# LNG Price Gains Face Ceiling As New Supply Emerges

> Asian spot LNG prices rose in the week to Nov 4 as European gas benchmarks rallied and an outage hit Angola LNG. Analysts expect further gains to be capped by long-term oil-indexed contract prices and new supply from US and Australian liquefaction projects.

- Date: 2016-11-04 · published 2016-11-04T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/74032-lng-price-gains-face-ceiling-as-new-supply-emerges
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

New liquefaction capacity is expected to limit LNG spot price gains, which keeps global gas prices more contained.

## Sources

- marinelink.com: https://www.marinelink.com/news/ceiling-emerges-supply417902

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