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Industry metrics

In the US, Henry Hub natural gas spot prices hovered around $3/MMBtu in August, according to US EIA data. In the week ending September 6, dry natural gas production grew by 2% on the week, in spite of Hurricane Harvey reducing production in the Gulf of Mexico by an average of 409 MMcfd between August 30 and September 4, according to the Bureau of Safety and Environmental Enforcement. Meanwhile, US production of NGL, LPG, ethane/ethylene and propane/propylene rose in July and August, after across-the-board decreases in May and June. GP

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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
At CERAWeek by IHS Markit, held in Houston in March, IEA Director Fatih Birol said that the world would soon see a major second wave of shale gas production from the US in response to higher energy prices and growing demand from India and China.
Regional Focus
-Shem Oirere
Mozambique and Tanzania hold an estimated 180 Tft3 and 57 Tft3 of proven natural gas reserves, respectively.


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