NGTL Protocols Having Desired Price Impact

摘要

A new day might be dawning for bulls in the Western Canadian Sedimentary Basin because Alberta gas benchmark Aeco is showing signs of strength it hasn't seen in years. The reason: A new rule on TC Energy's Nova Gas Transmission Ltd. (NGTL) system might actually relieve a major ailment that's afflicted Western Canada's beleaguered gas sector for years. Aeco summer 2020 and winter 2020-21 forward prices have been improving over the past few weeks, rising to more than C$2 giga joules and C$2.30/GJ ($1.51 per million Btu and $i.73/MMBtu), respectively, "the best prices seen for both since August 2017, said RBN Energy analyst Martin King.