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Includes all deliveries into Colorado Interstate Gas Co. LLC (CIG) along the mainline portion between the King Compressor Station in Lincoln County, WY, up to but not including deliveries into Cheyenne. Those transactions are included in NGI’s separate Cheyenne Hub index. The CIG index also includes pooling transactions on the portion of CIG that extends south from Wamsutter, WY, into Colorado and Utah. NGI does not include any transactions along the section of the pipeline that extends north of the Rawlins Compressor Station in Carbon County, WY.
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.
