Geopolitics Alpha

Taiwan halts LNG purchases from Papua New Guinea, closes office citing Chinese pressure

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ENERGYTaiwan halts LNG purchases fromPapua New Guinea, closes officeciting Chinese pressureGEOPOLITICS ALPHA

This report is about natural gas and China.

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-19.6% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • FXI iShares China Large-Cap ETF-5.1% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“chinese”).

  • EWT iShares MSCI Taiwan ETF+1.6% 18d

    iShares MSCI Taiwan ETF holds stocks listed in Taiwan, which this story is about (“taiwan”).

  • LNG Cheniere Energy+5.7% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • EQT Eqt+5.1% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNG-1.94%-1.51%base+1.73%after closeafter closeafter close
XLE+13.47%+8.12%base+0.65%after closeafter closeafter close
FXI-5.13%-4.93%base+0.06%after closeafter closeafter close
EWT+17.61%+14.37%base+3.54%after closeafter closeafter close
LNG+18.19%+11.32%base+0.21%after closeafter closeafter close
EQT+9.38%+7.16%base-0.89%after closeafter closeafter close
KMI+12.15%+8.91%base-0.17%after closeafter closeafter close
WMB+15.76%+12.83%base+1.39%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Taiwan halts LNG purchases from Papua New Guinea, closes office citing Chinese pressure Pipeline and Gas Journal

Source: Pipeline and Gas Journal

Energy

CompanyWhenMoveStatus
EQTthat day-0.89%still updating
EQTthree days earlier+7.16%final price
EQTfive days earlier+9.38%final price
EWTthat day+3.54%still updating
EWTthree days earlier+14.37%final price
EWTfive days earlier+17.61%final price
FXIthat day+0.06%still updating
FXIthree days earlier-4.93%final price
FXIfive days earlier-5.13%final price
KMIthat day-0.17%still updating
KMIthree days earlier+8.91%final price
KMIfive days earlier+12.15%final price
LNGthat day+0.21%still updating
LNGthree days earlier+11.32%final price
LNGfive days earlier+18.19%final price
UNGthat day+1.73%still updating
UNGthree days earlier-1.51%final price
UNGfive days earlier-1.94%final price
WMBthat day+1.39%still updating
WMBthree days earlier+12.83%final price
WMBfive days earlier+15.76%final price
XLEthat day+0.65%still updating
XLEthree days earlier+8.12%final price
XLEfive days earlier+13.47%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100Price not final

“Taiwan halts LNG purchases from Papua New Guinea, closes office citing Chinese pressure” scores 12 out of 100. The score uses 1 sources. The price is not final yet.