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Industry Metrics

Adrienne Blume, Editor

In the US, Henry Hub natural gas spot prices stabilized in April and early May to levels last seen in the summer of 2016, after vacillating in 4Q 2016 and 1Q 2017. As of early May, gas prices were hovering around $3/MMBtu, according to US EIA data. Maintenance on the US–Canada Vector Pipeline is keeping more domestic gas in the US from May 1 until the end of work. Meanwhile, US production of NGL, LPG, ethane/ethylene and propane/propylene rose in February after across-the-board dips in December 2016 and January 2017. GP

US gas production (Bcfd) and prices ($/Mcf)

Metrics Fig 01

US natural gas spot prices at Henry Hub and NGL spot prices at Mont Belvieu, $/MMBtu

Metrics Fig 02

US natural gas plant field production of NGL, LPG, ethane/ethylene andpropane/propylene, Mbpd

Metrics Fig 03

Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

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FEATURED COLUMNS

Editorial comment
-Adrienne Blume
According to GIIGNL’s 2018 Annual Report, global LNG trade expanded by 3.5 Bft3d in 2018, to 38.2 Bft3d—a record 10% increase.
Power, LNG projects drive pipeline construction in Africa
-Shem Oirere
Increasing public investment in gas-fired power plants in Africa, the continuing recovery in global oil prices and persistent insecurity in key producer markets, such as Nigeria, are likely to impact gas transmission pipeline projects on the continent, even as more international companies express interest in the region’s stranded gas resources.


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