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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.
- Gas Rates in Alberta
Gas Alberta Inc. purchases natural gas supplies on behalf of...
- Natural Gas Trading
Alberta’s gas prices are based on NYMEX contract prices that...
- Gas Rates in Alberta
The Natural Gas Reference Price is a critical input into the valuation of the Crown's royalty volume. In the chart or data table, select the month to obtain the monthly reference prices for natural gas, methane, ethane, propane, butanes, pentanes and sulphur in PDF.
AECO-C: The AECO-C price, the benchmark for Western Canadian natural gas, decreased 46% from 2022 to an average of Cdn$2.74 per gigajoule (GJ) in 2023. The price decrease was primarily attributed to lower domestic residential and commercial demand and the growth in the natural gas supply.
Updated Price for Natural Gas (NYMEX: NGG24). Charting, Price Performance, News & Related Contracts.
Pricing benchmarks. There are several pricing benchmarks in the natural gas market. New York Mercantile Exchange (NYMEX) The NYMEX natural gas futures contract is widely used as an international benchmark price. It is used here in Alberta. The futures contract trades in units of 10,000 million British thermal units (MMBtu).
Alberta’s gas prices are based on NYMEX contract prices that have been discounted to reflect such factors as the province’s supply basin, foreign exchange rates between Canada and the U.S., and the conversion process from MMBtu to gigajoules (GJs).
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Where is the NYMEX price based?
Since the fall of 2016, Alberta’s price of natural gas has spent approximately 85% of the time under $3.00/GJ, and 75% of the time priced less than $2.50/GJ. The most recent 5-year average price comes in at $2.42/GJ, which means the recent increase to $3.87/GJ amounts to a 60% price increase.