What is AECO hub?

What is AECO hub?

The AECO HubTM, one of Rockpoint’s commercial natural gas storage business in Alberta, Canada, is comprised of two gas storage facilities: Suffield Gas Storage Facility, and the. Countess Gas Storage Facility.

What does AECO C stand for?

AECO-C. The AECO “C” spot price is the Alberta gas trading price.

What does AECO stand for natural gas?

AECO (Alberta Energy Company): The AECO Hub is the Canadian benchmark price for natural gas on the Nova Gas Transmission Ltd.

What is AECO NIT?

AECO NIT means a Nova Inventory Transfer on the TransCanada Alberta System.

Where is AECO is located?

Company Description: Aeco Gas Storage Partnership is located in Calgary, AB, Canada and is part of the Pipeline Transportation of Natural Gast Industry. Aeco Gas Storage Partnership has 100 total employees across all of its locations and generates $182.98 million in sales (USD). (Sales figure is modelled).

Who is AECO?

After a strong first quarter, the second quarter of 2019 was challenging with AECO 5A natural gas pricing averaging $1.03 per Mcf, the lowest in quarterly average in decades, resulting in adjusted funds used in operations….AECO.

Acronym Definition
AECO Architecture, Engineering, Construction and Owner-operated

What does AECO stand for Alberta?

AECO

Acronym Definition
AECO Alberta Energy Company (Canada)
AECO Academic Exchange and Collaboration Office (Hong Kong)
AECO Accredited Elevator/Escalator Certification Organization
AECO Aeromedical Evacuation Control Officer

What is Henry Hub pricing?

Henry Hub is an important market clearing pricing concept because it is based on the actual supply and demand of natural gas as a stand-alone commodity. This means natural gas prices are often indexed to crude oil, which can have very different supply and demand factors affecting its price.

What is AECO 7A?

Another highly traded product on NGX is the “AECO/NIT 7A” Monthly Index price. The daily index price (“AECO/NIT 2A or 5A”) and the monthly index price (“AECO/NIT 7A”) are utilized by Alberta’s utility companies to establish their monthly gas cost recovery rates charged to their customers.

What is AECO gas price?

Selected Oil And Gas Prices

Close Last Trade Day
AECO/NGX Spot Price – Settlement $3.85 CAD/GJ
AECO/NGX Spot Price – Same Day Volume 1,159.2 TJ
AECO/NGX Near-Month: December, 2021 $4.05 CAD/GJ
NYMEX Today @ 10:00 AM MST