# How U.S. LNG Plays Havoc with Dutch Gas and Asian Shipping

> Dutch month-ahead gas fell to 8.95 euros/MWh, the lowest since August 2009, and has dropped about two-thirds from its September peak. Cheniere's fixed-formula U.S. LNG costs about $5.61/mmBtu including liquefaction fees, versus $3.19 for Dutch gas. Europe still takes a large share of US LNG supply.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/58776-how-u-s-lng-plays-havoc-with-dutch-gas-and-asian-shipping
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Oversupplied European gas and uneconomic long-term US LNG contracts point to weaker gas prices and possible cargo redirection. The effect on feed commodities is indirect.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-03-12 | [Asia and LNG Are Disrupting Europe’s Natural Gas Price Model - Bloomberg](https://feedsoft.ai/events/48283-asia-and-lng-are-disrupting-europe-s-natural-gas-price-model-bloomberg.md) | -8.1% | -6.7% |
| NATGAS | 2024-04-24 | [Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan \| Reuters](https://feedsoft.ai/events/30918-pressure-on-gas-and-lng-prices-to-help-switch-from-coal-says-j-p-morgan-reuters.md) | +7.7% | +52.8% |
| NATGAS | 2016-11-30 | [OPEC Deal Is Bad News for U.S. Gas and Good News for LNG - Bloomberg](https://feedsoft.ai/events/74028-opec-deal-is-bad-news-for-u-s-gas-and-good-news-for-lng-bloomberg.md) | +16.7% | +17.9% |
| NATGAS | 2020-07-29 | [Expert Commentary - Update on Global Gas and LNG Prices in 2020: How has it Coped with Recent Market Dynamics? - Events-HH](https://feedsoft.ai/events/52290-expert-commentary-update-on-global-gas-and-lng-prices-in-2020-how-has-it-coped.md) | +17.4% | +38.5% |
| NATGAS | 2025-04-28 | [Supply Disruptions Not Enough to Lift Global Natural Gas Prices as Asian Demand Remains Weak — LNG Recap](https://feedsoft.ai/events/25298-supply-disruptions-not-enough-to-lift-global-natural-gas-prices-as-asian-demand.md) | +18.9% | +10.8% |

## Sources

- gcaptain.com: https://gcaptain.com/how-u-s-lng-plays-havoc-with-dutch-gas-and-asian-shipping/

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