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Henry hub
May. 30 - 2012
Gas prices and high costs dictate to rethink Shtokman The foreseen capital expenditure for the Shtokman gas field development came up from first estimated $15 billion to $30-40 billion. This costs escalation is resulting from multiple factors including the combined target to produce 50/50 natural gas and LNG. This goal appeared to have a great impact on […]
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May. 9 - 2012
Definition The Henry hub is the pricing point for the natural gas future and spot contracts traded on the New York Mercantile Exchange (NYMEX). Physically the Henry hub is located in Erath, Louisiana, USA and belongs to the Sabine Pipeline LLC. Comments Future and spot prices set at Henry hub are denominated in $/mbtu (million of British thermal units) and are generally […]
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