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Previously, the average price for 2020-first half of 2021 hovered around $1.55-$3.00/GJ. The following year, the price reached $6.53/GJ in June 2022. In 2023, the natural gas price trended downwards. According to the Alberta government, the lowest price seen was $1.93/GJ in July 2023.
The Alberta natural gas price is $3.16 (2020 C$/MMBTU) in 2010, $2.24 in 2020, and in 2050 the price is $3.42 in the Evolving Policies Scenario and $4.23 in the Current Policies Scenario. In the Evolving Policies Scenario, natural gas production remains near current levels through much of the next two decades.
Jun 19, 2024 · Price of natural gas per gigajoule in Canadian dollars. On this page: Alberta API.
Table S1.2 shows the historical and forecast Henry Hub and AECO-C natural gas prices. Highlights for 2024 to 2033 Henry Hub : The Henry Hub price is forecast to decline slightly to US$2.60/MMBtu in 2024 and rebound to US$3.91/MMBtu by 2033.
The Alberta Natural Gas Reference Price is a representative market price for natural gas bought and sold within the province, calculated using a simplified netback model. The Natural Gas Reference Price is a critical input into the valuation of the Crown's royalty volume.
The following charts illustrate the daily and monthly index prices of natural gas for the current and prior month. Alberta Natural Gas Prices - Current Month Actual prices are based on a volume weighted average of transacted prices for all physically delivered natural gas at the Alberta AB-NIT market center.
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2020-21 Final Results Year-End Report 5 estimate. Natural gas prices were one positive: the Alberta Reference Price (ARP) averaged Cdn$2.10 per gigajoule, 71 cents above 2019-20 and 44 cents above budget, boosted by higher North American exports and domestic demand, and flat supply. • Bitumen royalties were $2 billion,
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related to: how much does gas cost in alberta canada 2020 2021 year predictionsCanada's refineries are able to process nearly 2 million barrels of oil per day. If you are a company looking to expand your business to Canada, contact us to discuss!