- Henry Hub
Henry Hub is the
pricing point fornatural gas futures contract s traded on theNew York Mercantile Exchange (NYMEX). It is a point on thenatural gas pipeline system inErath, Louisiana . It is owned bySabine Pipe Line LLC .It interconnects with nine interstate and four intrastate pipelines:
Acadian ,Columbia Gulf Transmission ,Gulf South Pipeline ,Bridgeline , NGPL,Sea Robin ,Southern Natural Pipeline ,Texas Gas Transmission ,Transcontinental Pipeline ,Trunkline Pipeline ,Jefferson Island , and Sabine. The two compressor stations can compress 520,000 decatherm/d (6.3 GW) . The transportation capacity is 1.8 billion ft³/d (bcf) (590 m³/s) (20.4 GW) (Sabine Pipe Line, LLC, 2000).Spot and future prices set at Henry Hub are denominated in $/mmbtu (millions of
British thermal unit s) and are generally seen to be the primary price set for the North American natural gas market. North American unregulated wellhead and burnertip natural gas prices are closely correlated to those set at Henry Hub.External links
* [http://www.sabinepipeline.com/public/henry.asp Sabine's site for Henry Hub]
* [http://www.sabinepipeline.com/images/hubschematic.jpgSchematic for Henry Hub]
* [http://www.naturalgasprice.net Henry Hub Natural Gas Price Daily Report]
* [http://www.thehenryhub.com Henry Hub Natural Gas Business News for USA]
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