Canadian natural gas exports up to all U.S. regions in June

Gary Park

Canadian natural gas exports to the United States showed continued signs of rebounding in June, the latest month for which the National Energy Board has compiled figures.

The federal regulator said shipments rose 26 billion cubic feet to 287 bcf, pushing the six-month tally to 1.77 trillion cubic feet, up 40 bcf from the same time last year.

All regions in the United States took larger volumes in June, with the Northeast up 18 percent to 76.3 bcf, the Midwest up 6.1 percent to 130.7 bcf, the Pacific Northwest up 10.5 percent to 28.5 bcf, California up 4.7 percent to 37.2 bcf and the Rocky Mountain region growing five-fold to 500 million cubic feet.

The National Energy Board showed export prices averaged US$5.48 per million British thermal units in the first half, compared with US$5.55 in the same period of 2003.

Export revenues were C$13.11 billion to the end of June, down C$1.04 billion from a year earlier.