# America's Gas Is Hot in Shanghai. The Price, Not So Much - Bloomberg

> US gas companies announced deals at the LNG2019 conference in Shanghai to sell a combined 4.5 million tons per year of LNG from proposed multi-billion dollar projects. Nearly all of the volume was sold without a link to the Henry Hub benchmark.

- Date: 2019-04-03 · published 2019-04-03T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/59776-america-s-gas-is-hot-in-shanghai-the-price-not-so-much-bloomberg
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Long-term US LNG export contracts expand the market for American gas and build new export capacity, but deals priced away from Henry Hub weaken its role as a benchmark. The effect on feed-ingredient prices is indirect.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-12-02 | [US LNG exports to Europe surge in November on higher prices](https://feedsoft.ai/events/27146-us-lng-exports-to-europe-surge-in-november-on-higher-prices.md) | -12.6% | +8.2% |
| NATGAS | 2024-05-01 | [COMMENTARY: Asia takes LNG that Europe doesn't need as spot price stays muted](https://feedsoft.ai/events/30923-commentary-asia-takes-lng-that-europe-doesn-t-need-as-spot-price-stays-muted.md) | +13.4% | +28.1% |
| NATGAS | 2017-05-12 | [Trapped Canadian natural gas producers find a way to reach LNG markets – via the U.S. - Financial Post](https://feedsoft.ai/events/71207-trapped-canadian-natural-gas-producers-find-a-way-to-reach-lng-markets-via-the.md) | -4.4% | -9.0% |
| NATGAS | 2025-10-27 | [Rising U.S. Exports Keeping a Lid on Global Natural Gas Prices — LNG Recap](https://feedsoft.ai/events/22582-rising-u-s-exports-keeping-a-lid-on-global-natural-gas-prices-lng-recap.md) | +17.8% | +33.5% |
| NATGAS | 2022-07-24 | [Global Factors at Play in the Nitrogen Market \| Red River Farm Network](https://feedsoft.ai/events/40805-global-factors-at-play-in-the-nitrogen-market-red-river-farm-network.md) | +0.1% | +11.6% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-04-03/american-gas-is-hot-in-shanghai-american-prices-not-so-much

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