# The Global LNG Market Is Reacting To Higher Natural Gas Prices In Europe | OilPrice.com

> European natural gas prices climbed over the past two weeks because of outages and maintenance at Norwegian processing plants, with the TTF front-month contract trading at about 38.57 euros per MWh. Rystad Energy says the European price rise is now lifting Asian spot LNG prices. Warmer weather ahead is expected to lift demand further.

- Date: 2023-06-21 · published 2023-06-21T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/35689-the-global-lng-market-is-reacting-to-higher-natural-gas-prices-in-europe
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

European price strength pulls LNG cargoes toward Europe and raises Asian spot LNG costs. Higher global LNG prices support gas-linked energy prices across markets.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- oilprice.com: https://oilprice.com/Energy/Energy-General/The-Global-LNG-Market-Is-Reacting-To-Higher-Natural-Gas-Prices-In-Europe.html

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