Daily Market Report – December 10, 2020

Daily Market Report – December 10, 2020

LNG flows continue to be strong this month with December LNG feedgas flows averaging 11.1 Bcf/d so far this month. The price divergence between Henry Hub and other global markets is the key attribute. The ICIS East Asia LNG Index closed at $8.95/MMBtu for January ’21...
Daily Market Report – December 9, 2020

Daily Market Report – December 9, 2020

The overnight 00z runs brought cooler temps with it. Both model brought cooler temps with the Euro Ensemble bringing 12 more HDDs, and the GFS Ensemble adding 7 HDDs. Green bar = added TDDs vs 24H ago Red bar = drop in TDD vs 24H ago     Looking past...
Daily Market Report – December 8th, 2020

Daily Market Report – December 8th, 2020

LNG feedgas noms are back above 11.2 Bcf/d this morning after a small decrease in flows to Corpus Christie Train 3 yesterday. We should expect levels at the terminal to remain at these levels with Cheniere reporting yesterday that they loaded the first commissioning...
Daily Market Report – December 7, 2020

Daily Market Report – December 7, 2020

Lower 48 production has started to drop from the strong levels seen in late-November. So far the lower levels are coming mainly from the South Central region. The Northeast gas production remains strong, and so has production from regions that usually face...
Weekend Market Report – December 06, 2020

Weekend Market Report – December 06, 2020

This weekend LNG feedgas levels hit a new record with all facilities starting to fire up towards their design capacity. Yesterday LNG feedgas levels hit 11.5 Bcf/d. The Corpus Christi LNG terminal has been nominating an average of 2.2 Bcf/d over the last 7-days, with...