# Moody's: Oversupply to keep LNG prices low beyond 2020 | Oil & Gas Journal

> Moody's expects global LNG prices to stay low beyond 2020 as new supply comes online while demand weakens in Japan and Korea. It projects global oversupply peaking at about 55 million tonnes a year in 2019, with new supply rising 44% by 2020.

- Date: 2017-03-06 · published 2017-03-06T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/72168-moody-s-oversupply-to-keep-lng-prices-low-beyond-2020-oil-and-gas-journal
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A prolonged LNG glut keeps gas prices low, which weighs on natural gas and reduces the cost pressure on gas-linked fuel and fertilizer inputs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2019-03-21 | [Morgan Stanley: Low European gas prices to prompt US LNG utilization cuts \| Oil & Gas Journal](https://feedsoft.ai/events/60257-morgan-stanley-low-european-gas-prices-to-prompt-us-lng-utilization-cuts-oil.md) | -4.9% | -10.8% |
| NATGAS | 2026-01-21 | [Global LNG supply set to jump in 2026, limiting prices and spurring demand \| Reuters](https://feedsoft.ai/events/21223-global-lng-supply-set-to-jump-in-2026-limiting-prices-and-spurring-demand.md) | +176.6% | -24.2% |
| NATGAS | 2025-11-13 | [LNG prices will drop in 2026 to absorb supply surge, but how much? \| Reuters](https://feedsoft.ai/events/22129-lng-prices-will-drop-in-2026-to-absorb-supply-surge-but-how-much-reuters.md) | +4.8% | +6.2% |
| NATGAS | 2020-06-03 | [Natural gas prices could go negative on global oversupply](https://feedsoft.ai/events/52798-natural-gas-prices-could-go-negative-on-global-oversupply.md) | +2.8% | +4.8% |
| NATGAS | 2024-04-24 | [Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan \| Reuters](https://feedsoft.ai/events/30918-pressure-on-gas-and-lng-prices-to-help-switch-from-coal-says-j-p-morgan-reuters.md) | +7.7% | +52.8% |

## Sources

- ogj.com: https://www.ogj.com/refining-processing/gas-processing/article/17229472/moodys-oversupply-to-keep-lng-prices-low-beyond-2020

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