# Natural gas demand from US LNG export plants heads for first decline in 8 years | Reuters

> US natural gas demand from LNG export plants is heading for its first annual decline in eight years. The US is the largest LNG exporter and a key supplier to Europe. European prices remain relatively high as expected US output growth has not materialized.

- Date: 2024-12-20 · published 2024-12-20T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/27139-natural-gas-demand-from-us-lng-export-plants-heads-for-first-decline-in-8-years
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weaker LNG feedgas demand reduces pull on US gas supply, which is bearish for domestic gas prices and eases pressure on nitrogen fertilizer costs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-10-02 | [US LNG exports slump in September as plant outages pare output \| Reuters](https://feedsoft.ai/events/33805-us-lng-exports-slump-in-september-as-plant-outages-pare-output-reuters.md) | +18.5% | +14.3% |
| NATGAS | 2024-10-24 | [Natural Gas Price Relief Prospects Shrinking as LNG Startups Delayed](https://feedsoft.ai/events/28056-natural-gas-price-relief-prospects-shrinking-as-lng-startups-delayed.md) | +13.9% | +29.0% |
| NATGAS | 2017-01-31 | [Trump’s Mexico Feud May Send Natural Gas to $2 If Exports End - Bloomberg](https://feedsoft.ai/events/73139-trump-s-mexico-feud-may-send-natural-gas-to-2-if-exports-end-bloomberg.md) | -7.5% | -20.5% |
| NATGAS | 2019-08-04 | [Focus on Fracking: oil prices see largest one-day loss in 53 months; natural gas prices fall to 38 month low; oil supplies lowest in 38 weeks](https://feedsoft.ai/events/7908-focus-on-fracking-oil-prices-see-largest-one-day-loss-in-53-months-natural-gas.md) | -0.8% | +8.8% |
| NATGAS | 2022-06-14 | [U.S. efforts to help supply Europe with natural gas take a hit.](https://feedsoft.ai/events/6802-u-s-efforts-to-help-supply-europe-with-natural-gas-take-a-hit.md) | -23.8% | -24.1% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/natural-gas-demand-us-lng-export-plants-heads-first-decline-8-years-2024-12-20/

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