Hear NAB’s senior expert panellists discuss a range of topics to provide key insights to help you and your business prepare for the current property market climate.
November 8, 2013
Natural Gas Market Update – October 2013
US natural gas prices showed significant volatility in the lead-up to the US government shutdown, but trended higher in September and October overall in anticipation of winter heating demand. British natural gas prices also tracked higher in the past two months.
- US natural gas prices showed significant volatility in the lead-up to the US government shutdown, but trended higher in September and October overall in anticipation of winter heating demand.
- British natural gas prices also tracked higher in the past two months from the spill-over effects of higher Brent oil prices and supply disruptions from Norway.
- Prices in Asia Pacific maintained their historical highs in recent months as governments in these countries have increasingly turned to natural gas as the preferred source of energy.
- Henry Hub and National Balancing prices to lift in near term on seasonal heating needs.
- Asian LNG prices forecast to maintain momentum into the coming months on weaker prospects to lift nuclear generation from the lack of public support. An uptick in winter heating demand will also benefit prices.
For further analysis download the full report.
- Natural Gas Market Update – October 2013 (PDF 232 KB)
