# Gas pricing: global convergence

> An Informa analysis says LNG has linked regional gas markets, leaving prices more equal worldwide than in past years. Prices at the Russian border and in Northeast Asia were both $5.85/mmBtu at the end of winter, while US prices were near $3.

- Date: 2017-04-20 · published 2017-04-20T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/71666-gas-pricing-global-convergence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Global gas price convergence means US shale gas costs increasingly transmit to Europe and Asia, shaping energy and fertilizer input costs for feed producers.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-05-15 | [When Natural Gas Prices Converge](https://feedsoft.ai/events/53322-when-natural-gas-prices-converge.md) | +5.5% | +3.7% |
| NATGAS | 2023-04-24 | [Volatility Still Lurking in Global Natural Gas Markets Despite Easing Prices](https://feedsoft.ai/events/36593-volatility-still-lurking-in-global-natural-gas-markets-despite-easing-prices.md) | +5.5% | +11.7% |
| NATGAS | 2020-10-05 | [Natural Gas Price Benchmarks \| European Gas Hub](https://feedsoft.ai/events/50807-natural-gas-price-benchmarks-european-gas-hub.md) | +33.9% | +71.9% |
| NATGAS | 2020-07-30 | [Analysis: First Chinese gas contracts linked to international LNG prices signal oil-gas decoupling continues \| S&P Global](https://feedsoft.ai/events/52294-analysis-first-chinese-gas-contracts-linked-to-international-lng-prices-signal.md) | +22.0% | +37.5% |
| 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% |

## Sources

- informaconnect.com: https://informaconnect.com/gas-pricing-global-convergence/

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