Rover, NEXUS NatGas Exports to Canada Currently “Maxed Out”

For some time we’ve been concerned about competition for Marcellus/Utica gas coming from western Canada being piped to Canada’s East Coast (see TC Energy Plan to Move Western Canadian Gas to East Coast Approved). TC Energy’s (formerly TransCanada) plan to haul gas over 1,000 miles across the continent at steeply discounted rates seemed like it was working (see TC Energy Cuts Rates 3rd Time to Sell W. Canada Gas to New England). Maybe we worried for nothing. S&P Global Platts is reporting Canada’s net imports of U.S. gas at the Dawn Hub have surged.

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