# Natural gas forecast: LNG terminal outage pressures US prices, bolsters EU prices | IG Bank Switzerland

> US Henry Hub natural gas prices fell 16.49% after Freeport LNG said the Quintana Island, Texas, terminal may take months to return after a major explosion. European gas prices surged on the news as the EU was trying to refill storage before winter.

- Date: 2022-06-15 · published 2022-06-15T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/6803-natural-gas-forecast-lng-terminal-outage-pressures-us-prices-bolsters-eu-prices
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Reduced US export capacity tightens EU supply and supports European prices while depressing US gas prices, and the risk of further hurricane-related LNG disruptions adds upside risk.

## Read by commodity

- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2022-06-21 | 5 | -23.8% | -3.0 | Confirms a 16.5% Henry Hub drop on the terminal outage, as exports were stranded and domestic supply overhang grew. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-07-10 | [Natural-Gas Prices Sink as Texas LNG Terminal Closes for Maintenance](https://feedsoft.ai/events/8662-natural-gas-prices-sink-as-texas-lng-terminal-closes-for-maintenance.md) | -8.0% | -15.2% |
| NATGAS | 2022-06-14 | [Natural-Gas Prices Plunge After Extended Outage at Texas LNG Facility](https://feedsoft.ai/events/6800-natural-gas-prices-plunge-after-extended-outage-at-texas-lng-facility.md) | -23.8% | -24.1% |
| NATGAS | 2022-06-08 | [US Natural Gas Slumps After Fire at Texas LNG Export Terminal - Bloomberg](https://feedsoft.ai/events/41142-us-natural-gas-slumps-after-fire-at-texas-lng-export-terminal-bloomberg.md) | -20.0% | -34.8% |
| NATGAS | 2022-06-14 | [News of lengthy Freeport LNG terminal outage hits NYMEX gas futures](https://feedsoft.ai/events/6798-news-of-lengthy-freeport-lng-terminal-outage-hits-nymex-gas-futures.md) | -23.8% | -24.1% |
| NATGAS | 2026-07-09 | [US Natural Gas Prices Drop To Six Week Low](https://feedsoft.ai/events/8665-us-natural-gas-prices-drop-to-six-week-low.md) | -9.8% | -16.6% |

## Sources

- ig.com: https://www.ig.com/en-ch/news-and-trade-ideas/natural-gas-forecast--lng-terminal-outage-pressures-us-prices--b-220615

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