MXP Outage Splits Appalachian Natural Gas Prices
Columbia Gas Transmission's Mountaineer XPress outage entered a third gas day, splitting Appalachian prices.
Columbia Gas Transmission's Mountaineer XPress (MXP) outage entered its third gas day on Friday, creating a split in Appalachian natural gas prices. According to NGINaturalGas, the company declared force majeure on Wednesday after detecting a leak.
Force Majeure Declared
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The pipeline disruption has impacted regional flows and exposed winter basis risk across the Appalachian market. Columbia Gas Transmission initiated the emergency measures following the leak detection.
Key facts
- Columbia Gas Transmission's Mountaineer XPress outage entered its third gas day on Friday.
- The pipeline operator declared force majeure on Wednesday following a detected leak.
- The disruption has created a split in Appalachian natural gas prices and highlighted winter basis risk.
Source: naturalgasintel.com
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