# Global LNG Deals Set Bullish Tone As Peru Export Halt

> Asian spot LNG prices rose as Shell, the sole exporter of Peruvian LNG, bought replacement cargoes after Peru's plant suspended loadings. A Nigerian cargo was bought at an estimated $4.80-$4.90/mmBtu delivered, which traders called high. Expected new supply from Wheatstone and Sabine Pass was seen as likely to limit gains.

- Date: 2017-07-21 · published 2017-07-21T12:00:00.000Z
- Category: logistics · region Asia · magnitude low
- Page: https://feedsoft.ai/events/70139-global-lng-deals-set-bullish-tone-as-peru-export-halt
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Supply disruption tightened spot LNG, but the incoming Australian and US capacity is expected to pull prices back. Feed buyers watch this for gas-linked energy costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2018-11-14 | [Cheniere starts LNG production at Texas export terminal: spokesman](https://feedsoft.ai/events/62212-cheniere-starts-lng-production-at-texas-export-terminal-spokesman.md) | +11.8% | +5.6% |
| NATGAS | 2022-09-07 | [Global scramble for LNG tankers likely to boost gas prices further](https://feedsoft.ai/events/39771-global-scramble-for-lng-tankers-likely-to-boost-gas-prices-further.md) | +0.7% | -27.1% |
| NATGAS | 2020-12-11 | [Algeria’s LNG Supply Disruptions Add to Global Market Tightness - Bloomberg](https://feedsoft.ai/events/49818-algeria-s-lng-supply-disruptions-add-to-global-market-tightness-bloomberg.md) | +6.7% | +9.1% |

## Sources

- marinelink.com: https://www.marinelink.com/news/tightens-bullish-export427599

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