# U.S. LNG exports shift to Europe from Asia

> US LNG exporters are shifting cargoes from Asia to Southern Europe because cold weather and reduced Algerian supply from Sonatrach's Skikda terminal pushed European gas prices to their highest premium over US prices in three years. Day-ahead prices at France's TRS hub reached a near five-year high.

- Date: 2017-01-24 · published 2017-01-24T12:00:00.000Z
- Category: weather · region Europe · magnitude low
- Page: https://feedsoft.ai/events/73140-u-s-lng-exports-shift-to-europe-from-asia
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Stronger European demand pulls US LNG export volumes abroad, which supports US gas demand and prices somewhat.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-12-15 | [U.S. natgas jumps 7% as LNG exports rise, some wells shut due to cold \| Financial Post](https://feedsoft.ai/events/11506-u-s-natgas-jumps-7-as-lng-exports-rise-some-wells-shut-due-to-cold-financial.md) | -11.8% | -47.2% |
| NATGAS | 2023-04-17 | [Nat-Gas Prices Surge on Cold U.S. Temps and Record LNG Exports](https://feedsoft.ai/events/36595-nat-gas-prices-surge-on-cold-u-s-temps-and-record-lng-exports.md) | +11.5% | +6.5% |
| NATGAS | 2017-09-12 | [Asian LNG prices spike as Hurricane Harvey disrupts exports - Nikkei Asia](https://feedsoft.ai/events/69143-asian-lng-prices-spike-as-hurricane-harvey-disrupts-exports-nikkei-asia.md) | +7.3% | -2.2% |
| NATGAS | 2022-03-11 | [U.S. natgas futures up 2% on lower output, record LNG exports \| BOE Report](https://feedsoft.ai/events/42455-u-s-natgas-futures-up-2-on-lower-output-record-lng-exports-boe-report.md) | +5.5% | +33.7% |
| NATGAS | 2020-08-04 | [U.S. natgas rises to highest since January on surging LNG exports, hot weather \| Financial Post](https://feedsoft.ai/events/10737-u-s-natgas-rises-to-highest-since-january-on-surging-lng-exports-hot-weather.md) | +7.0% | +21.5% |

## Sources

- reuters.com: https://www.reuters.com/article/usa-asia-lng-idUSL1N1FE4BG/

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