October 05, 2022 11:41 GMT
US Natgas just slightly down on the day with a fall back in US production levels and curtailed flows to US LNG exports terminals.
- US Natgas NOV 22 down -1.08% at 6.76$/mmbtu
- Gas deliveries to US export terminals are currently curtailed due to the ongoing outage a Freeport, maintenance at Cove Point and feedpipe maintenance at Sabine Pass. Deliveries are today expected to be 10.5bcf/d compared to as much as 12.5bcf/d last week.
- US production is estimated to be 101bcf/d down from the record level of 103.7bcf/d earlier this week.
- US weather forecasts have cooled back to near normal for most of the country in the next 2 weeks except with slightly above normal expected in the far West Coast and below on the East Coast. Lower 48 dry gas demand was 68.9bcf/d yesterday compared to around 65.5bcf/d last week.