Sept 2 (LNGJ) - The tropical storm and hurricane season in the Gulf of Mexico led to evacuations of personnel from offshore platforms and declines in US Gulf Coast natural gas production in the past week. It has also sent spot natural gas prices higher, with the benchmark Henry Hub price last at $2.92 per million British thermal units. Several producers, including Shell, BHP Billiton, Anadarko and BP evacuated personnel from offshore facilities as a precaution during the latest severe weather. The latest tropical disturbance is known as Hurricane Hermine and came ashore in the state of Florida on September 2.
US natural gas higher
Written by John McKay
Friday, 02 September 2016
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