# LNG Remains In Tight Supply In This Key Market | OilPrice.com

> PetroChina has started cutting natural gas deliveries to some industrial clients and raising prices for large buyers, according to Reuters sources. The move follows December shortages in northern China and aims to limit the risk of new shortages this winter.

- Date: 2018-05-18 · published 2018-05-18T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/65194-lng-remains-in-tight-supply-in-this-key-market-oilprice-com
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Chinese gas rationing and higher prices point to strong Asian gas demand and tight LNG supply, which supports LNG and gas prices. Higher energy costs could also raise fertilizer and processing costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-12-01 | [Urea Monthly Review: Supply Guarantee Policies Affect Market, Urea Prices Under Upward Pressure](https://feedsoft.ai/events/10280-urea-monthly-review-supply-guarantee-policies-affect-market-urea-prices-under.md) | -8.1% | -8.3% |
| NATGAS | 2017-12-19 | [Suppliers hitting the gas - Chinadaily.com.cn](https://feedsoft.ai/events/67650-suppliers-hitting-the-gas-chinadaily-com-cn.md) | -2.4% | +29.6% |
| NATGAS | 2022-07-27 | [Fertilizer market volatility raises pricing questions \| Farmtario](https://feedsoft.ai/events/5034-fertilizer-market-volatility-raises-pricing-questions-farmtario.md) | -14.8% | +2.6% |
| NATGAS | 2016-12-01 | [Oil futures settle at 6-week high, above $50 after OPEC deal - MarketWatch](https://feedsoft.ai/events/9705-oil-futures-settle-at-6-week-high-above-50-after-opec-deal-marketwatch.md) | +10.9% | +14.3% |
| NATGAS | 2021-12-08 | [Farmers ask US Justice Department to investigate fertilizer price spikes \| Reuters](https://feedsoft.ai/events/43923-farmers-ask-us-justice-department-to-investigate-fertilizer-price-spikes-reuters.md) | +2.0% | +4.8% |

## Sources

- oilprice.com: https://oilprice.com/Energy/Natural-Gas/LNG-Remains-In-Tight-Supply-In-This-Key-Market.html

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