# Statoil, Gazprom execs see trouble ahead for EU's winter LNG levels | MLex | Specialist news and analysis on legal risk and regulation

> Statoil and Gazprom executives said Asian buyers are willing to pay about 70 percent more than European buyers for US LNG, which could divert cargoes away from Europe. EU autumn gas storage is also below last year's levels.

- Date: 2017-09-26 · published 2017-09-26T12:00:00.000Z
- Category: trade · region Europe · magnitude low
- Page: https://feedsoft.ai/events/69144-statoil-gazprom-execs-see-trouble-ahead-for-eu-s-winter-lng-levels-mlex
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Europe may face tighter winter supply and stronger competition for LNG, which supports European gas prices and could spill over to global LNG benchmarks.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-12-20 | [Rising LNG demand to exert more pull on U.S. natural gas prices - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/61741-rising-lng-demand-to-exert-more-pull-on-u-s-natural-gas-prices-energy-news-top.md) | -8.8% | -6.2% |
| NATGAS | 2022-02-18 | [U.S. gas stocks need big rebuild ahead of next winter \| Reuters](https://feedsoft.ai/events/42880-u-s-gas-stocks-need-big-rebuild-ahead-of-next-winter-reuters.md) | +0.5% | +7.5% |
| NATGAS | 2022-05-06 | [U.S. gas prices soar as Europe and Asia scramble for LNG](https://feedsoft.ai/events/12161-u-s-gas-prices-soar-as-europe-and-asia-scramble-for-lng.md) | -12.9% | -2.0% |
| NATGAS | 2016-06-03 | [US Natural Gas Production Stalls As Europe Becomes The Dumping Ground For Gas Supplies \| The Corner](https://feedsoft.ai/events/7633-us-natural-gas-production-stalls-as-europe-becomes-the-dumping-ground-for-gas.md) | +5.2% | +24.7% |
| NATGAS | 2024-09-06 | [Egypt Seeks Rare LNG Cargoes for Winter, Squeezing Supply](https://feedsoft.ai/events/28496-egypt-seeks-rare-lng-cargoes-for-winter-squeezing-supply.md) | +5.0% | +33.9% |

## Sources

- mlex.com: https://www.mlex.com/mlex/articles/2155043/statoil-gazprom-execs-see-trouble-ahead-for-eu-s-winter-lng-levels

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