# Goldman warns of likely Asia LNG price rise on European supply crunch | Reuters

> A Goldman Sachs analyst warned that Asian LNG prices could rise above $20 per mmBtu if European gas supply tightens this winter. The warning was made in Singapore on November 27.

- Date: 2024-11-27 · published 2024-11-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/27592-goldman-warns-of-likely-asia-lng-price-rise-on-european-supply-crunch-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher Asian LNG prices would strengthen the global gas price floor and support energy and fertilizer costs. The effect on feed commodities would be indirect.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-10-08 | [Asia LNG price soars on China power crunch, European demand](https://feedsoft.ai/events/44764-asia-lng-price-soars-on-china-power-crunch-european-demand.md) | +1.9% | +0.5% |
| NATGAS | 2023-09-29 | [GLOBAL LNG-Asia spot prices hit 7-month high on rising demand, Europe supply worries](https://feedsoft.ai/events/34284-global-lng-asia-spot-prices-hit-7-month-high-on-rising-demand-europe-supply.md) | +7.0% | +6.9% |
| NATGAS | 2021-10-05 | [Gas price surges to a record high in Europe on supply concerns](https://feedsoft.ai/events/44766-gas-price-surges-to-a-record-high-in-europe-on-supply-concerns.md) | -6.6% | -10.0% |
| NATGAS | 2023-09-20 | [Years of limited gas supply spell price spikes, Equinor says \| Reuters](https://feedsoft.ai/events/34285-years-of-limited-gas-supply-spell-price-spikes-equinor-says-reuters.md) | -1.7% | +13.7% |
| NATGAS | 2026-05-15 | [Asia LNG demand rebound lifts upside risks to Europe gas prices, Goldman Sachs says - The Economic Times](https://feedsoft.ai/events/19440-asia-lng-demand-rebound-lifts-upside-risks-to-europe-gas-prices-goldman-sachs.md) | +8.3% | +8.7% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/asia-lng-prices-could-rise-if-european-gas-supply-tightens-this-winter-says-2024-11-27/

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