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Artwork for NGI’s Hub & Flow
Natural Gas
LNG
Data Centers
Mexico
LNG Exports
Pemex
LNG Market
Natural Gas Market
Natural Gas Prices
Permian Basin
Biden Administration
Natural Gas Storage
Claudia Sheinbaum
FERC
CFE
LNG Freight Rates
United States
Natural Gas Imports
Trump Administration
Renewable Energy

NGI’s Hub & Flow is a podcast for busy natural gas professionals interested in a quick take on North American energy markets. Join Natural Gas Intelligence’s trusted reporters, editors and analysts as they discuss what is driving supply and demand fundamentals, prices and movements in the natural gas and LNG markets in the U.S., Canada and Mexico.

PublishesTwice monthlyEpisodes100Founded6 years ago
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Artwork for NGI’s Hub & Flow

Latest Episodes

The California energy market has historically been defined by extreme contradictions: a regulatory push toward a renewable energy stack on one side, and total dependence on neighboring regions for physical natural gas molecules on the other. While a ... more

The global energy market has entered a period of stark contrasts: a sudden structural deficit in global crude oil on one side, and a looming wall of associated US natural gas production on the other. As the closure of the Strait of Hormuz takes a mas... more

Western Canada is currently a land of stark contrasts: record natural gas production on one side, and a mountain of natural gas with nowhere to go on the other. As AECO basis remains wide, and storage levels continue to climb, the Canadian natural ga... more

The global energy market continues to grapple with its second major shock of the decade as the Iran war, which began in late February, stretches into an indefinite stalemate. With critical LNG production offline in Qatar and the Strait of Hormuz stil... more

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Recent Guests

Pat Rau
NGI's Senior Vice President, Research & Analysis
NGI
Episode: The Hormuz Paradox: Will Higher Crude Oil Output Crush US Natural Gas Prices?
Martin King
Calgary-based analyst from RBN Energy
RBN Energy
Episode: When Will Canada’s AECO NatGas Prices Find Support?
Jamison Cocklin
Managing Editor for LNG at NGI
NGI
Episode: The Second Shock: US LNG and the Global Natural Gas Stalemate
Anne-Sophie Corbeau
Global research scholar at the Center on Global Energy Policy, Columbia University
Columbia University, Center on Global Energy Policy
Episode: How Does the Iran War Impact the Global Natural Gas and LNG Landscape?
Leticia Gonzalez
Managing Director, North American Natural Gas Pricing at NGI
NGI
Episode: From $30 Spikes to Plummeting Prices: The New Reality of U.S. Natural Gas
Toby Copson
Managing Partner and Portfolio Manager at Davenport Energy
Davenport Energy
Episode: Will Spot LNG Buying Ever Rebound? Exploring Asia’s Role in a Rapidly Evolving Market
Jay Bhatty
Founder of natgashub.com and longtime former trader
Episode: Insider Secrets and Infrastructure Squeezes: Jay Bhatty on Striking it Rich in NatGas
Kate Hardin
Executive director of the Deloitte Research Center for Energy and Industrials, with 25 years of experience as a global analyst in energy.
Deloitte
Episode: Energy Industry to Thrive in ‘26 on Technology and Innovation, Says Deloitte Expert
Kyle Cooper
Owner of IAF Advisors, an energy consulting services firm
IAF Advisors
Episode: Coldest December in Over a Decade? Kyle Cooper on What it Means for Natural Gas

Host

Chris Lenton
Host of NGI's Hub & Flow podcast; Managing Editor for Mexico coverage; NGI Senior Editor with focus on natural gas and LNG markets.

Reviews

4.9 out of 5 stars from 32 ratings
  • Subjectmatter has rhus far been relevant and up to date. would enjoy more latest news posted updates on m market conditions and expected influences for daily/monthly trading.

    Audible
    5
    Peter
    United States2 years ago
  • Need to know NG information

    Subjectmatter has rhus far been relevant and up to date. would enjoy more latest news posted updates on m market conditions and expected influences for daily/monthly trading.

    Audible
    5
    Peter
    United States2 years ago
  • E101

    This was a great podcast that provided new and different perspectives than usual. It would be great to have more like this. And these two experts are incredible in discussion.

    Thank you and well done today. Great stuff.

