# Asian LNG Prices Surge Past $30 Amid Middle East Shipping Crisis

> Asian spot LNG prices rose above $30 per mmBtu, their highest level since December 2022, after an LNG carrier was targeted in the Red Sea off Yemen. The article says winter competition for cargoes is intensifying, while attacks and constrained Qatari exports could discourage stronger Middle East shipping flows.

- Date: 2026-11-07 · published 2026-11-08T06:08:01.147Z
- Category: logistics · region Asia and Red Sea · magnitude medium
- Page: https://feedsoft.ai/events/87022-asian-lng-prices-surge-past-30-amid-middle-east-shipping-crisis
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Security risks on shipping routes can delay or deter LNG deliveries just as Asian and European buyers compete for winter supplies. Reduced available cargoes add upward pressure to spot gas prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-01-12 | [LNG Shipping Rates from U.S. Surge Record on Asia Buying Boom](https://feedsoft.ai/events/49024-lng-shipping-rates-from-u-s-surge-record-on-asia-buying-boom.md) | -4.8% | +12.9% |
| NATGAS | 2021-01-15 | [Record LNG prices push South Asian countries, including Pakistan, to ration gas - Pakistan - DAWN.COM](https://feedsoft.ai/events/49338-record-lng-prices-push-south-asian-countries-including-pakistan-to-ration-gas.md) | -10.7% | +54.0% |
| NATGAS | 2022-06-14 | [LNG outage exacerbates supply woes amid Asian restocking, firm European demand](https://feedsoft.ai/events/41139-lng-outage-exacerbates-supply-woes-amid-asian-restocking-firm-european-demand.md) | -23.8% | -24.1% |
| NATGAS | 2023-08-21 | [European gas prices rise on growing prospect of Australian LNG strike](https://feedsoft.ai/events/34750-european-gas-prices-rise-on-growing-prospect-of-australian-lng-strike.md) | +0.2% | +5.5% |
| NATGAS | 2019-09-23 | [HSC Natural Gas Prices to Rise Amid Disconnect Between Surging Supply, Demand](https://feedsoft.ai/events/57256-hsc-natural-gas-prices-to-rise-amid-disconnect-between-surging-supply-demand.md) | -1.2% | -9.8% |

## Sources

- okevt.org: https://okevt.org/article/asian-lng-prices-surge-past-30-amid-middle-east-shipping-crisis

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