Page 7 - NorthAmOil Week 47 2022
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       Natural gas trade between Canada and




       US lower but still important – EIA





        NORTH AMERICA    GROSS imports of dry natural gas from Canada  Sumas, Washington, and Eastport, Idaho, prin-
                         accounted for, on average, 8% of US supply as  cipally supply metropolitan areas in the Pacific
                         of the end of August, said the US Energy Infor-  Northwest and California, where several factors
                         mation Administration (EIA). In 2005, 17% of  have challenged supply and demand balances in
                         the total US supply of dry gas was imported from  2022.
                         Canada.                                There has been more demand for electric
                           Canada’s share of imported dry gas supply to  power to run air-conditioning owing to sus-
                         the US has declined because US domestic gas  tained high temperatures and an extreme heat   The gas trade
                         production has grown.                wave this summer. There has been less hydro-
                           But despite this reduction, the gas trade  electric power – a staple in the North-Western   between the two
                         between the two countries remains important  US – because of drought. And there has been
                         in balancing US supply and demand, especially  reduced gas inflows to the west from the Per- countries remains
                         during the cold winter months, said the agency,  mian Basin in Texas and New Mexico owing to
                         part of the US Department of Energy (DoE).   pipeline constraints           important in
                           As of the end of August, US gas production   In the eastern US, gas pipeline capacity   balancing US
                         averaged almost 2,750mn cubic feet (77.9mn  has expanded, and the region is typically a net
                         cubic metres) per day, according to EIA’s Natural  exporter of gas to Canada for much of the year.   supply and
                         Gas Monthly.                         Imports from Canada, however, help support
                           Because of ample capacity on pipelines and in  annual seasonal fluctuations in consumption,   demand.
                         storage facilities in Canada, suppliers can rapidly  particularly during the winter when cold tem-
                         increase flows, which the EIA said helps to stabi-  peratures drive demand for heating.
                         lise the US market.                    Since 2012, imports into the eastern US
                           US pipeline exports of gas to Canada have  have generally peaked in January or February
                         increased. In 2000, US exports averaged 2% of  at around 2.1bn cubic feet (59 mcm) per day
                         all pipeline gas trade with Canada. In 2005, that  and then again in July or August – when use
                         share increased to 9%. In August of this year, it  of air conditioning is high – at roughly 989
                         averaged 24%.                        mmcf (28 mcm) per day. During the shoulder
                           Gas imports from Canada to the western US  seasons – spring and autumn – net flows of
                         have expanded by 4.1% compared to the same  natural gas reverse, flowing into Canada to
                         period in 2021. The border-crossing points at  build inventories.™



       Week 47   24•November•2022               www. NEWSBASE .com                                              P7
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