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Henry Hub Steady As LNG Terminal Feedgas Flows Edge Higher

NATGAS
Energy BulletsCommoditiesUS

Henry Hub front month is holding relatively steady today after edging slightly higher in the last week driven by a partial recovery in feedgas supplies to LNG export terminals.

    • US Natgas MAY 24 down 0.4% at 1.78$/mmbtu
    • US Natgas OCT 24 up 0.2% at 2.59$/mmbtu
    • US Natgas APR 25 up 0.2% at 3.05$/mmbtu
  • Feedgas flow to US LNG export terminals are estimated up to 12.87bcf/d today according to Bloomberg. Freeport feedgas supplies are estimated up again to 0.76bcf/d but higher flows to Corpus Christi and Calcasieu Pass are mostly offset by a drop in supply to Sabine Pass.
  • US domestic natural gas production was relatively unchanged yesterday at 99.34bcf/d according to Bloomberg compared an average of 98.9bcf/d in the previous week.
  • Natural gas demand has fallen back below normal today to 65.05bcf/d according to Bloomberg. The latest NOAA 6-14 day outlook is showing the warm weather in central and eastern areas spreading slightly further west compared to yesterday although the far west coast is still forecast slightly below normal.
  • Export flows to Mexico are today at 6.54bcf/d according to Bloomberg.
  • Nymex Henry Hub daily aggregate traded futures volume was at 339k on April 22.
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Henry Hub front month is holding relatively steady today after edging slightly higher in the last week driven by a partial recovery in feedgas supplies to LNG export terminals.

    • US Natgas MAY 24 down 0.4% at 1.78$/mmbtu
    • US Natgas OCT 24 up 0.2% at 2.59$/mmbtu
    • US Natgas APR 25 up 0.2% at 3.05$/mmbtu
  • Feedgas flow to US LNG export terminals are estimated up to 12.87bcf/d today according to Bloomberg. Freeport feedgas supplies are estimated up again to 0.76bcf/d but higher flows to Corpus Christi and Calcasieu Pass are mostly offset by a drop in supply to Sabine Pass.
  • US domestic natural gas production was relatively unchanged yesterday at 99.34bcf/d according to Bloomberg compared an average of 98.9bcf/d in the previous week.
  • Natural gas demand has fallen back below normal today to 65.05bcf/d according to Bloomberg. The latest NOAA 6-14 day outlook is showing the warm weather in central and eastern areas spreading slightly further west compared to yesterday although the far west coast is still forecast slightly below normal.
  • Export flows to Mexico are today at 6.54bcf/d according to Bloomberg.
  • Nymex Henry Hub daily aggregate traded futures volume was at 339k on April 22.