Southern Natural Bidweek Natural Gas Price Snapshot
Location
Southern Natural
Pointcode
SLASONAT
Region
South Louisiana
Avg. Price
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D/D Change
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Range
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Volume
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Deals
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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.
Includes deliveries into the portions of Southern Natural Gas Co. LLC that serve Louisiana. This is Zone 0, which is considered by the pipeline to be the production zone. NGI’s index includes the sections of the pipeline in both the Southern and Northern areas of the state and contains both Tier 1 and Tier 2 Supply Pool Balancing Agreements, provided that they are within Zone 0.
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.
In its debut run at the front of the Nymex natural gas futures curve, the October contract mustered momentum after a government inventory report met expectations and proved bullish relative to historical norms.
Natural gas futures reversed early steeper losses but held the downside following the latest storage data, which outlined a largely expected injection for the week ended Aug. 23.
