# Spot LNG price may rise further toward winter on weather, geopolitical risks: Tokyo Gas CEO

> Tokyo Gas CEO Shinichi Sasayama said spot LNG prices could rise further this winter depending on weather, inventory drawdowns and geopolitical developments, particularly the Iran situation. He also noted the EU’s planned phase-in of a Russian gas import ban, with the LNG ban due to begin on January 1, 2027.

- Date: 2026-11-05 · published 2026-11-06T03:08:06.964Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/83225-spot-lng-price-may-rise-further-toward-winter-on-weather-geopolitical-risks
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Colder weather, inventory depletion and disrupted or redirected LNG flows could intensify competition for spot cargoes and push gas prices higher. This could also lift feed and fertilizer costs indirectly through higher energy prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-08-29 | [Higher Natural Gas Prices Seen This Winter in Europe as Geopolitical Complications Mount](https://feedsoft.ai/events/28999-higher-natural-gas-prices-seen-this-winter-in-europe-as-geopolitical.md) | +11.7% | +36.8% |
| NATGAS | 2023-05-25 | [SHELL \| Global LNG prices could spike this winter on low European gas stocks](https://feedsoft.ai/events/36127-shell-global-lng-prices-could-spike-this-winter-on-low-european-gas-stocks.md) | -15.9% | +6.0% |
| NATGAS | 2021-11-23 | [Supply Outages, Weather Forecasts Keep Global Natural Gas Prices Strong -- LNG Recap](https://feedsoft.ai/events/44230-supply-outages-weather-forecasts-keep-global-natural-gas-prices-strong-lng-recap.md) | -5.5% | -18.6% |
| NATGAS | 2026-10-01 | [Will European Gas Prices Keep Rising This Winter?](https://feedsoft.ai/events/17649-will-european-gas-prices-keep-rising-this-winter.md) | +5.2% | -7.8% |
| NATGAS | 2022-04-01 | [Asia LNG Price Surges to Record as War Spurs ‘Panic’ Over Supply](https://feedsoft.ai/events/42452-asia-lng-price-surges-to-record-as-war-spurs-panic-over-supply.md) | +11.8% | +26.8% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/lng/110526-spot-lng-price-may-rise-further-toward-winter-on-weather-geopolitical-risks-tokyo-gas-ceo

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