# Production outages tighten Asian gas market | LNG Industry

> Asian spot LNG for February delivery rose to $11.50/MMBtu after outages at Malaysia's Bintulu complex, Russia's Sakhalin II, Angola LNG and Sabine Pass. Prices were at three-year highs, though some buyers were deferring purchases.

- Date: 2018-01-16 · published 2018-01-16T12:00:00.000Z
- Category: logistics · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/67164-production-outages-tighten-asian-gas-market-lng-industry
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Supply outages tightened the Asian LNG market and lifted global gas-linked energy costs. Higher gas prices raise fertilizer and processing costs for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-09-01 | [Explainer: Worker disputes at Australian LNG producers roil global gas market](https://feedsoft.ai/events/34746-explainer-worker-disputes-at-australian-lng-producers-roil-global-gas-market.md) | -3.6% | +5.3% |
| NATGAS | 2024-04-25 | [Hammerfest, Freeport Outages Send Global Natural Gas Prices Higher – Three Things to Know About the LNG Market](https://feedsoft.ai/events/9864-hammerfest-freeport-outages-send-global-natural-gas-prices-higher-three-things.md) | +9.1% | +64.2% |
| NATGAS | 2021-01-15 | [Record LNG prices push South Asian countries, including Pakistan, to ration gas - Pakistan - DAWN.COM](https://feedsoft.ai/events/49338-record-lng-prices-push-south-asian-countries-including-pakistan-to-ration-gas.md) | -10.7% | +54.0% |
| NATGAS | 2023-06-27 | [Norwegian Outages Test European Natural Gas Market, Renew Supply Concerns](https://feedsoft.ai/events/35688-norwegian-outages-test-european-natural-gas-market-renew-supply-concerns.md) | -4.1% | -0.3% |
| NATGAS | 2023-09-25 | [European Natural Gas Prices Rally on Extended Norwegian Supply Outages – LNG Recap](https://feedsoft.ai/events/34286-european-natural-gas-prices-rally-on-extended-norwegian-supply-outages-lng-recap.md) | +6.4% | +4.3% |

## Sources

- lngindustry.com: https://www.lngindustry.com/liquid-natural-gas/16012018/production-outages-tighten-asian-gas-market/

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