NGI Proposes Natural Gas Price Index Changes for October Update

Natural Gas Intelligence (NGI) is proposing changes to its spot market price tables to reflect shifts in pricing at various locations and hubs in the North American natural gas market.

The proposed modifications include adding two new indexes, ceasing publication of three existing ones, and amending the definitions of six other indexes that affect NGI's data services, including MidDay Price Alert, Daily Gas Price Index, Weekly Gas Price Index, Bidweek Alert, Bidweek Survey, and Shale Daily.

The changes are aimed at keeping pace with market developments and ensuring accuracy in pricing information. NGI is also clarifying the definitions of seven indexes to improve clarity without altering their calculations.