Forward Curve-Natural Gas is a comprehensive and independent view of forward pricing in the North American natural gas market and provides the marketplace with a complete and independently-derived set of curves tailored to meet the growing risk-management needs of the trading community.

Features

• Daily assessment of the financial basis swap market at 21 key trading hubs going out three years
• Independent assessments of swaps based on real market activity rather than models
• Market commentary explaining price movements and market developments

The product combines the data-gathering power and expertise of both Platts and Intercontinental Exchange (ICE).

Platts gathers information on the forward market through the non-commercial departments of companies, from discussions with traders and brokers active in the market, and then incorporates gas forward trading activity from ICE, including transactions and bids and offers. Platts experts then co-mingle the data under established methodologies to formulate the daily assessments

Who should buy

Traders, risk managers, portfolio managers, compliance officers and planners

Benefits

Forward Curve Natural Gas allows you to run daily mark-to-market validation, aid internal auditing and support portfolio risk metrics such as:

• Value-at-risk
• Stress Testing
• Risk disaggregation

Get the peace of mind you need knowing that you have an independent, unbiased view of the forward markets.

Daily assessments and associated ranges are formulated for the prompt month, second month, third month, four full seasons, and three calendar years. Seasonal packages are the November-March winter package and the April-October summer package.

Daily assessments and associated ranges are formulated for these key gas trading hubs:

• Algonquin city-gate
• Transco 6 N.Y.
• Texas Eastern, M-3
• Columbia Gas, Appalachia
• Transco, zone 3
• Florida Gas, zone 3
• Trunkline, LA
• Chicago city-gates
• MichCon city-gate
• Panhandle, Tx.-Oklahoma
• Houston Ship Channel
• Waha
• El Paso, Permian Basin
• El Paso, San Juan Basin
• PG&E city-gate
• Northwest, Rocky Mountains
• SoCal Gas
• Northwest, Canadian Border (Sumas)
• Dawn, Ontario
• TCPL Alberta, AECO-C

The market-on-close assessments reflect values in the financial basis-swap market at the 21 locations at the 2:30 pm EPT close of open outcry trading of the New York Mercantile Exchange Henry Hub gas futures contract, which allows the assessments to line up and be compared with the NYMEX Henry Hub contract settlement prices.

Assessments are expressed both in basis values(plus of minus the NYMEX gas futures contract)and full-value equivalents.

Basic Delivery

You can receive Forward Curve – Natural Gas on your PC via Platts proprietary platform Platts on the Net, or over EMIS - a browser-based platform incorporating an easy and intuitive navigation scheme including user-defined layouts and an improved search engine.

If you subscribe to Natural Gas Alert, you have the option of adding Forward Curve – Natural Gas to your package as an add-on.

Delivery Partners

Platts partners play a critical role to help ensure your company's success. We're pleased to have cooperative partnerships with the world's leading data delivery and analysis companies to help you extend the value of the information we provide throughout your organization. Please contact your nearest Platts office to discover whether you can access Forward Curve – Natural Gas through your existing vendor's delivery platforms.

Multiple-user Subscriptions

Many clients purchase multiple subscriptions to ensure their entire staff has access to Platts information. We'll work with you to ensure our distribution methods meet your specific needs. For details, contact your nearest Platts office.