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A location near the coastal town of Egan, LA and the Texas border where more than a dozen major natural gas pipelines converge and exchange gas. It is owned and operated by Sabine Pipeline, a subsidiary of Chevron-Texaco.Widely used for physical trading, including physical delivery of the Nymex natural gas futures contracts. Henry Hub is also one of the most widely used points for monthly and daily price indexes.
- Browse Related Terms: 12-month strip, Arbitrage, Delivery Point(s), Financial transmission right, Forward price curve, Futures market, Henry Hub, Locational marginal price, long, Mark-to-market, Physical basis, Reference price, Short position, Spark spread, Uplift, West Texas Intermediate (WTI)