# LNG market in ‘fragile equilibrium’ after disruptive two years but supply concerns remain | The National

> The International Gas Union describes the global LNG market as being in a fragile equilibrium after two years of turbulence. Global LNG trade grew 2.1% last year to over 401 million tonnes, and the US supplied the most. Rising demand from emerging economies is tightening supply in the short term.

- Date: 2024-06-26 · published 2024-06-26T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/29960-lng-market-in-fragile-equilibrium-after-disruptive-two-years-but-supply
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Limited spare LNG supply keeps global gas prices supported and exposed to shocks, which can raise fertilizer and energy costs for feed producers. Lower prices than in 2022 offer some relief.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-02-28 | [Natural gas markets remain tight as uncertainty persists around Chinese LNG demand and further supply cuts by Russia - IEA](https://feedsoft.ai/events/37513-natural-gas-markets-remain-tight-as-uncertainty-persists-around-chinese-lng.md) | -4.7% | -21.8% |
| NATGAS | 2026-03-12 | [World faces largest-ever oil supply disruption on Middle East war, IEA says \| Reuters](https://feedsoft.ai/events/9389-world-faces-largest-ever-oil-supply-disruption-on-middle-east-war-iea-says.md) | -2.7% | -14.3% |
| NATGAS | 2024-11-25 | [Global natural gas market may experience a tighter supply-demand balance this winter -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/27591-global-natural-gas-market-may-experience-a-tighter-supply-demand-balance-this.md) | +14.0% | +18.4% |
| NATGAS | 2024-02-08 | [China Demand, Panama Canal Constraints Forecast to Drive LNG Market Volatility in 2024](https://feedsoft.ai/events/31848-china-demand-panama-canal-constraints-forecast-to-drive-lng-market-volatility.md) | -20.2% | -13.8% |
| NATGAS | 2016-10-19 | [US natural gas prices surge amid supply fears \| Gas Processing & LNG](https://feedsoft.ai/events/10117-us-natural-gas-prices-surge-amid-supply-fears-gas-processing-and-lng.md) | -16.1% | -20.2% |

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/energy/2024/06/26/lng-market-in-fragile-equilibrium-after-disruptive-two-years-but-supply-concerns-remain/

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