Daily Market Report – September 4, 2020

Daily Market Report – September 4, 2020

The EIA reported a 35 Bcf injection to take total storage levels to 3,455 Bcf. There was not much of a reaction out of futures prices, as most were expecting an injection near these levels.   There is some positive news this morning out of the LNG front. Sabine...
Daily Market Report – September 3, 2020

Daily Market Report – September 3, 2020

Deliveries to LNG pick up to 3.9 Bcf/d this morning with Freeport ramping up to meet the losses from Sabine and Cameron. These two facilities still remain down despite both companies saying that the facilities have experience no substantial damage.   With the...
Daily Market Report – September 2, 2020

Daily Market Report – September 2, 2020

Natgas prices have been extremely volatile the last couple of days as traders try to take in changing weather patterns, increasing Gulf of Mexico production, and all the information related to the start up of Sabine Pass and Cameron. The curve has been shifting...
Daily Market Report – September 1, 2020

Daily Market Report – September 1, 2020

Total LNG feedgas deliveries are climbing. Today’s nominations show 3.0 Bcf/d hitting all LNG terminals. The tick up yesterday is not due to big activity at Cameron or Sabine just yet, but more gas heading to Freeport. We did see a tiny amount nominated to Sabine, but...
Daily Market Report – August 31, 2020

Daily Market Report – August 31, 2020

LNG feed gas deliveries remained low following Hurricane Laura. Sabine Pass started to ramp down on Aug 24th, and Cameron on Aug 26th. It appears that Cheniere has begun to utilize Corpus Christi LNG to take on some of Sabine Pass’ activity.     The...