# Rystad Energy: This week’s gas and LNG market | LNG Industry

> European gas prices face downside as milder weather, higher Norwegian flows and increased Russian nominations ease pressure, while European storage stands at 38% of capacity. Record January LNG imports into Europe, with about 46% from the US, and the Snohvit LNG restart was delayed to mid-May 2022.

- Date: 2022-02-03 · published 2022-02-03T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/9231-rystad-energy-this-week-s-gas-and-lng-market-lng-industry
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Bearish European demand and supply flows offset concerns about low storage and Russia-Ukraine tensions, while frigid US forecasts and Asian supply tightness support prices elsewhere.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-08-29 | [Weekly Energy Market Situation, August 28, 2017 - Fuels Market News](https://feedsoft.ai/events/8390-weekly-energy-market-situation-august-28-2017-fuels-market-news.md) | +1.2% | +0.1% |
| NATGAS | 2022-02-04 | [Natural Gas Weekly – February 3, 2022 - Alternative Energy Source](https://feedsoft.ai/events/9229-natural-gas-weekly-february-3-2022-alternative-energy-source.md) | -25.2% | -8.7% |
| NATGAS | 2019-01-17 | [Extreme Volatility In U.S. Natural Gas Market Is Here To Stay \| OilPrice.com](https://feedsoft.ai/events/61279-extreme-volatility-in-u-s-natural-gas-market-is-here-to-stay-oilprice-com.md) | -10.5% | -25.5% |
| NATGAS | 2025-01-22 | [Daily Natural Gas Market Update  1-22-25](https://feedsoft.ai/events/6345-daily-natural-gas-market-update-1-22-25.md) | -15.5% | +36.1% |
| NATGAS | 2022-10-26 | [U.S. natgas steady as mild weather offsets planned LNG export rise \| Financial Post](https://feedsoft.ai/events/39313-u-s-natgas-steady-as-mild-weather-offsets-planned-lng-export-rise-financial-post.md) | -5.1% | +21.0% |

## Sources

- lngindustry.com: https://www.lngindustry.com/special-reports/03022022/rystad-energy-this-weeks-gas-and-lng-market/

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