# Europe's skimpy gas storage under scrutiny as Qatar halts LNG flows | Reuters

> European gas futures jumped 32% on the first day of trading after attacks on Qatar's LNG terminal. Analysts expect China, India, Japan and South Korea to step up orders from other suppliers, tightening LNG supply to all destinations.

- Date: 2026-03-03 · published 2026-03-03T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude high
- Page: https://feedsoft.ai/events/20367-europe-s-skimpy-gas-storage-under-scrutiny-as-qatar-halts-lng-flows-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Competition for non-Qatari LNG cargoes lifts global gas prices and raises costs for Europe's storage refilling and for Asian gas-fired power.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-12-14 | [Europe facing record low gas storage by winter's end](https://feedsoft.ai/events/43785-europe-facing-record-low-gas-storage-by-winter-s-end.md) | -1.2% | +7.3% |
| NATGAS | 2021-10-01 | [European gas prices hit all-time highs as Russian flows slump \| Reuters](https://feedsoft.ai/events/44762-european-gas-prices-hit-all-time-highs-as-russian-flows-slump-reuters.md) | -0.5% | +0.2% |
| NATGAS | 2026-03-03 | [European Gas Hits Three-Year High as Qatar LNG Halt Rocks Market - Bloomberg](https://feedsoft.ai/events/20368-european-gas-hits-three-year-high-as-qatar-lng-halt-rocks-market-bloomberg.md) | +7.0% | -3.1% |
| NATGAS | 2026-09-08 | [Europe's winter gas drama could leave deep scars \| Reuters](https://feedsoft.ai/events/17647-europe-s-winter-gas-drama-could-leave-deep-scars-reuters.md) | -2.5% | +2.2% |
| NATGAS | 2021-12-30 | [Hoping for cheaper gas to come, Europe reverses Russian link to tap storage](https://feedsoft.ai/events/43783-hoping-for-cheaper-gas-to-come-europe-reverses-russian-link-to-tap-storage.md) | +3.6% | +42.4% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/europes-skimpy-gas-storage-under-scrutiny-qatar-halts-lng-flows-2026-03-03/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.