# Strikes in France Push European Natural Gas Prices Higher, but Demand Seen Weakening – LNG Recap

> European natural gas prices rose as strikes at French LNG import terminals over pension reform disrupted operations and colder forecasts lifted demand. The May TTF contract finished just below $13.50/MMBtu on March 27.

- Date: 2023-03-27 · published 2023-03-27T12:00:00.000Z
- Category: logistics · region Europe · magnitude low
- Page: https://feedsoft.ai/events/37029-strikes-in-france-push-european-natural-gas-prices-higher-but-demand-seen
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher European energy costs raise fertilizer and processing expenses, though the strike impact on gas is limited by spare LNG import capacity.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-09-25 | [European Natural Gas Prices Rally on Extended Norwegian Supply Outages – LNG Recap](https://feedsoft.ai/events/34286-european-natural-gas-prices-rally-on-extended-norwegian-supply-outages-lng-recap.md) | +6.4% | +4.3% |
| NATGAS | 2023-08-21 | [European gas prices rise on growing prospect of Australian LNG strike](https://feedsoft.ai/events/34750-european-gas-prices-rise-on-growing-prospect-of-australian-lng-strike.md) | +0.2% | +5.5% |
| NATGAS | 2019-09-23 | [HSC Natural Gas Prices to Rise Amid Disconnect Between Surging Supply, Demand](https://feedsoft.ai/events/57256-hsc-natural-gas-prices-to-rise-amid-disconnect-between-surging-supply-demand.md) | -1.2% | -9.8% |
| NATGAS | 2024-04-25 | [Hammerfest, Freeport Outages Send Global Natural Gas Prices Higher – Three Things to Know About the LNG Market](https://feedsoft.ai/events/9864-hammerfest-freeport-outages-send-global-natural-gas-prices-higher-three-things.md) | +9.1% | +64.2% |
| NATGAS | 2024-06-03 | [Norway outage pushes European gas prices to highest this year](https://feedsoft.ai/events/7809-norway-outage-pushes-european-gas-prices-to-highest-this-year.md) | +24.9% | +9.1% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/strikes-in-france-push-european-natural-gas-prices-higher-but-demand-seen-weakening-lng-recap/

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