# Natural gas markets remain tight as uncertainty persists around Chinese LNG demand and further supply cuts by Russia - IEA

> The IEA's Gas Market Report says European gas demand fell by a record amount in 2022, with global consumption down an estimated 1.6%. Global demand is forecast to be broadly flat in 2023, but the outlook depends heavily on Russia's future supply actions and energy price swings.

- Date: 2023-02-28 · published 2023-02-28T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/37513-natural-gas-markets-remain-tight-as-uncertainty-persists-around-chinese-lng
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Flat demand with tight supply keeps natural gas prices elevated, which raises nitrogen fertilizer costs and feeds into the cost of producing feed grains.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-06-26 | [LNG market in ‘fragile equilibrium’ after disruptive two years but supply concerns remain \| The National](https://feedsoft.ai/events/29960-lng-market-in-fragile-equilibrium-after-disruptive-two-years-but-supply.md) | -16.5% | -23.3% |
| NATGAS | 2020-09-25 | [US natural gas futures jump on rising LNG exports - Markets - Business Recorder](https://feedsoft.ai/events/51301-us-natural-gas-futures-jump-on-rising-lng-exports-markets-business-recorder.md) | -3.5% | +44.0% |
| NATGAS | 2021-10-01 | [Statement on recent developments in natural gas and electricity markets](https://feedsoft.ai/events/45221-statement-on-recent-developments-in-natural-gas-and-electricity-markets.md) | -0.5% | +0.2% |
| NATGAS | 2021-04-18 | [Natural Gas Prices, Demand Likely to Stay Resilient in Low-Carbon World, Analysts Find](https://feedsoft.ai/events/47785-natural-gas-prices-demand-likely-to-stay-resilient-in-low-carbon-world-analysts.md) | +4.0% | +11.3% |

## Sources

- iea.org: https://www.iea.org/news/natural-gas-markets-remain-tight-as-uncertainty-persists-around-chinese-lng-demand-and-further-supply-cuts-by-russia

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