Global Natural Gas Report
Date: July 28, 2010
Markets seem very stable with low volume so far today. NBP is within the same ranges for yesterday with very low volume beyond the prompt month. HH is basically flat and awaiting the settlement today for the Aug contract. Asia remains well bid for cargoes with TEPCO reportedly looking to increase buying of spot cargoes. Asia remains well above other global gas markets and Atlantic diversions of cargoes is certainly possible with the spread now over $2 to NBP.
The Global Gas Report will return on Monday, Aug 2.
JKM-HH - SEP
3.59
NBP:
Resistance:
41.30 43.18
Support:
38.76 38.00
NBP-HH as of 7:30 EDT
|
Aug |
1.505 |
1.565 |
|
Sep |
1.363 |
1.409 |
|
Oct |
1.833 |
1.862 |
|
Nov |
2.309 |
2.404 |
|
Q410 |
2.198 |
2.287 |
|
Winter 10 |
2.409 |
2.447 |
|
Summer 11 |
1.928 |
1.973 |
|
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Richard Rosenberg
Vice President, Business Development
ICAP Energy LLC
Richard.Rosenberg@us.icapenergy.com
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