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Northeast Price Spike Draws LNG Flows Through Saint John Import Terminal

Natural Gas Intelligence · last updated

As cold weather continues to impact supply and prices in the pipeline-constrainted in the Northeast, Canada’s Saint John LNG import terminal has seen a spike in volumes to help meet U.S. demand.

Line chart showing NGI’s Tennessee Zone 6 200L daily natural gas prices in $/MMBtu from early February 2025 through late January 2026, with prices remaining low most of the year before surging sharply above $120/MMBtu in late January 2026 and then retreating.

At A Glance:

  • Maritimes prices retreat from extremes
  • Zone 6 prices follow cooling trend
  • Foreign gas supports New England power

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