Prices surge at Algonquin city-gates, Iroquois Zone 2 TTF trades near $50 on strong European demand New England imports 17.8 Bcf of LNG, winter 21-22 Winter gas prices in New England are hitting record highs in recent trading as the import-reliant region prepares to compete for LNG cargoes in a global market under pressure from strong demand in Europe. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At Boston’s Algonquin Gas Transmission city-gates hub, peak-winter gas prices for the upcoming season have more than doubled since the start of this year. In recent trading, the December 2022 contract settled at a new high of over $34/MMBtu with the January 2023 contract now priced at a record high of over $40/MMBtu. At Iroquois Gas Transmission Zone 2 in upstate New York—which typically prices up during winter to pull eastern Canadian gas into New […]