Agua Dulce Forward Basis Natural Gas Price Snapshot
Location
Agua Dulce
Pointcode
STXAGUAD
Sep-24
x.xxx
Oct-24
x.xxx
Bal Summer
x.xxx
Winter('24/'25)
x.xxx
Summer'25
x.xxx
Want Historical Data? Check out NGI's Historical Data Download Tool. NGI offers Daily, Weekly, Bidweek, Forwards, Mexico, and MidDay Price History Data at over 200 hubs/locations back as far as 1988.
The Corpus Christi area has emerged as a center for natural gas exports via both pipeline and LNG, and NGI’s Agua Dulce index reflects this. In addition to the Agua Dulce Hub in Nueces County, TX, itself, NGI’s index also includes a.) the Banquete Hub in Nueces County and b.) transactions into the Corpus Christi Pipeline LP in San Patricio County, TX. As of April 2023, pipeline systems that deliver into or haul gas from the Agua Dulce Hub include the Lobo Pipeline Co. LLC, Eagle Ford Midstream LP, Enterprise Texas Intrastate LLC, Gulf Coast Express LLC, Houston Pipe Line Co. LP, Kinder Morgan Tejas Pipeline LLC, NET Mexico Pipeline, Natural Gas Pipeline Co. of America (NGPL), Tennessee Gas Pipeline Co. LLC (TGP), Texas Eastern Transmission LP, Transcontinental Gas Pipe Line Co. (Transco), Valley Crossing Pipeline LLC and Whistler Pipeline. The Banquete Hub is located slightly east of Agua Dulce and includes several Kinder Morgan Inc. pipelines. Finally, the Corpus Christi Pipeline accepts deliveries at Sinton in San Patricio County, from Enterprise Products Partners, Kinder Morgan Tejas, NGPL, TGP and Transco.
European natural gas prices remained strong this week after Norway announced additional capacity cuts due to unplanned maintenance works, adding more uncertainty to Europe’s supply and demand balance.
Natural gas futures rose but treaded lightly to kick off the week’s final session, as traders weighed an improving storage trajectory against signs of fading demand.
October Nymex natural gas futures settled higher Thursday on some bullish implications from the latest storage data and potential lingering strong demand on the possibility that hot weather may continue through September.
Natural gas forwards slipped at the front of the curve for most locations alongside trimmed demand expectations for September, while hubs in Canada posted gains ahead of the nation’s first LNG export terminal.
