# global gas market | European Gas Hub

> The IEA's Global Gas Security Review projects global gas demand falling a record 120 bcm in 2020, with a rebound to pre-COVID levels expected in 2021. LNG contracting halved in 2020 to its lowest since 2009, and oil-indexed LNG share is expected to decline.

- Date: 2020-10-12 · published 2020-10-12T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/50810-global-gas-market-european-gas-hub
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A sharp 2020 gas demand fall weighs on energy prices, while expected 2021 recovery supports gas and LNG demand. Changes in LNG contracting and pricing affect the energy cost base for fertilizer and feed producers.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-12-09 | [Global gas price paths diverge as LNG reshapes market balances](https://feedsoft.ai/events/21692-global-gas-price-paths-diverge-as-lng-reshapes-market-balances.md) | -21.7% | -34.5% |
| NATGAS | 2022-02-04 | [Daily Natural Gas Market Update 2-4-22](https://feedsoft.ai/events/8461-daily-natural-gas-market-update-2-4-22.md) | -25.2% | -8.7% |
| NATGAS | 2016-12-05 | [IEA study: Global LNG markets are less flexible than many think \| Oil & Gas Journal](https://feedsoft.ai/events/73639-iea-study-global-lng-markets-are-less-flexible-than-many-think-oil-and-gas.md) | +9.0% | +8.1% |
| NATGAS | 2017-07-12 | [IEA sees global gas demand rising to 2022 as US drives market transformation - IEA](https://feedsoft.ai/events/70138-iea-sees-global-gas-demand-rising-to-2022-as-us-drives-market-transformation-iea.md) | +2.8% | -6.5% |
| NATGAS | 2026-06-04 | [Natural gas market: LNG trade disruptions and market rebalancing](https://feedsoft.ai/events/18988-natural-gas-market-lng-trade-disruptions-and-market-rebalancing.md) | +4.5% | +5.7% |

## Sources

- europeangashub.com: https://europeangashub.com/global-gas-review-key-messages/

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