Argus Launches North American Natural Gas Market Report

HOUSTON, Oct. 5 /PRNewswire/ -- Argus, the international energy price reporting agency, today launches Argus Natural Gas Americas, a new daily publication covering the spot markets in North American natural gas.

The addition of natural gas means Argus now provides pricing intelligence for all the major energy markets in North America. Argus is already a leading provider of pricing data in European natural gas, power, coal, biomass and emissions markets.

"Natural gas in North America has been a gap in the Argus portfolio for too long," Argus Media's chairman and chief executive Adrian Binks says. "Our clients have been asking us to enter this market, and we have listened."

Argus Natural Gas Americas publishes daily prices for more than 75 hubs in the US and Canada, using transactional data provided by market participants to calculate volume-weighted average indexes. Bidweek indices are also calculated each month at over 60 hubs. The Federal Energy Regulatory Commission (Ferc) approved Argus natural gas indexes for use in jurisdictional tariffs on 27 August 2009.

The report features regional commentary, national market overviews and market-moving news. Charts and graphs offer an at-a-glance view of key information such as national storage, pipeline capacity, US daily supply and demand.

Learn more about Argus Natural Gas Americas, its methodology and the rest of Argus' global natural gas suite at www.argusmedia.com/gas.

For further information contact: Euan Craik, Argus chief executive Americas, euan.craik@argusmedia.com, +1 713 968 0000

About Argus

Argus Media is a leading provider of price assessments, business intelligence and market data on the global natural gas, coal, electricity, oil, emissions and transportation industries. It is headquartered in London and has offices in Houston, Washington, Jersey City, Portland, Calgary, Johannesburg, Dubai, Singapore, Tokyo, Beijing, Sydney, Moscow, Astana, Kiev and other key centres of the energy industry. Argus was founded in 1970 and is a privately held UK-registered company. Learn more at www.argusmedia.com.

SOURCE Argus Media

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