# European Natural Gas, Asian LNG Prices Soar on NS1 Supply Cuts

> Russia cut gas flows through the Nord Stream 1 pipeline to Germany to about 20% of capacity, and the ICIS TTF benchmark rose about 30% over seven days. Asian LNG prices also climbed as buyers competed for cargoes.

- Date: 2022-07-29 · published 2022-07-29T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude high
- Page: https://feedsoft.ai/events/40665-european-natural-gas-asian-lng-prices-soar-on-ns1-supply-cuts
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Sharp European and Asian gas price increases raise nitrogen fertilizer and energy costs for feed producers and support global gas prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-03-03 | [Natural gas, LNG prices soar on Middle East supply fears](https://feedsoft.ai/events/20365-natural-gas-lng-prices-soar-on-middle-east-supply-fears.md) | +7.0% | -3.1% |
| NATGAS | 2024-06-03 | [Nat-Gas Prices Soar as an Outage Cuts Norwegian Gas Supplies](https://feedsoft.ai/events/7806-nat-gas-prices-soar-as-an-outage-cuts-norwegian-gas-supplies.md) | +24.9% | +9.1% |
| NATGAS | 2026-09-09 | [European Natural Gas Prices Surge as Middle East Attacks Choke LNG Shipments - WSJ](https://feedsoft.ai/events/17648-european-natural-gas-prices-surge-as-middle-east-attacks-choke-lng-shipments-wsj.md) | +1.3% | +5.6% |
| NATGAS | 2023-10-30 | [European Natural Gas Prices Gain as Egypt Says Pipeline Imports Stop – LNG Recap](https://feedsoft.ai/events/33804-european-natural-gas-prices-gain-as-egypt-says-pipeline-imports-stop-lng-recap.md) | +1.4% | -13.0% |
| NATGAS | 2024-11-23 | [Europe energy crisis: natural gas prices jump as Russia cut looms \| Fortune](https://feedsoft.ai/events/27595-europe-energy-crisis-natural-gas-prices-jump-as-russia-cut-looms-fortune.md) | +14.0% | +18.4% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/european-natural-gas-asian-lng-prices-soar-on-ns1-supply-cuts/

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