That’s a blessing for New England, where the Everett liquefied natural gas terminal in Boston has about 1.1 Bcf in storage, which will last only around four days at current sendout levels, according to Genscape. “This storage will be necessary with temperatures around 5 degrees colder than normal continuing through March 27,” Genscape analyst Molly Rosenstein said, adding that there is a vessel inbound in the next week.
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Data and analytics company Genscape Inc. said it is possible that low temperatures hitting Appalachia are triggering production disruptions, possibly even freeze-offs. The company’s production team estimated East region production was down more than 0.65 Bcf/d day/day.
As with the last few storms that have hit the Eastern Seaboard, however, demand destruction is a possibility as heavy, wet snowfall is anticipated with the potential to once again knock out power lines, according to Genscape Inc.
This ship had ran aground in the port of Paranaguá in the Pontal do Sul region. It was towed to an anchorage in Bay of Paranaguá, and then into port on 18 March, according to Genscape Vesseltracker.
Data from market intelligence firm Genscape showed gasoline inventories in the New York Harbor region fell by about 1.1 million barrels last week, traders who saw the data said.
The outlook for California hydro is in the midst of a radical turnaround, according to data and analytics company Genscape Inc
This month is already the sixth biggest March in the past 50 years, with more storms on the way, Genscape said. Forecasts are calling for another one-to-two feet this week. “From a gas perspective, this rebound further takes the wind out of the bullishness a low hydro season would have generated,” the Louisville, KY-based company said.
Now that we are geographically oriented, we begin our look at historical pipeline flow data on these routes — courtesy of our good friends at Genscape.
Figure 3. Source: Genscape, RBN
Source: Genscape, Bluegold Research estimate and calculations
Genscape Inc. was forecasting Midwest demand to decline through the weekend to 12.84 Bcf/d by Sunday, down from 14.18 Bcf/d Friday. The firm’s Midcontinent regional forecast called for demand to total 2.36 Bcf/d Sunday, down from just under 3 Bcf/d Friday.
On Friday, the utility announced that capacity through the Southern Zone would be lowered to 700 MMcf/d through the weekend and increased to 800 MMcf/d on Monday. According to Genscape, the Southern Zone’s normal operational level is 1,256 MMcf/d.
Price spikes from the winter storm that hit the region earlier this week drove up the five-minute spot price to more than $1,800/MWh on Tuesday, driven by a major transmission line that tripped and a loss of up to 1,200 MW of gas-fired generation, according to data tracked by Genscape Inc.