Northern Border Ventura Daily Natural Gas Price Snapshot
Location
Northern Border Ventura
Pointcode
MCWNBVENT
Region
Midcontinent
Avg. Price
x.xxx
D/D Change
x.xxx
Range
x.xxx
Volume
x.xxx
Deals
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.
Captures the value of gas at Ventura, IA, that is ticketed for delivery into the Chicago area. As such, it includes receipts from Northern Natural Gas (NNG), along with deliveries along its own system at the Ventura Transfer Point. As stated in the Northern Border tariff, “the term ‘Transfer Point’ shall be used to describe a point on company’s system where, for purposes of scheduling and nominations, in-line transfers of gas shall occur from one transportation agreement to another or from a compression agreement or PAL agreement to a transportation agreement.” NGI’s index does not include gas traded from Northern Border into NNG.
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.
