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Tokyo Gas CEO Shinichi Sasayama said spot LNG prices could rise further this winter depending on weather, inventory drawdowns and geopolitical developments. The EU’s planned ban on Russian LNG imports is due to take effect from January 2027, with limited contract-related carve-outs.
Winter demand and reduced Russian LNG flows could intensify competition for spot cargoes, putting upward pressure on LNG prices.
After 13 past bullish policy events, Natural Gas moved a median -1.7% over 5 sessions (46% higher; middle half -2.4% to +4.5%), and +5.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.