# LNG supply glut, price slump should raise questions over future projects: Russell - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> Asian spot LNG prices fell to $4.65/mmBtu in the week to March 21, the lowest since May 2016, reflecting excess supply rather than weak demand. Columnist Russell argues the slump should prompt questions over new LNG projects.

- Date: 2019-03-25 · published 2019-03-25T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/60259-lng-supply-glut-price-slump-should-raise-questions-over-future-projects-russell
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A supply glut keeps global gas prices depressed, which weakens the energy complex and fertilizer-linked costs, with a modest bearish read for natural gas.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-11-07 | [Column: LNG market in trifecta of change to prices, flows and seasonality - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/38858-column-lng-market-in-trifecta-of-change-to-prices-flows-and-seasonality-energy.md) | +5.0% | -4.9% |
| NATGAS | 2020-06-03 | [Natural gas prices could go negative on global oversupply](https://feedsoft.ai/events/52798-natural-gas-prices-could-go-negative-on-global-oversupply.md) | +2.8% | +4.8% |
| 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% |
| NATGAS | 2020-03-16 | [Oil crash closes gap to spot LNG – Energy Connections](https://feedsoft.ai/events/54316-oil-crash-closes-gap-to-spot-lng-energy-connections.md) | -11.8% | -6.0% |
| NATGAS | 2019-03-08 | [Herd behaviour may prompt fears of LNG over-supply](https://feedsoft.ai/events/60260-herd-behaviour-may-prompt-fears-of-lng-over-supply.md) | +0.7% | -8.0% |

## Sources

- energynow.com: https://energynow.com/2019/03/lng-supply-glut-price-slump-should-raise-questions-over-future-projects-russell/

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