# Oxford Energy Podcast - Asia LNG Price Spike: Perfect Storm or Structural Failure? - Oxford Institute for Energy Studies

> An Oxford Institute for Energy Studies podcast examines the January spike in spot Asian LNG above $30/MMBtu. The discussion attributes the spike to cold Northeast Asian weather, supply outages at export plants, tight tanker capacity, and Asia's lack of gas storage and fragmented pipeline network.

- Date: 2021-02-25 · published 2021-02-25T12:00:00.000Z
- Category: weather · region Asia · magnitude low
- Page: https://feedsoft.ai/events/48841-oxford-energy-podcast-asia-lng-price-spike-perfect-storm-or-structural-failure
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The analysis explains why Asian gas shortages can pull LNG cargoes away from other regions, which affects global gas price benchmarks that influence energy and fertilizer costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-12-09 | [Perfect Storm Fuels Massive Natural Gas Price Spikes on West Coast; Northern California Hits $55/MMBtu](https://feedsoft.ai/events/11512-perfect-storm-fuels-massive-natural-gas-price-spikes-on-west-coast-northern.md) | +28.8% | -29.3% |
| NATGAS | 2019-01-14 | [Natural gas prices spike 13 percent on forecasts for long, severe cold](https://feedsoft.ai/events/9209-natural-gas-prices-spike-13-percent-on-forecasts-for-long-severe-cold.md) | +14.3% | -10.7% |
| NATGAS | 2026-01-23 | [US energy sector braces for winter storm as crude and natural gas output fall \| Reuters](https://feedsoft.ai/events/4761-us-energy-sector-braces-for-winter-storm-as-crude-and-natural-gas-output-fall.md) | -2.8% | -52.5% |
| NATGAS | 2026-02-01 | [US Natgas Prices Climb as Winter Storm Batters US Northeast, LNG Export Flows Near Record - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/20796-us-natgas-prices-climb-as-winter-storm-batters-us-northeast-lng-export-flows.md) | -30.8% | -46.8% |
| NATGAS | 2019-04-03 | [Pacific Northwest sees highest daily natural gas spot prices in the U.S. since 2014 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/59775-pacific-northwest-sees-highest-daily-natural-gas-spot-prices-in-the-u-s-since.md) | -0.6% | -4.3% |

## Sources

- oxfordenergy.org: https://www.oxfordenergy.org/publications/oxford-energy-podcast-asia-lng-price-spike-perfect-storm-or-structural-failure/

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