# Suppliers hitting the gas - Chinadaily.com.cn

> China's natural gas prices have risen to a three-year high as northern cities face heating fuel shortages. The shortage follows the push to replace coal heating with gas, plus limited LNG terminal and pipeline capacity.

- Date: 2017-12-19 · published 2017-12-19T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/67650-suppliers-hitting-the-gas-chinadaily-com-cn
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Strong Chinese demand for LNG tightens global gas supply and supports gas prices, raising costs for nitrogen fertilizer and energy-intensive processing.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-05-18 | [LNG Remains In Tight Supply In This Key Market \| OilPrice.com](https://feedsoft.ai/events/65194-lng-remains-in-tight-supply-in-this-key-market-oilprice-com.md) | +3.8% | +7.7% |
| NATGAS | 2017-11-06 | [PetroChina’s shares fuelled by move to increase natural gas prices for commercial users \| South China Morning Post](https://feedsoft.ai/events/10193-petrochina-s-shares-fuelled-by-move-to-increase-natural-gas-prices-for.md) | +11.4% | +2.9% |
| NATGAS | 2022-07-26 | [No fertiliser crisis despite 2 plants’ closure \| The Daily Star](https://feedsoft.ai/events/5037-no-fertiliser-crisis-despite-2-plants-closure-the-daily-star.md) | -4.4% | +13.2% |
| NATGAS | 2018-03-28 | [Gas Price Hike: India Hikes Natural Gas Price To Its Highest In Two Years](https://feedsoft.ai/events/66181-gas-price-hike-india-hikes-natural-gas-price-to-its-highest-in-two-years.md) | +4.5% | +5.8% |
| NATGAS | 2026-10-29 | [EC holds to Russian gas ban as prices soar \| S&P Global](https://feedsoft.ai/events/2159-ec-holds-to-russian-gas-ban-as-prices-soar-s-and-p-global.md) | -1.8% | — |

## Sources

- global.chinadaily.com.cn: https://global.chinadaily.com.cn/a/201712/20/WS5a399fdfa31008cf16da2471.html

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