xlsx

    XLSX 504.73 KB

  • Document

    Weather Index.xlsx

    XLSX 136.76 KB