# The LNG sector is breaking taboos to stay competitive | S&P Global

> An S&P Global insight blog argues that the LNG industry is dropping long-standing practices such as destination clauses, long-term contracts and oil indexation in favor of a more fundamentals-driven market. It says LNG must price competitively with coal and batteries to win power-sector demand.

- Date: 2019-06-27 · published 2019-06-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/58781-the-lng-sector-is-breaking-taboos-to-stay-competitive-s-and-p-global
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Changing LNG contract structures affect gas pricing over the long term but have no direct near-term price effect on feed commodities.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-04-02 | [Global gas glut is set to reach multi-decade highs in the coming years](https://feedsoft.ai/events/30917-global-gas-glut-is-set-to-reach-multi-decade-highs-in-the-coming-years.md) | +2.9% | +2.2% |
| NATGAS | 2024-04-26 | [Equinor Expects Asia, LNG Competition to Drive European Natural Gas Prices](https://feedsoft.ai/events/30924-equinor-expects-asia-lng-competition-to-drive-european-natural-gas-prices.md) | +18.9% | +71.3% |
| NATGAS | 2024-09-20 | [What’s next for the global gas and LNG market?](https://feedsoft.ai/events/28495-what-s-next-for-the-global-gas-and-lng-market.md) | +13.9% | -1.1% |
| NATGAS | 2020-04-16 | [From the chaos of the coronavirus pandemic can come a new order for LNG markets \| S&P Global](https://feedsoft.ai/events/53826-from-the-chaos-of-the-coronavirus-pandemic-can-come-a-new-order-for-lng-markets.md) | +17.1% | -3.1% |
| NATGAS | 2017-03-30 | [The reshaping of the global LNG market](https://feedsoft.ai/events/72170-the-reshaping-of-the-global-lng-market.md) | +4.6% | -0.0% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/blog/lng/062719-the-lng-sector-is-breaking-taboos-to-stay-competitive

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