Commodity Market Report
North America gas weekly update: the force awakens
Report summary
Despite continued lower Henry Hub gas prices due to record US gas production levels, exports are set to awaken again. • LNG feed gas that had reached record levels of >6 bcfd had dropped off significantly due to train maintenance and commissioning issues for more than two weeks. • Mexican exports that have also reached record levels of >5 bcfd had failed to increase further despite the largest export pipeline being completed since June due to contract disputes between CFE and pipeline operators. • Both are set to be potentially resolved soon helping normalize already loose fundamental balances. If only the production empire would stop striking back maybe there is a new hope for Henry Hub gas prices before the winter starts.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
North America gas weekly update: Has the storage surplus peaked?
Low gas prices are tightening markets
$1,700
Commodity Market Report
North America gas weekly update: Producer’s last price response is activated
Yet Henry Hub still struggles to recover
$1,700
Commodity Market Report
North America gas weekly update: Is US gas production rolling over?
Henry Hub gas prices have found a lifeline
$1,700