# LNG prices to stay elevated as Russia-Ukraine war bites: Woodside CEO | S&P Global

> Woodside Energy's CEO says LNG prices will stay elevated because the market is structurally tight and Russia's invasion of Ukraine has pushed buyers away from Russian supply. Europe and Asia are refilling storage ahead of winter, and new supply is limited. Forward curves reflect elevated prices for the next year or more.

- Date: 2022-05-25 · published 2022-05-25T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/41575-lng-prices-to-stay-elevated-as-russia-ukraine-war-bites-woodside-ceo-s-and-p
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Sustained high LNG prices support global gas and nitrogen fertilizer costs, keeping feed input costs firm.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-10-04 | [How the Russia-Ukraine War Fueled Record Fertilizer Prices](https://feedsoft.ai/events/39051-how-the-russia-ukraine-war-fueled-record-fertilizer-prices.md) | +5.0% | -6.5% |
| NATGAS | 2022-02-24 | [European gas prices soar and oil tops $105 after Russia attacks Ukraine](https://feedsoft.ai/events/42882-european-gas-prices-soar-and-oil-tops-105-after-russia-attacks-ukraine.md) | +2.2% | +13.9% |
| NATGAS | 2021-04-13 | [Factbox: Russian escalation in Ukraine yet to faze commodity markets \| S&P Global](https://feedsoft.ai/events/47477-factbox-russian-escalation-in-ukraine-yet-to-faze-commodity-markets-s-and-p.md) | +8.7% | +15.8% |
| NATGAS | 2025-08-25 | [Global Natural Gas Prices Rebound as Market Dismisses Ukraine Peace Prospects — LNG Recap](https://feedsoft.ai/events/23525-global-natural-gas-prices-rebound-as-market-dismisses-ukraine-peace-prospects.md) | +7.7% | +4.5% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/052522-lng-prices-to-stay-elevated-as-russia-ukraine-war-bites-woodside-ceo

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