# Russian Invasion Puts Rocket Under Spot Prices | Energy Intelligence

> Northeast Asian spot LNG rose $6 to $34/MMBtu following Russia's invasion of Ukraine, according to World Gas Intelligence. Southwest Europe spot jumped $8.70 to $31.70, and the UK NBP day-ahead rose $7.33 to $30.73.

- Date: 2022-03-01 · published 2022-03-01T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42453-russian-invasion-puts-rocket-under-spot-prices-energy-intelligence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A sharp jump in spot LNG across regions signals a global energy shock that raises gas-based production costs and tightens the outlook for energy-intensive feed ingredients.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-08-26 | [Mid-Distillates Face Constraints From Costly Gas and EU Sanctions  \| Energy Intelligence](https://feedsoft.ai/events/40239-mid-distillates-face-constraints-from-costly-gas-and-eu-sanctions-energy.md) | -1.1% | -27.9% |
| 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 | 2021-11-03 | [Explainer: Why Russian exports hold sway over European and British gas prices](https://feedsoft.ai/events/44229-explainer-why-russian-exports-hold-sway-over-european-and-british-gas-prices.md) | -7.5% | -21.2% |
| 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 | 2022-07-29 | [Russia gas cuts stoke Asia’s energy security fears \| Energy \| Al Jazeera](https://feedsoft.ai/events/40670-russia-gas-cuts-stoke-asia-s-energy-security-fears-energy-al-jazeera.md) | -2.1% | +11.7% |

## Sources

- energyintel.com: https://www.energyintel.com/0000017f-4542-d78a-af7f-e7d698780000

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