Tennessee Gas Pipeline's - TGP- ZONE 4

THE SPOT PRICE - WERE CAN IT BE FOUND ON THE INTERNET --- YES, HENRY HUB'S SPOT PRICE IS EVERYWHERE - BUT WHERE ARE TGP - ZONE'S ? - AND MY INTEREST IS IN ZONE 4.

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Permalink Reply by Jack Straw on August 31, 2012 at 1:27pm

This site has quotes for many different hubs - including one's that will likely interest you.

http://intelligencepress.com/features/intcx/gas/

As you understand, the NYMEX Henry Hub (Henery, LA) is a long way from the Marcellus/Utica.

Our local hubs/Gates are of more importance to those of us interested in the Marcellus/Utica.

 

All IMHO,

               JS

Permalink Reply by PLOVER on September 1, 2012 at 1:01am

THANKS - IT IS THE BEST INFO (DATA) YET - IT SHOWS EAST TGP ZONE 6 - BUT NO ZONE 4.  OUR GAS IS BEING SOLD AT TGP  ZONE 4 - BUT THIS SHOULD BE CLOSE ENOUGH FOR AN ACCURATE PRICE.

Permalink Reply by Jack Straw on September 1, 2012 at 4:40am

This site updates continually, if you continue to watch it, I suspect Zone 4 will show up.

Perhaps they simply did not report Zone 4 yesterday.

 

JS

Permalink Reply by Jack Straw on September 1, 2012 at 5:24am

To add to my earlier comment.

There have been significant ongoing capacity upgrades to TGP-4 facilities to allow for greater capacity.

It is possible that there was no price activity yesterday due to temporary closure.

Just a thought,

                        JS

Permalink Reply by PLOVER on September 1, 2012 at 5:50am

THANKS AGAIN ! - WILL CONTINUALLY MONITOR SITE !

Permalink Reply by bungalow_steve on September 1, 2012 at 9:00am
You can't use Zone 6, they are completely different, Zone 4 has takeaway capacity problems and trades at a heavy discount to Zone 6
http://www.rbnenergy.com/Marcellus-changes-everything
Permalink Reply by PLOVER on September 2, 2012 at 2:12am

THANKS - HAVE ANY WEBSITES WITH PRICE DATA FOR TGP ZONE 4?

Permalink Reply by PLOVER on November 3, 2012 at 2:46am

THIS INFO SHOULD BE HELPFUL -

Among the projects the 300 Line Expansion Project has had the biggest influence on the winter 2011/2012 market, so far. Natural gas flows from northern Pennsylvania into the Tennessee Gas Pipeline's system were averaging about 540 million cubic feet per day higher from January 1, 2012 through January 12, 2012 compared to average flows in October 2011 or flow just prior to the start of service for the expansion. As a result, current spot prices in northern Pennsylvania at the InterContinentalExchange TGP Zone 4 Marcellus trading point reflect parity with the Henry Hub. Prior to service starting on the 300 Line Expansion Project, the spot natural gas price at TGP Zone 4 Marcellus averaged only $1 per MMBtu, which is a discount of more than $2 per MMBtu compared to the Henry Hub spot price. Previously, TGP Zone 4 Marcellus prices were held back due to limitations in flowing growing Marcellus natural gas production into the Tennessee Natural Gas Pipeline.

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