# Global LNG Production Shut-Ins Seen Imminent as Prices Continue Falling

> NGI reports that LNG production shut-ins look practically certain in several countries as global prices fall by double digits. US cargoes have already been cancelled as the price spread with Asia and Europe narrows.

- Date: 2020-04-17 · published 2020-04-17T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/53825-global-lng-production-shut-ins-seen-imminent-as-prices-continue-falling
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expected LNG supply curtailments could eventually tighten gas supply, but for now falling prices and cancelled cargoes point to weaker gas pricing.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/global-lng-production-shut-ins-seen-imminent-as-prices-continue-falling/

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