    AQ

    Subscriber.

    Apple Podcasts
    5
    Ibandyq
    Canada3 years ago
  • Learning a lot

    Leticia does a great job covering the Natural Gas Industry. Well worth a listen!

    Apple Podcasts
    5
    Randgolder
    United States5 years ago
  • Great Natural Gas Podcast!

    This one is a must to understand the reasons behind natural gas prices and all news around the energy industry.

    Christopher Lenton and Leticia Gonzales add so much value with their analysis and insights!!! Highly recommended for the industry!

    Keep doing this great job guys!

    Apple Podcasts
    5
    Ricardo Carmona NGV
    Mexico6 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Guests are consistently high-caliber and deeply knowledgeable about LNG and natural gas.
The show combines expert commentary with clear explanations of complex market dynamics.
Listeners appreciate the data-driven market color and practical LNG insights.

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Talking Points

Recent interactions between the hosts and their guests.

The Hormuz Paradox: Will Higher Crude Oil Output Crush US Natural Gas Prices?
Q: Is there evidence from the first-quarter calls that producers are leaning into higher production, or is discipline still the guiding principle among public vs private players?
Publics largely remain in discipline, while privates are pushing activity higher, with some majors like Diamondback and EOG signaling or maintaining capex strategies that favor oil over gas, suggesting a nuanced shift where some segments increase activity while others stay cautious.
The Hormuz Paradox: Will Higher Crude Oil Output Crush US Natural Gas Prices?
Q: What was the single most important takeaway from the earnings season across the natural gas sector?
The fundamental takeaway is that the Iran War has likely increased the risk premium and kept crude prices more bullish, which, in turn, could boost associated gas production in the US but may pressure Henry Hub prices in the near term as supply responds to higher crude.
The Second Shock: US LNG and the Global Natural Gas Stalemate
Q: What longer-term signals are you seeing for LNG project financing and development in North America?
Geopolitical risk may support near-term contracting and financings, with certain projects close to FID potentially accelerated, but a broad LNG project slate still faces typical permitting, financing, and build-out timelines.
The Second Shock: US LNG and the Global Natural Gas Stalemate
Q: Can US LNG ramp up quickly enough to fill the gap for Europe and Asia?
US LNG is a clear winner and can help modestly, especially due to its destination flexibility, but ramping up to fill a large void quickly is unlikely given maintenance, capacity, and logistics constraints.
The Second Shock: US LNG and the Global Natural Gas Stalemate
Q: What is the state of play in the Middle East and how is the war impacting global LNG flows?
The conflict has disrupted key supply routes and damaged Qatar's capacity, pushing up global gas prices and complicating the timing for return to pre-war flows; the market remains uncertain with a potential prolonged period before a permanent ceasefire translates into a quick rebound in energy flows.

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Frequently Asked Questions About NGI’s Hub & Flow

What is NGI’s Hub & Flow about and what kind of topics does it cover?

The show focuses on North American natural gas and LNG markets, with a steady emphasis on supply-demand dynamics, price movements, and the evolving role of LNG exports. Episodes frequently feature top NGI reporters and industry analysts discussing technology shifts, infrastructure needs, geopolitical factors, and regional markets from the U.S. and Mexico to Asia, Europe, and Latin America. A notable pattern is the blend of market intelligence, data-driven trading insights, and policy context, often anchored by guest experts who bring hands-on experience in LNG development, storage, and trading. The format tends to combine sharp commentary with practical implications for professionals involved in trading, risk management, and energy strategy... more

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Which podcasts are similar to NGI’s Hub & Flow?

These podcasts share a similar audience with NGI’s Hub & Flow:

1. Oil Markets
2. The HC Commodities Podcast
3. Oil and Gas This Week
4. Oil Ground Up
5. ARC ENERGY IDEAS

How many episodes of NGI’s Hub & Flow are there?

NGI’s Hub & Flow launched 6 years ago and published 100 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on NGI’s Hub & Flow?

Recent guests on NGI’s Hub & Flow include:

1. Pat Rau
2. Martin King
3. Jamison Cocklin
4. Anne-Sophie Corbeau
5. Leticia Gonzalez
6. Toby Copson
7. Jay Bhatty
8. Kate Hardin

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