# LNG selling interest paused as sellers await bids from competitive demand hubs | S&P Global

> Sellers in the global LNG market are holding back cargoes while they wait for stronger buying interest from Latin America and Egypt. European buyers have been bidding up to attract cargoes away from Asia to refill storage.

- Date: 2024-04-25 · published 2024-04-25T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/30919-lng-selling-interest-paused-as-sellers-await-bids-from-competitive-demand-hubs
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Reduced selling and trading activity signals a balance between tight European demand and waiting sellers, so near-term gas price direction is unclear.

## Read by commodity

- NATGAS: neutral

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/lng/042524-lng-selling-interest-paused-as-sellers-await-bids-from-competitive-demand-hubs

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