March 12, 2025 16:47 GMT
US NATGAS: New England Natgas Update
US NATGAS
- Yesterday's total demand revised sharply lower, shedding 430 mmcf and settling at 2.6 bcfd. The largest revision was 280 mmcf less power generation in addition to a downward revision of 140 mmcfd in rescom.
- Total Demand into New England is 3.2 bcf, up from 2.64 bcf which is 21.28% d/d. **subject to revision
- Bloomberg has end user demand 561 mcf/d higher on the day, comprised of 35% power demand, 53% residential and commercial demand, and 11% industrial demand.
- Power demand increased by 203 mcf, ResCom demand increased by 298 mcf, and Industrial demand increased by 60 mcf d/d.
- LNG supply from Everett remain at zero mmcf.
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