Natural gas

Energy Aspects offers coverage of the North American, European, and global LNG markets. Our North America service looks at the Henry Hub and other key regional markets. Coverage in Europe focuses on all of the main gas hubs, including the NBP and TTF. Trevor Sikorski leads the gas team from London and Nina Fahy heads up our North American coverage from New York.

The global gas market is going through a rapid evolution. Disparate and regionally separate gas markets are being  brought together through the expansion of global trade. In this fast-emerging global gas market, Energy Aspects  offers a fully integrated service.

We cover all main gas markets, analysing the developments in each market’s core fundamentals and price drivers.  We have a range of publications which span data analysis, market fundamentals and trends. The service provides  globally consistent forecasts of supply and demand balances and prices, with a focus on the front two years of the  curve.

Global LNG forms part of the Natural Gas service which also includes European Gas and North American Gas.  Together they provide comprehensive analysis of the global market. Alternatively, each region is available as a stand-alone service.

Our global team of experienced analysts delivers the insight, analysis and data relied on by market participants to drive investment decisions and maximise profits.

Download service overview

Outlook

The monthly Global LNG Outlook studies the dynamics of LNG markets and forecasts how they will develop in the months and years ahead. The report tracks all major features from large LNG terminals and projects through to pricing. With detailed data on the volume and destination of LNG trade flows, as well as a deep dive on a current topic, the report provides  comprehensive insight into the importance of LNG for different regions.

 

Insight

Each month, Insight looks at some of the most important issues in the market and covers these in greater analytical depth, analysing their key implications for the traded markets. The topics  are wide ranging and include seasonal outlooks, geopolitical issues, supply developments and  the impact from specific policy measures. Examples are analysis of China’s demand side, India’s  gas market, and what export projects will advance in the future.

 

E-mail Alerts

E-mail alerts provide rapid, actionable insight into how market events, news headlines and  policy developments will influence LNG markets and prices. E-mail alerts offer a short summary of the event as it happens, together with the implication for balances and any impacts on our  market outlook.

 

 

Panorama

The weekly Global Gas Panorama keeps subscribers on top of the latest supply, demand and  price developments in the global LNG market. The report analyses key market developments,  and offers our view for the weeks ahead. The insight, charts and tables in the report enable  readers to successfully navigate the LNG sector and maximise profits.

 

 

Notes

Notes discuss our outlook for supply, demand and prices at specific gas hubs, regions and  countries. We deliver our forward-looking views derived from our balances and trends in the  latest available fundamentals data. We examine key global demand centres such as those in  Asia and Latin America, as well as gas supply and market balance developments in the major  North American and Middle East markets.

 

Global gas market outlook

The global gas market outlook presentation provides Energy Aspect’s outlook for the  development of the market. Easy to assimilate and available for use by clients in internal and  external presentations (with due accreditation to Energy Aspects), we act as your outsourced  analyst team.

 

 

Access to analysts

Our global team of analysts delivers rapid responses to our clients on market queries, data, prices and forecasts. We host regular Insight events for clients to hear our market outlooks and meet our teams.

 

 

The domestic North American natural gas market is increasingly exposed to global market forces. As gas demand grows and production matures in domestic basins, our international team provides the insight, data and analysis required to drive investment decisions and maximise profits. Our analyses leverage our cross-commodity views, as our gas team collaborates with the North American crude desk when assessing supply, the North American power desk when assessing demand and our full Global Gas and LNG team when assessing the North American market against that of the world.

We are proud to deliver one of the industry’s most trusted models for short-term storage. We use this model as a core part of calculating our supply–demand balances, providing clients with reliable and actionable insight. Our range of publications spans data analysis, market fundamentals and trends. We forecast supply–demand balances as well as Henry Hub and regional prices, with a focus on the front two years of the price curve. North American Gas is part of our greater Natural Gas service, which also includes the Global LNG and European Gas services. Together, these services provide a comprehensive analysis of the global market.

Each region is also available as a standalone service.

Download service overview


Outlook

The North American natural gas market is undergoing a revolution as new gas and oil drilling  push US gas production toward 100 bcf/d, enabling it to become increasingly interconnected  with the global market. Our monthly North American Outlook explores the region’s changing supply dynamics, offers insight into challenges to demand and provides a complete picture on how North American gas functions in an increasingly competitive global market. Our Outlook also breaks down our price forecasts, the drivers behind them and the risks we see on the horizon.

E-mail Alerts

E-mail Alerts provide rapid, actionable insight into how market events, news headlines and  policy developments will influence balances and prices. Alerts offer a short summary of the event as it happens, along with its implications for our data and how it affects our market outlook. These alerts cover market-moving developments such as risks to the Henry Hub–TTF  arb closing, how weather runs influence changes in weekly balances and how Mexican  infrastructure additions are affecting cross-border flows.

 

 

Panorama

The weekly Panorama provides a topical analysis of breaking issues affecting the North American gas market. We describe how our price formation and balance forecasts have evolved over the past week in response to near-term weather forecasts, pipeline flow data and  regulatory changes. The report includes also shows pipeline flow data across key shale plays as well as exports and demand by sector. Finally, the North American Panorama includes our six-week forward forecast of storage changes.

