# IEA study: Global LNG markets are less flexible than many think | Oil & Gas Journal

> An IEA study released in Tokyo on November 23 argues that current LNG oversupply is not a structural feature and that global LNG markets are less flexible than many assume. It calls for greater gas security resilience to sudden demand and supply shifts.

- Date: 2016-12-05 · published 2016-12-05T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/73639-iea-study-global-lng-markets-are-less-flexible-than-many-think-oil-and-gas
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The analysis highlights that regional shocks can spread to distant markets, which may support a more cautious view of future LNG supply and price stability.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-10-17 | [Market flexibility is improving thanks to LNG and markets currently well supplied but gas security remains a concern - IEA](https://feedsoft.ai/events/68636-market-flexibility-is-improving-thanks-to-lng-and-markets-currently-well.md) | +2.2% | +8.3% |
| NATGAS | 2017-10-23 | [Global LNG markets to remain oversupplied into 2020s despite strong demand](https://feedsoft.ai/events/68638-global-lng-markets-to-remain-oversupplied-into-2020s-despite-strong-demand.md) | -3.2% | +7.4% |
| NATGAS | 2023-11-14 | [EIA Forecasts ‘Balanced’ Global LNG Market This Winter, Aided by More U.S. Exports](https://feedsoft.ai/events/33346-eia-forecasts-balanced-global-lng-market-this-winter-aided-by-more-u-s-exports.md) | -7.3% | -16.6% |
| NATGAS | 2017-07-12 | [IEA sees global gas demand rising to 2022 as US drives market transformation - IEA](https://feedsoft.ai/events/70138-iea-sees-global-gas-demand-rising-to-2022-as-us-drives-market-transformation-iea.md) | +2.8% | -6.5% |
| NATGAS | 2020-10-12 | [global gas market \| European Gas Hub](https://feedsoft.ai/events/50810-global-gas-market-european-gas-hub.md) | -1.5% | +11.8% |

## Sources

- ogj.com: https://www.ogj.com/pipelines-transportation/lng/article/17209550/iea-study-global-lng-markets-are-less-flexible-than-many-think

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