# Supply Outages, Weather Forecasts Keep Global Natural Gas Prices Strong -- LNG Recap

> Global natural gas prices stayed strong as European and US benchmarks rebounded on colder forecasts and supply shortages. Dutch and British front-month contracts settled above $30/MMBtu while Henry Hub rose to $4.96/MMBtu. German delay in certifying Nord Stream 2 and new US sanctions on pipeline-linked entities pushed European prices higher.

- Date: 2021-11-23 · published 2021-11-23T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/44230-supply-outages-weather-forecasts-keep-global-natural-gas-prices-strong-lng-recap
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Strong European and US gas prices raise nitrogen fertilizer costs and energy input costs for feed producers. Sanctions and pipeline delays keep the global supply tight, supporting higher gas and fertilizer prices.

## Read by commodity

- UREA: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-12-30 | [Global Natural Gas Prices Mixed as Market Tracks Tightening Supplies — LNG Recap](https://feedsoft.ai/events/27150-global-natural-gas-prices-mixed-as-market-tracks-tightening-supplies-lng-recap.md) | +20.6% | +7.4% |
| 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 | 2022-07-29 | [European Natural Gas, Asian LNG Prices Soar on NS1 Supply Cuts](https://feedsoft.ai/events/40665-european-natural-gas-asian-lng-prices-soar-on-ns1-supply-cuts.md) | -2.1% | +11.7% |
| NATGAS | 2026-06-23 | [Natural gas: Heat and outages support prices – Commerzbank](https://feedsoft.ai/events/18986-natural-gas-heat-and-outages-support-prices-commerzbank.md) | +1.5% | -11.7% |
| 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% |
| UREA | 2026-06-23 | [Natural gas: Heat and outages support prices – Commerzbank](https://feedsoft.ai/events/18986-natural-gas-heat-and-outages-support-prices-commerzbank.md) | -2.1% | -1.4% |
| UREA | 2026-01-26 | [Fertilizer Prices Stay Elevated Despite Improving Global Supply](https://feedsoft.ai/events/20976-fertilizer-prices-stay-elevated-despite-improving-global-supply.md) | +1.6% | +12.9% |
| UREA | 2022-08-23 | [Fertiliser supply tightens as gas price rises further - Farmers Weekly](https://feedsoft.ai/events/5142-fertiliser-supply-tightens-as-gas-price-rises-further-farmers-weekly.md) | +20.2% | +13.7% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/supply-outages-weather-forecasts-keep-global-natural-gas-prices-strong-lng-recap/

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