◂ Event Timeline

Jan 22, 2025LOGISTICSUS

Freeport LNG Restart Hopes, Cooler Forecasts Boost Natural Gas Futures

Natural gas futures rose midday as traders anticipated a restart of the Freeport LNG terminal in Texas, which went offline after power interruptions. Colder forecasts for the following weeks also supported prices.

WHY IT MATTERS

A restart of Freeport would return about 2 Bcf/d of feedgas demand, supporting natural gas prices and the cost of energy used in feed production.

AFFECTSNatural Gas▲

SOURCE
naturalgasintel.comChris NewmanJan 22, 2025

Price reaction & history

Natural Gas▲bullishSO FAR1d -3.2%5d -15.5%20d +36.1%

After 54 past bullish logistics events, Natural Gas moved a median -1.8% over 5 sessions (43% higher; middle half -5.7% to +6.2%), and +5.1% over 20.

Apr 29, 2024Natural Gas Futures Rallying as Freeport Volumes Return — MidDay Market Snapshot+25.8%
Apr 25, 2024Hammerfest, Freeport Outages Send Global Natural Gas Prices Higher – Three Things to Know About the LNG Market+9.1%
Jun 27, 2023Norwegian Outages Test European Natural Gas Market, Renew Supply Concerns-4.1%
Apr 29, 2024Natural Gas Futures Rally Above $2 on LNG Rebound, Supply Slowdown; Cash Jumps+25.8%
Oct 28, 2016U.S. gas futures for 2017 lead market as funds bet on pipeline delay-5.8%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Natural Gas NATGAS · GP ▸

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