◂ Event Timeline

Jul 5, 2017REPORTGlobal

International Gas Union wholesale price survey confirms big changes in price formation for LNG

The International Gas Union released its 2017 Wholesale Gas Price Survey, which documents major changes in how LNG and wholesale gas prices are formed. The survey covers the global LNG and gas market.

WHY IT MATTERS

Shifts toward more market-based pricing change how gas contracts are set, but the survey itself has no immediate price impact for feed commodities.

AFFECTSNatural Gas

SOURCE
lngjournal.comJohn McKayJul 5, 2017

Price reaction & history

Natural Gasno directional readSO FAR1d -1.9%5d +1.6%20d -5.3%

After 182 past report events, Natural Gas moved a median +0.7% over 5 sessions (52% higher; middle half -4.9% to +5.2%), and +1.2% over 20.

May 13, 2019IGU releases ‘2019 Wholesale Gas Price Survey’ | LNG Industry-0.3%
Feb 1, 2023EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024-7.6%
Jan 23, 2025EIA expects higher wholesale U.S. natural gas prices as demand increases - U.S. Energy Information Administration (EIA)-12.2%
Oct 24, 2016Vayu heralds ‘normalisation’ of wholesale gas prices – The Irish Times-1.7%
Feb 1, 2021EIA expects higher wholesale U.S. natural gas prices in 2021 and 2022+20.6%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Natural Gas NATGAS · GP ▸

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