News

Canadian Natural Gas Production Outpaces LNG Demand, Capping AECO Prices

Natural Gas Intelligence · last updated

Persistent production growth in the Western Canada Sedimentary Basin (WCSB) is expected to trump gains in LNG feed gas and power demand, capping regional prices for the next few years, according to Morningstar DBRS.

Line chart titled “NGI’s NOVA/AECO C Forward Basis Price Curve” showing monthly forward basis prices from February 2026 through January 2028. Prices begin near -$5.60/MMBtu in early 2026, rise sharply to around -$2.50/MMBtu by spring 2026, fluctuate mostly between -$3.00/MMBtu and -$2.00/MMBtu through 2027, peak near -$1.60/MMBtu in mid-2027, and ease back toward approximately -$2.20/MMBtu by early 2028.

At A Glance:

  • AECO 2026 averages C$2.50
  • Forward AECO basis deeply negative
  • LNG capacity reshapes regional flows

View full article

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up