# Signposts for the gas outlook - IEA

> The IEA commentary says China's gas demand grew 15% in 2017 and preliminary 2018 data show double-digit growth. China is on track to become the world's largest gas importer. The IEA projects China's LNG demand to quadruple by 2040.

- Date: 2019-02-06 · published 2019-02-06T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/60784-signposts-for-the-gas-outlook-iea
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Rising Chinese LNG demand is a structural support for global gas prices and competes for cargoes with other importers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-10-16 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/62749-eia-short-term-energy-outlook-fuels-market-news.md) | -2.5% | +19.1% |
| NATGAS | 2021-10-21 | [Commodity Markets Outlook October 2021](https://feedsoft.ai/events/11753-commodity-markets-outlook-october-2021.md) | +20.7% | -4.0% |
| NATGAS | 2020-10-20 | [Here's Why Natural Gas Is on the Verge of Breaking Above $3](https://feedsoft.ai/events/7683-here-s-why-natural-gas-is-on-the-verge-of-breaking-above-3.md) | +21.5% | +4.8% |
| NATGAS | 2024-04-29 | [LNG short-term outlook: April 2024 Report \| Wood Mackenzie](https://feedsoft.ai/events/9868-lng-short-term-outlook-april-2024-report-wood-mackenzie.md) | +25.8% | +57.3% |
| NATGAS | 2016-11-09 | [US natural gas output set for first decline since 2005 and LNG will add to Henry Hub price rises](https://feedsoft.ai/events/74030-us-natural-gas-output-set-for-first-decline-since-2005-and-lng-will-add-to.md) | +4.6% | +48.7% |

## Sources

- iea.org: https://www.iea.org/commentaries/signposts-for-the-gas-outlook

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