Weekly Special Report: Natural Gas

NATURAL GAS USE AND MARKET SHARE

• NATURAL GAS is mainly used for electricity generation and heating. In the U.S., about 47% of homes use natural gas for heating.
• MARKET SHARE - PRODUCERS: BIGGEST NATURAL GAS PRODUCERS IN THE WORLD. The U.S. is the largest producer, accounting for around 25% of global natural gas production, while Russia ranks second with about 15%. Qatar contributes roughly 4–5%, while Iran accounts for approximately 6-7% of total global production.
• MARKET SHARE – TOTAL NATURAL GAS + LNG IMPORTERS: China is the world’s largest importer, accounting for approximately 20% of global imports, followed by Japan with around 16–18%. The European Union represents the largest bloc, accounting for roughly 27% of total natural gas imports

Sources: U.S. Energy Information Administration (EIA); Energy Institute (Statistical Review of World Energy)

GEOPOLITICS: MIDDLE EAST WAR

• UPDATE (MAY 05): STRAIT OF HORMUZ REMAINS EFFECTIVELY CONSTRAINED AMID ONGOING BLOCKADE AND CONFLICT: CRITICAL NATURAL GAS SUPPLY ROUTE STILL AT RISK. The Strait of Hormuz continues to operate well below normal capacity as attacks in the region have resumed, while the U.S. naval blockade remains in place and Iran maintains restrictions. Despite proposals to reopen the strait as part of broader negotiations, no agreement has been reached. Around 20–25% of global LNG (Liquefied Natural Gas) exports pass through the strait, mainly from Qatar.

BREAKING (MAY 04): QATAR LNG (LIQUEFIED NATURAL GAS) DISRUPTIONS EXTENDED THROUGH MID-JUNE. QatarEnergy has formally extended its force majeure declaration (Unable to meet contractual obligations) on LNG supplies through mid-June, following earlier disruptions caused by missile and drone attacks on key energy facilities. Qatar, which accounts for around 20% of global LNG exports, continues to face constrained production and export capacity, impacting long-term supply contracts with key buyers in Europe and Asia, including Italy, Belgium, South Korea, and China.

BREAKING (MARCH 19): QATAR’S LIQUEFIED NATURAL GAS (LNG) EXPORT CAPACITY REDUCED BY 17%, AND IT WOULD TAKE UP TO 5 YEARS TO BE REPAIRED. According to Reuters, QatarEnergy's CEO said that Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue.

Sources: Bloomberg, Reuters

EUROPE: NATURAL GAS STORAGE IS AT 33.40% OF CAPACITY

• EUROPEAN NATURAL GAS STORAGE IS 26.2% BELOW THE 5-YEAR AVERAGE. Natural gas storage levels in Europe remain well below the five-year average and levels last seen in May 2022. A stronger refilling season could be ahead in 2026. After cutting itself off from Russian natural gas, Europe has recently reached an agreement with the United States to increase purchases of liquefied natural gas (LNG).

Source: Gas Infrastructure Europe (GIE) – AGSI+ database

TECHNICAL ANALYSIS

• BREAKING (APRIL 14): NATURAL GAS PRICE HAS HIT ITS LOWEST RATE SINCE NOVEMBER 2024 ($2.553).
• KEY SUPPORT IN FOCUS: $2.70. After dropping below $3, natural gas prices have set a new floor at $2.70, which has been tested four times since late 2024. However, the price can also decline.

GRAPH (Daily):  November 2024 – April 2026

Please note that past performance does not guarantee future results

Natural Gas, May 05, 2026
Current Price:   2.810

Example of calculation based on weekly market trend for 1.00 Lot¹

1.  The above calculations are made based on 1.00 lot which is equivalent of 10,000 units
2.  Calculations for exchange rate used as of 09:50 (GMT+1) 05/05/2026

You can use risk management tools such as Stop-Loss and Take-Profit.