Today's webinar will focus on the NGas market in Canada

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Today's webinar will focus on the NGas market in Canada

Post by dan_s »

Our speaker today is Philip Hodge, an expert on the Western Canadian gas market. The webinar starts at 10AM CT.
Resister here if you wish to attend: https://us06web.zoom.us/webinar/register/WN_LTTShawTTIuTIwlRIqgbUg#/registration

Trading Economics:
US natural gas futures rose toward $3.40/MMBtu, rebounding from a 6-week low on July 9, driven by rising LNG export flows and forecasts for hotter-than-average weather, which is expected to increase demand through late July.
> Gas flows to the eight major US LNG export plants averaged 15.6 billion cubic feet per day (bcfd) in July so far, as several facilities resumed operations following maintenance and outages.
> On Thursday, LNG feedgas was on track to hit a 10-week high of 16.0 bcfd, with flows to Cheniere Energy’s Corpus Christi plant rising from 1.5 bcfd to 2.2 bcfd.
> Warmer weather forecasts across the Lower 48 states suggest higher cooling demand will persist.
> Meanwhile, a federal report showed a 53 bcf injection into storage for the week ending July 4, matching the five-year average.

With LNG Canada ramping up exports, Q2 AECO gas prices should be the low for the year. Demand for Western Canada natural gas will be ramping up in 2H 2025 and the Ngas market in Canada should be much tighter in 2026.
Dan Steffens
Energy Prospectus Group
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