# EIA Forecasts ‘Balanced’ Global LNG Market This Winter, Aided by More U.S. Exports

> The EIA's winter LNG outlook expects the global LNG market to stay balanced this winter if weather is normal, with US exporters acting as a balancing supply. Front-month prices in East Asia and Europe have fallen more than 50% year on year, averaging around $15 per MMBtu.

- Date: 2023-11-14 · published 2023-11-14T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/33346-eia-forecasts-balanced-global-lng-market-this-winter-aided-by-more-u-s-exports
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A balanced global LNG market with ample storage limits the risk of gas price spikes that would raise fertilizer and energy costs for feed producers.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-06-01 | [EIA explores effects of liquefied natural gas exports on the U.S. natural gas market](https://feedsoft.ai/events/36121-eia-explores-effects-of-liquefied-natural-gas-exports-on-the-u-s-natural-gas.md) | +2.1% | +16.7% |
| NATGAS | 2025-12-09 | [Global gas price paths diverge as LNG reshapes market balances](https://feedsoft.ai/events/21692-global-gas-price-paths-diverge-as-lng-reshapes-market-balances.md) | -21.7% | -34.5% |
| NATGAS | 2016-12-05 | [IEA study: Global LNG markets are less flexible than many think \| Oil & Gas Journal](https://feedsoft.ai/events/73639-iea-study-global-lng-markets-are-less-flexible-than-many-think-oil-and-gas.md) | +9.0% | +8.1% |
| NATGAS | 2017-10-23 | [Global LNG markets to remain oversupplied into 2020s despite strong demand](https://feedsoft.ai/events/68638-global-lng-markets-to-remain-oversupplied-into-2020s-despite-strong-demand.md) | -3.2% | +7.4% |
| NATGAS | 2021-04-15 | [Winter gas shocks show supply security should not be 'taken for granted': IEA \| S&P Global](https://feedsoft.ai/events/47781-winter-gas-shocks-show-supply-security-should-not-be-taken-for-granted-iea-s.md) | +2.7% | +11.6% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/eia-forecasts-balanced-global-lng-market-this-winter-aided-by-more-us-exports/

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