# Oversupply has 'fundamentally changed' the LNG market — but it won't last long

> Oil Search's CEO said the LNG market has changed fundamentally and that the current oversupply may not last as demand grows. The IEA expects the US to become the leading global gas exporter by the mid-2020s.

- Date: 2017-11-15 · published 2017-11-15T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/68161-oversupply-has-fundamentally-changed-the-lng-market-but-it-won-t-last-long
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The commentary points to a longer-term shift toward a more flexible, US-supplied gas market, which may limit price spikes over time. It is outlook commentary rather than a new supply or demand event.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-01-29 | [Changing LNG, oil fundamentals forces global rethink on contract base](https://feedsoft.ai/events/32296-changing-lng-oil-fundamentals-forces-global-rethink-on-contract-base.md) | -19.2% | -34.6% |
| NATGAS | 2024-09-20 | [What’s next for the global gas and LNG market?](https://feedsoft.ai/events/28495-what-s-next-for-the-global-gas-and-lng-market.md) | +13.9% | -1.1% |
| NATGAS | 2026-10-01 | [The High-Stakes Gamble Playing Out in the Natural-Gas Market](https://feedsoft.ai/events/17650-the-high-stakes-gamble-playing-out-in-the-natural-gas-market.md) | +5.2% | -7.8% |
| NATGAS | 2020-04-16 | [From the chaos of the coronavirus pandemic can come a new order for LNG markets \| S&P Global](https://feedsoft.ai/events/53826-from-the-chaos-of-the-coronavirus-pandemic-can-come-a-new-order-for-lng-markets.md) | +17.1% | -3.1% |
| NATGAS | 2024-03-28 | [US gas prices to be increasingly linked to international markets through LNG](https://feedsoft.ai/events/31397-us-gas-prices-to-be-increasingly-linked-to-international-markets-through-lng.md) | +13.4% | -1.3% |

## Sources

- cnbc.com: https://www.cnbc.com/2017/11/15/oversupply-has-fundamentally-changed-the-lng-market--but-it-wont-last-long.html

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