Weekly Basis Alert

Each Friday, we describe in depth our view on the price and fundamentals for a different key North American regional hub, discussing how our view exists in relation to the forward curve and the market as a whole.

 

 


Lower 48 Storage Update

The weekly Lower 48 Storage Update contains our final forecasts of mainland US stock levels for the EIA storage report, as well as a summary of key supply and demand changes. Easy-to-use tables summarise key flow data for our balances, enabling readers to anticipate the flow of gas through the mainland US.

 


Notes

Notes include forward-looking supply–demand balances for Canada and Mexico as well as our views regarding key underlying fundamentals in these countries. We also look at Western Canadian and Eastern Canadian gas prices and provide updates on the progress of key Mexican infrastructure developments.

 


Insights

The North American Gas Insight provides a comprehensive overview of some of the most topical issues affecting the market and analyses how traded markets will evolve in response. Insights cover a wide range of topics, from impacts of new infrastructure on existing flow data to effects of specific policy measures on the overall market. Insights also include seasonal outlooks and updates on the state of supply, and they dive into detail on topics such as Permian and Haynesville production forecasts.


Rig Report

Released on Fridays after Baker Hughes updates its rig count estimates, this report provides an overview of oil and gas rig counts in key areas that contribute to gas supply.

 

 


In Focus

In Focus reports serve as our annual outlooks for the main supply-demand developments and pricing dynamics that we anticipate for the coming year. The reports provide an overview of our thinking on the gas market across the Global LNG, Europe and North America services. Sub-sections of the reports offer detailed analysis of key market issues with past examples including the limits of coal-to-gas fuel switching in Europe's power sector and the likelihood of US LNG export plant shut-ins. 

 

 

 

Access to analysts

Our global team of analysts delivers rapid responses to our clients on market queries, data, prices and forecasts. We host regular Insight events for clients to hear our market outlooks and meet our teams.

 

 

 

North American Gas Market Outlook

The North American Gas Market Outlook compiles our views on how the gas market will continue developing over the short and long term. Easy to assimilate and available for use by clients in internal and external presentations (with due accreditation to Energy Aspects), we act as your outsourced analyst team.

Long regarded as the balancing market for global LNG, Europe’s role within the greater gas landscape is becoming more important than ever. Market dynamics are changing fast as Russia seeks new export markets and as the US shale boom continues. Our global team of experts deliver the insight, data and analysis required to drive  investment decisions and maximise profits in a quickly evolving landscape.

Our range of publications spans data analysis, market fundamentals and trends. We provide forecasts of supply and demand balances and prices, with a focus on the front two years of the curve.

European Gas forms part of the Natural Gas service, which also includes Global LNG and North American Gas. Together, these services provide comprehensive analysis of the global market, and we also offer each region as a standalone service.

Download service overview

Outlook

This monthly publication combines forward-looking market commentary with supply and  demand balances, information on infrastructure maintenance, power plant status and weather forecasts. The report outlines price forecasts for the NBP and Continental gas markets (TTF,  Zeebrugge and NCG) and in-depth analysis of European supply and demand balances. It also  provides thorough commentary on key topics that will influence European markets.

E-mail Alerts

E-mail alerts provide rapid, actionable insight into how market events, news headlines and  policy developments will influence LNG markets and prices. E-mail alerts offer a short summary of the event as it happens, together with the implication for balances and any impacts on our  market outlook.

 

Panorama

The weekly Panorama covers the outlook for European gas markets in the coming two weeks. In this report, we outline our views on key metrics of supply (including LNG sendout as well as Norwegian and Russian flows), demand (such as power sector gas burn) and storage, along with our expectations for price developments in key hubs.

 

Notes

Notes discuss our outlook for supply, demand and prices at Europe’s gas hubs, regions and countries. In Notes, we summarise the forward-looking views derived from our balances as well as trends in the latest available fundamentals data. We examine key hubs such as the TTF and NBP as well as imports to the EU. Each Note consists of a short commentary and provides easy-to-navigate table summaries as well as key charts.

 

Insight

Every month, Insight looks at some of the most topical issues in the market and covers them in greater depth, drawing out their key implications for the traded markets. Insight topics range widely, covering everything from seasonal outlooks and the impacts of new infrastructure on existing supply to developments in demand and the effects of specific policy measures on the wider market. Examples include the summer and winter outlooks, the impact of Norwegian maintenance, the recent uptick in UKCS production and the implications of the Russia–Ukraine crisis on Europe’s gas markets.

 

In Focus

In Focus reports describe our annual outlook for the main supply–demand developments and pricing dynamics we anticipate for the coming year. The reports provide an overview of our thinking on the gas market across the Global LNG, Europe and North America services.

Subsections of the reports offer detailed analyses of key market issues,with past examples including the limits of coal-to-gas fuel switching in Europe’s power sector and the likelihood of US LNG export plant shut-ins.

 

 

Access to analysts

Our global team of analysts delivers rapid responses to our clients on market queries, data, prices and forecasts. We host regular Insight events for clients to hear our market outlooks and meet our teams.

 



Global gas market outlook

The global gas market outlook presentation provides Energy Aspect’s outlook for the  development of the market. Easy to assimilate and available for use by clients in internal and  external presentations (with due accreditation to Energy Aspects), we act as your outsourced  analyst team.