# LNG Outages Keep Prices High | Energy Intelligence

> Angola LNG was shut down for a minor intervention last week, adding to outages. Northeast Asian LNG spot prices have risen about 30 percent since late November, driven mainly by production outages.

- Date: 2016-12-22 · published 2016-12-22T12:00:00.000Z
- Category: logistics · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/73641-lng-outages-keep-prices-high-energy-intelligence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lost supply forces buyers to bid for replacement cargoes, keeping spot LNG prices elevated and supporting gas-linked fuel costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-08-30 | [Spot UK Gas Jumps to Six-Month High \| Energy Intelligence](https://feedsoft.ai/events/63718-spot-uk-gas-jumps-to-six-month-high-energy-intelligence.md) | -2.6% | +4.3% |
| NATGAS | 2024-06-03 | [Norway outage pushes European gas prices to highest this year](https://feedsoft.ai/events/7809-norway-outage-pushes-european-gas-prices-to-highest-this-year.md) | +24.9% | +9.1% |
| NATGAS | 2024-04-25 | [Hammerfest, Freeport Outages Send Global Natural Gas Prices Higher – Three Things to Know About the LNG Market](https://feedsoft.ai/events/9864-hammerfest-freeport-outages-send-global-natural-gas-prices-higher-three-things.md) | +9.1% | +64.2% |
| NATGAS | 2018-01-16 | [Production outages tighten Asian gas market \| LNG Industry](https://feedsoft.ai/events/67164-production-outages-tighten-asian-gas-market-lng-industry.md) | -11.9% | -28.5% |
| NATGAS | 2023-09-25 | [European Natural Gas Prices Rally on Extended Norwegian Supply Outages – LNG Recap](https://feedsoft.ai/events/34286-european-natural-gas-prices-rally-on-extended-norwegian-supply-outages-lng-recap.md) | +6.4% | +4.3% |

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7d0-de4c-a17b-e7d2bbf80000

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