global-hydrogen-hub global-hydrogen-hub global-hydrogen-hub
Global LNG Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Global LNG Hub
No Result
View All Result
Home Infrastructure

Gas market flies today, taking back yesterday’s losses

Editor by Editor
3 years ago
Reading Time: 1 min read
gas storage injections
Share on FacebookShare on TwitterShare on Linkedin

The gas market soared 47 cents higher today, taking back lost territory from yesterday’s price collapse rather quickly. Expectations for a lower than average storage injection this week are in line with the market’s upwards move today.

RELATED POSTS

LNG-sabine-pass

Feedgas flows to Sabine Pass, the largest LNG export plant in the US, down by 33%

1 week ago
feedgas-LNG

LNG feed gas dips; JERA deal propels Rio Grande train 5 toward FID

2 weeks ago
Chinas-gas-consumption

China’s role in the global LNG market may become less dominant

2 months ago

G&A anticipates a 92 Bcf injection – this undercuts the five-year average by around 12 Bcf. Over the week of storage, the market has observed a 0.82 Bcf/d w-o-w change in LNG exports as well as a 0.3 Bcf/d w-o-w change in production.

Gas generation’s role in the fuel mix has declined over the week after lower wind generation saw average gas generation spike up to higher than 160,000 MWh last week. Lower gas demand in the power markets is expected to ease some tightness in the market, as overall demand gains overtook those of supply this week.

Looking a few weeks ahead into the storage forecast, it is evident that incoming 2022 storage injections will outpace those of the five-year average and the 2021 injection average.

A large reason behind the decline of both averages post-mid-June is the reclassification of 51 Bcf of working gas to base gas at PG&E last year.

As a result of the reclassification, natural gas storage has a rare opportunity, where if weather forecasts hold, the current storage deficit to the five-year average can be drawn down.

Such a reduction in the storage deficit would result in a marginal decline in upwards price pressure.

Source: Gelber and Associates

 

Tags: gas inventoriesgas storageGelber and AssociatesHenry Hub prices
Editor

Editor

Related Posts

LNG-sabine-pass
LNG Contracts & Pricing

Feedgas flows to Sabine Pass, the largest LNG export plant in the US, down by 33%

1 week ago
feedgas-LNG
LNG Projects

LNG feed gas dips; JERA deal propels Rio Grande train 5 toward FID

2 weeks ago
Chinas-gas-consumption
LNG Contracts & Pricing

China’s role in the global LNG market may become less dominant

2 months ago
LNG-exports
LNG Supply

Russia aiming to increase LNG exports by 100bcm by 2030

2 months ago
US-LNG
LNG Demand

The embargo isn’t stopping the U.S. LNG train

2 months ago
global-LNG
LNG Demand

How the global LNG market balanced in Q1 2025

2 months ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

feedgas-LNG

LNG feed gas dips; JERA deal propels Rio Grande train 5 toward FID

May 31, 2025
LNG-prices

Review of natural gas and LNG prices

June 11, 2025
global-gas-market

Europe’s exposure to a wild and volatile global gas market

May 20, 2025

Recent Post

LNG-prices

Review of natural gas and LNG prices

June 11, 2025
LNG-sabine-pass

Feedgas flows to Sabine Pass, the largest LNG export plant in the US, down by 33%

June 4, 2025
LNG-prices

Review of natural gas and LNG prices

June 4, 2025
feedgas-LNG

LNG feed gas dips; JERA deal propels Rio Grande train 5 toward FID

May 31, 2025
LNG-prices

Review of natural gas and LNG prices

May 28, 2025
global-gas-market

Europe’s exposure to a wild and volatile global gas market

May 20, 2025
LNG-HUB-Logo

Online platform for sharing analysis and information on Global and regional LNG markets. Weekly newsletter each Wednesday more info

Categories

  • Asian LNG
  • Australian LNG
  • European LNG
  • Global LNG
  • LNG Africa
  • LNG Bunkering
  • LNG Latin America
  • LNG North America
  • LNG Projects
  • LNG Trade and Pricing
  • Middle East LNG
  • Small Scale LNG
  • FLNG

Recent Posts

Review of natural gas and LNG prices

Feedgas flows to Sabine Pass, the largest LNG export plant in the US, down by 33%

Review of natural gas and LNG prices

Energise your Wednesday!

Sign up to receive our weekly newsletter with new LNG market reports, presentations & analysis. Every Wednesday!

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 GlobalLngHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 GlobalLngHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.