# China’s Gas Prices Surge to Record as World Grapples with Shortage

> China's domestic liquefied natural gas price rose to a record 8,114 yuan per ton on frigid temperatures, having rallied nearly 80% in the past month. Beijing temperatures were below seasonal average from February 12 to 22 and were forecast to stay cold.

- Date: 2022-03-01 · published 2022-03-01T12:00:00.000Z
- Category: weather · region China · magnitude medium
- Page: https://feedsoft.ai/events/42883-china-s-gas-prices-surge-to-record-as-world-grapples-with-shortage
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Chinese importers may buy more spot cargoes to meet heating demand, tightening global LNG supply and supporting gas prices that feed into energy costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-04-17 | [Nat-Gas Prices Surge on Cold U.S. Temps and Record LNG Exports](https://feedsoft.ai/events/36595-nat-gas-prices-surge-on-cold-u-s-temps-and-record-lng-exports.md) | +11.5% | +6.5% |
| NATGAS | 2018-01-09 | [Arctic blast sends natural gas prices to new record in North Carolina](https://feedsoft.ai/events/5984-arctic-blast-sends-natural-gas-prices-to-new-record-in-north-carolina.md) | +44.4% | -3.8% |
| NATGAS | 2025-02-23 | [US natural gas prices surge as La Niña replaces El Niño – Chemicals and the Economy](https://feedsoft.ai/events/26221-us-natural-gas-prices-surge-as-la-nina-replaces-el-nino-chemicals-and-the.md) | -10.6% | -8.7% |
| NATGAS | 2025-12-01 | [U.S. natural gas prices surge 4% to 35-month high in cold snap \| Gas Processing & LNG](https://feedsoft.ai/events/21695-u-s-natural-gas-prices-surge-4-to-35-month-high-in-cold-snap-gas-processing-and.md) | +11.0% | -4.3% |
| NATGAS | 2021-06-25 | [Natural Gas Prices Surge to Two-Year High, with July Futures Up Four Straight Days](https://feedsoft.ai/events/46763-natural-gas-prices-surge-to-two-year-high-with-july-futures-up-four-straight.md) | +10.5% | +21.6% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-02-23/china-s-gas-prices-surge-to-record-as-cold-drains-stockpiles

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