# The reshaping of the global LNG market

> Cedigaz reports that 16 million tonnes of new LNG supply entered the market in 2016, a 6.8% increase. About 110 mmtpa of additional capacity is under construction for start-up by 2020-2021.

- Date: 2017-03-30 · published 2017-03-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/72170-the-reshaping-of-the-global-lng-market
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Roughly 42% of current LNG demand is due to arrive in a short period, which points to continued downward pressure on gas prices.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-04-06 | [Europe, the heart of the global gas market \| Wood Mackenzie](https://feedsoft.ai/events/71665-europe-the-heart-of-the-global-gas-market-wood-mackenzie.md) | -5.1% | -1.8% |
| NATGAS | 2020-04-02 | [Feature: Unfettered global natural gas market a sign of the times](https://feedsoft.ai/events/53828-feature-unfettered-global-natural-gas-market-a-sign-of-the-times.md) | +11.2% | +8.8% |
| NATGAS | 2020-06-16 | [Price Convergence of Global Gas Markets](https://feedsoft.ai/events/52797-price-convergence-of-global-gas-markets.md) | -0.1% | +5.4% |
| NATGAS | 2017-03-16 | [The Glutted World Gas Market](https://feedsoft.ai/events/72173-the-glutted-world-gas-market.md) | +0.5% | +2.5% |
| NATGAS | 2020-03-27 | [The Oil Price Collapse Could Reshape Global Natural Gas Markets \| Georgetown Journal of International Affairs \|
    Georgetown University](https://feedsoft.ai/events/54312-the-oil-price-collapse-could-reshape-global-natural-gas-markets-georgetown.md) | -7.8% | +5.6% |

## Sources

- informaconnect.com: https://informaconnect.com/the-reshaping-of-the-global-lng-market/

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