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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.
- Alberta Economic Dashboard | Natural gas price
Price of natural gas per gigajoule in Canadian dollars. On...
- Natural gas price variables - Alberta.ca
The NYMEX natural gas futures contract is widely used as an...
- Alberta Economic Dashboard | Natural gas price
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.
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). The price is based on delivery at the Henry Hub in Louisiana.
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.
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).
The average annual price of AECO-C natural gas was Cdn$2.74 per gigajoule (GJ) in 2023, decreasing by 46% from 2022. The AECO-C base-case price is forecast to decrease to Cdn$2.24/GJ in 2024, rising to Cdn$2.62/GJ in 2025 and reaching Cdn$3.64/GJ by 2033.
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Sep 17, 2024 · Price of natural gas per gigajoule in Canadian dollars. On this page: Alberta API.