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NATGAS: Natural Gas End of Day Summary: Henry Hub Extends Rally

NATGAS
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Henry Hub reached its highest close since Jan. 27 amid continued support from strong domestic and LNG feedgas demand.

  • US Natgas MAR 25 up 1.4% at 3.57$/mmbtu
  • US Natgas APR 25 up 1.3% at 3.57$/mmbtu
  • EIA inventory change forecasts: -91 bcf (bbg), -96 bcf (WSJ), -106 bcf (Reuters)
  • US dry natural gas production across 2025 has been revised up 0.1 bcf/d to 104.6 bcf/d while consumption is revised up 0.1 bcf/d at 90.7 bcf/d.
  • US LNG export terminal feedgas remains up at record high levels of 15.21bcf/d today compared to 14.85bcf/d over the previous week, according to Bloomberg.
  • Lower 48 natural gas demand is holding above the previous five-year seasonal range at 114.1bcf/d today, according to Bloomberg.
  • The NOAA forecast is relatively unchanged on the day with below normal in central and eastern areas but with warming weather on the west coast into the second week of the outlook.
  • US domestic natural gas production dipped slightly to 107.0bcf/d yesterday, Bloomberg shows.
  • North Dakota’s associated wellhead natural gas production today is estimated to be down 0.11-0.20 BCFD.”
  • Federal regulators on Tuesday approved a proposal from the nation’s largest electric grid operator that could effectively give new natural gas power plants priority in connecting to the grid over renewable energy sources like solar and wind.
  • TotalEnergies set to supply Gujarat State Petroleum Corporation with 400k tons/4 cargoes of LNG per year, Bloomberg reports.
  • Turkey is experiencing record LNG imports to replace weak pipeline flows amid strong demand, Platts said.
  • MNI Gas Weekly: https://media.marketnews.com/MNI_Gas_Weekly_Global_Gas_Hubs_Set_Bullish_Tone_11b3971212.pdf?utm_source=email&utm_medium=email&utm_campaign=20250212
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Henry Hub reached its highest close since Jan. 27 amid continued support from strong domestic and LNG feedgas demand.

  • US Natgas MAR 25 up 1.4% at 3.57$/mmbtu
  • US Natgas APR 25 up 1.3% at 3.57$/mmbtu
  • EIA inventory change forecasts: -91 bcf (bbg), -96 bcf (WSJ), -106 bcf (Reuters)
  • US dry natural gas production across 2025 has been revised up 0.1 bcf/d to 104.6 bcf/d while consumption is revised up 0.1 bcf/d at 90.7 bcf/d.
  • US LNG export terminal feedgas remains up at record high levels of 15.21bcf/d today compared to 14.85bcf/d over the previous week, according to Bloomberg.
  • Lower 48 natural gas demand is holding above the previous five-year seasonal range at 114.1bcf/d today, according to Bloomberg.
  • The NOAA forecast is relatively unchanged on the day with below normal in central and eastern areas but with warming weather on the west coast into the second week of the outlook.
  • US domestic natural gas production dipped slightly to 107.0bcf/d yesterday, Bloomberg shows.
  • North Dakota’s associated wellhead natural gas production today is estimated to be down 0.11-0.20 BCFD.”
  • Federal regulators on Tuesday approved a proposal from the nation’s largest electric grid operator that could effectively give new natural gas power plants priority in connecting to the grid over renewable energy sources like solar and wind.
  • TotalEnergies set to supply Gujarat State Petroleum Corporation with 400k tons/4 cargoes of LNG per year, Bloomberg reports.
  • Turkey is experiencing record LNG imports to replace weak pipeline flows amid strong demand, Platts said.
  • MNI Gas Weekly: https://media.marketnews.com/MNI_Gas_Weekly_Global_Gas_Hubs_Set_Bullish_Tone_11b3971212.pdf?utm_source=email&utm_medium=email&utm_campaign=20250212