Hub Prices & Market Commentary – January 20

Daily round up of natural gas prices – Henry Hub, JKM, TTF – and key market events

RELATED POSTS

Export authorization granted for Venture Global CP2 LNG

2 months ago

Plaquemines LNG ramps higher

5 months ago

Trump to usher in “golden era” for global LNG markets

6 months ago

Gas Prices at the hubs: 

Henry Hub
Day change: $0.007, down 0.2% | Settle: $2.539 | February 2021

TTF
Day change: $0.039, down 0.5% | Settle: $7.192 | February 2021

JKM
Day change: UNCH | Settle: $18.309 | February 2021

Busy first day at the office: President Biden signed 15 executive orders on his first day in office, including a measure to rejoin the Paris Climate agreement. He also revoked permits for the Keystone XL pipeline for oil and gas development at national wildlife monuments.

Meanwhile, a federal court vacated the Trump-era Affordable Clean Energy rule meant to support the coal industry just as Biden’s new EPA takes their seat

Shell inaugurated a truck loading facility at India’s Hazira LNG terminal, which will serve gas demand outside the reach of India’s pipeline grid

The FERC has upheld Oregon’s denial of a clean water permit for the Jordan Cove LNG project 10 months after FERC approved the project

EU natural gas storage inventories are 59% full, back in line with the 5-year avg.

Energy Transfer loaded the first Very Large Ethane Carrier (VLEC) at its Nederland export facility; the vessel is carrying 911,000 bbls of ethane on its maiden voyage

Source: Tellurian

Follow on Twitter:

[tfws username=”TellurianLNG” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]