# US LNG developers try to ride out market turmoil with China's door shut | S&P Global

> US LNG developers say China has effectively stopped signing new long-term import contracts despite a January trade deal. Several projects may be delayed to 2021 or later because of weak prices, weaker demand and coronavirus trade restrictions.

- Date: 2020-03-10 · published 2020-03-10T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/54313-us-lng-developers-try-to-ride-out-market-turmoil-with-china-s-door-shut-s-and-p
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Stalled US export capacity and weak Chinese demand keep natural gas prices pressured, with limited near-term upside for gas-linked energy costs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-05-13 | [Factbox: US gas markets see minimal upside from rising global LNG prices \| S&P Global](https://feedsoft.ai/events/10445-factbox-us-gas-markets-see-minimal-upside-from-rising-global-lng-prices-s-and-p.md) | +10.6% | +5.1% |
| NATGAS | 2017-07-05 | [Qatari LNG development to extend LNG surplus into mid-2020s \| S&P Global](https://feedsoft.ai/events/70141-qatari-lng-development-to-extend-lng-surplus-into-mid-2020s-s-and-p-global.md) | +1.6% | -5.3% |
| NATGAS | 2019-12-27 | [European LNG Imports Hit Record Levels as Global Market Shifts](https://feedsoft.ai/events/55766-european-lng-imports-hit-record-levels-as-global-market-shifts.md) | -4.3% | -10.3% |
| NATGAS | 2018-09-19 | [Wood Mackenzie on China's new retaliatory tariff on US LNG](https://feedsoft.ai/events/63218-wood-mackenzie-on-china-s-new-retaliatory-tariff-on-us-lng.md) | +4.5% | +9.7% |
| NATGAS | 2020-06-22 | [Buyers of US LNG to cancel 40-45 cargoes for August loading - Markets - Business Recorder](https://feedsoft.ai/events/52799-buyers-of-us-lng-to-cancel-40-45-cargoes-for-august-loading-markets-business.md) | -7.6% | +6.2% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/031020-us-lng-developers-try-to-ride-out-market-turmoil-with-chinas-door-shut

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