# Russia gas cuts stoke Asia’s energy security fears | Energy | Al Jazeera

> Russia's Gazprom cut Nord Stream 1 supplies to Europe to 20% of capacity, citing turbine maintenance, while the EU called the move politically motivated. LNG prices in Europe jumped and North Asian spot prices hit their highest since March.

- Date: 2022-07-29 · published 2022-07-29T12:00:00.000Z
- Category: geopolitics · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/40670-russia-gas-cuts-stoke-asia-s-energy-security-fears-energy-al-jazeera
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Asian utilities competing with Europe for scarce LNG cargoes push up regional gas prices and raise energy costs for feed and fertilizer producers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| NATGAS | 2026-03-02 | [Why QatarEnergy’s LNG production halt could shake up global gas markets \| Explainer News \| Al Jazeera](https://feedsoft.ai/events/20369-why-qatarenergy-s-lng-production-halt-could-shake-up-global-gas-markets.md) | +7.5% | +4.0% |
| NATGAS | 2022-04-27 | [Euro slides to five-year low on Russian energy supply, slowdown fears](https://feedsoft.ai/events/8287-euro-slides-to-five-year-low-on-russian-energy-supply-slowdown-fears.md) | +14.9% | +28.6% |
| NATGAS | 2022-12-13 | [How the Russia-Ukraine war accelerated a global energy crisis \| Reuters](https://feedsoft.ai/events/11513-how-the-russia-ukraine-war-accelerated-a-global-energy-crisis-reuters.md) | -10.4% | -46.9% |
| NATGAS | 2019-06-10 | [Russia May Be Testing U.S. Gas Nerve With Europe Push, Citi Says - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/58780-russia-may-be-testing-u-s-gas-nerve-with-europe-push-citi-says-energy-news-top.md) | -0.2% | +0.6% |

## Sources

- 1-e8259.azureedge.net: https://1-e8259.azureedge.net/economy/2022/7/29/russias-gas-cuts-throw-fuel-on-asias-energy-security-fears

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