Bentek: New commissioned report uncovers important insights on Canadian natural gas and NGL markets

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Oct. 18, 2012 - PRLog -- EVERGREEN, CO (October 18, 2012) – A leading participant in the Canadian natural gas and NGL markets recently commissioned Bentek’s consulting department to undertake an independent study examining the impacts of the proposed Natural Gas Liquids Extraction Rights (NEXT) regulatory structure.  This change in legislation would have flipped the current AECO pricing convention on its head by altering the ownership rights of NGLs entering the common stream of Nova Gas Transmission’s pipeline system in Alberta.  Bentek’s in-depth analysis, NEXT and the AECO Market, concluded NGL value is being accurately reflected in the current convention and that a shift in structure would lower AECO prices and could cause a 40% reduction in the NGL extraction payment to producers. The regulatory change has since been suspended.

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Location:Evergreen - Colorado - United States
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