# How coronavirus will alter natural gas markets

> A CSIS analysis says the coronavirus will reshape global natural gas markets already in transition. Demand is expected to fall, with prices depressed and no major supplier clearly willing to cut output first. Illness risks may also slow LNG and petrochemical projects, and fewer investments are expected in 2020.

- Date: 2020-03-26 · published 2020-03-26T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/54311-how-coronavirus-will-alter-natural-gas-markets
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weaker gas demand and depressed prices lower the cost of natural gas used in fertilizer and processing, while the oil slump adds downward pressure on energy-linked feed costs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-05-14 | [How Will Natural Gas Navigate The Post-Coronavirus World?](https://feedsoft.ai/events/10441-how-will-natural-gas-navigate-the-post-coronavirus-world.md) | +13.4% | +12.8% |
| NATGAS | 2020-05-12 | [U.S. natgas futures slide as mild weather and coronavirus cuts demand \| Financial Post](https://feedsoft.ai/events/10439-u-s-natgas-futures-slide-as-mild-weather-and-coronavirus-cuts-demand-financial.md) | +0.8% | -2.2% |
| NATGAS | 2020-04-02 | [Feature: Unfettered global natural gas market a sign of the times](https://feedsoft.ai/events/53828-feature-unfettered-global-natural-gas-market-a-sign-of-the-times.md) | +11.2% | +8.8% |
| NATGAS | 2019-05-07 | [Natural gas and coal: Plunging prices](https://feedsoft.ai/events/59268-natural-gas-and-coal-plunging-prices.md) | +5.3% | -3.9% |
| NATGAS | 2020-06-16 | [Price Convergence of Global Gas Markets](https://feedsoft.ai/events/52797-price-convergence-of-global-gas-markets.md) | -0.1% | +5.4% |

## Sources

- axios.com: https://www.axios.com/2020/03/26/coronavirus-global-gas-markets

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