# Natural Gas Set To Fall Even Further | OilPrice.com

> A Chinese government researcher said China's gas demand will slow over the next five years, especially for LNG. The Power of Siberia pipeline launched, with a planned 38 billion cubic meters a year to China by 2024. Henry Hub prices had hit their lowest level since 2013 at year end.

- Date: 2019-12-05 · published 2019-12-05T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/55768-natural-gas-set-to-fall-even-further-oilprice-com
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Slowing Chinese gas imports and new pipeline supply reduce demand for LNG, adding downward pressure on global gas prices. Cheaper energy supports lower input costs for feed production.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2019-08-04 | [Focus on Fracking: oil prices see largest one-day loss in 53 months; natural gas prices fall to 38 month low; oil supplies lowest in 38 weeks](https://feedsoft.ai/events/7908-focus-on-fracking-oil-prices-see-largest-one-day-loss-in-53-months-natural-gas.md) | -0.8% | +8.8% |
| NATGAS | 2017-01-31 | [Trump’s Mexico Feud May Send Natural Gas to $2 If Exports End - Bloomberg](https://feedsoft.ai/events/73139-trump-s-mexico-feud-may-send-natural-gas-to-2-if-exports-end-bloomberg.md) | -7.5% | -20.5% |
| NATGAS | 2020-07-21 | [Weak Demand Forces Buyers To Cancel U.S. LNG Cargoes \| OilPrice.com](https://feedsoft.ai/events/52292-weak-demand-forces-buyers-to-cancel-u-s-lng-cargoes-oilprice-com.md) | +6.9% | +39.1% |
| NATGAS | 2022-06-14 | [U.S. efforts to help supply Europe with natural gas take a hit.](https://feedsoft.ai/events/6802-u-s-efforts-to-help-supply-europe-with-natural-gas-take-a-hit.md) | -23.8% | -24.1% |
| NATGAS | 2024-10-24 | [Natural Gas Price Relief Prospects Shrinking as LNG Startups Delayed](https://feedsoft.ai/events/28056-natural-gas-price-relief-prospects-shrinking-as-lng-startups-delayed.md) | +13.9% | +29.0% |

## Sources

- oilprice.com: https://oilprice.com/Energy/Natural-Gas/Natural-Gas-Set-To-Fall-Even-Further.html

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