The Northeast energy market will undergo dramatic natural gas supply and transportation changes during the next several years due to increased supply sources and new pipeline projects, which will drastically affect traditional price relationships and supply routes.
- Start up of Millenium Pipeline, completion of REX into Ohio, growth in Marcellus Shale
- 5.9 Bcf/d of new supplies reach the Northeast by 2011
- 14.8 Bcf/d of pipeline capacity from 50 new pipeline expansions projects
- 84 Bcf from 12 new storage projects
- Six LNG terminal projects
A comprehensive service from BENTEK covering current natural gas pipeline capacity and market developments in the Northeast region will help you understand how these events will unfold.
In the Spring of 2009, 1.6 Bcf/d of Rockies natural gas will slam into the northeast market at Lebanon, OH, launching an interregional battle for market share that is likely to persist for years. The new Rockies supply will arrive at approximately the same time that deliveries into the Northeast from Midcontinent shales are increasing while local Appalachian production has been ramping up. New pipeline projects designed to debottleneck regional constraint points will shift flow patterns and create new marketing opportunities, increasing gas-on-gas competition in the largest and most dynamic natural gas market in North America.
In the Spring of 2009, 1.6 Bcf/d of Rockies natural gas will slam into the northeast market at Lebanon, OH, launching an interregional battle for market share that is likely to persist for years. The new Rockies supply will arrive at approximately the same time that deliveries into the Northeast from Midcontinent shales are increasing while local Appalachian production has been ramping up. New pipeline projects designed to debottleneck regional constraint points will shift flow patterns and create new marketing opportunities, increasing gas-on-gas competition in the largest and most dynamic natural gas market in North America.
To provide insight into these developments, BENTEK is initiating a new retainer service that will include:
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A three-part Catch the Wave!™ report series that will examine the impact of the new capacity on current gas markets with a focus on gas flows and price implications. Part 1 will be delivered in October 2008, Part 2 will be delivered in December 2008 and Part 3 will be delivered in February 2009.
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BENTEK's new Northeast Observer™, a daily/weekly Energy Market Fundamentals Analytics report that monitors pipeline flows, capacities, supply/demand, new expansions and storage projects (with expected completion dates), pipeline notices, prices, LNG, and other key aspects of the Northeast market. Included in this report is an associated Market Model from BENTEK that provides the raw data behind the flow analysis in the Northeast Observer™.
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An onsite or Web-based meeting with a BENTEK senior energy analyst reviewing the developments in the Northeast, in addition to ongoing client services support from BENTEK’s analytics team.
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