--- title: "IEA expects huge amount of LNG to reach market in next 5 years, chief says" type: "News" locale: "en" url: "https://longbridge.com/en/news/278078151.md" datetime: "2026-03-06T10:30:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278078151.md) - [en](https://longbridge.com/en/news/278078151.md) - [zh-HK](https://longbridge.com/zh-HK/news/278078151.md) --- # IEA expects huge amount of LNG to reach market in next 5 years, chief says BRUSSELS, March 6 (Reuters) - The International Energy Agency expects a huge amount of liquefied natural gas to reach the market in the next five years, which will put downward pressure on LNG prices, IEA chief Fatih Birol told reporters. “We expect in the next five years a huge amount of LNG wave, about 300 BCM of new LNG coming,” he said after a meeting with European Commission President Ursula von der Leyen and commissioners. “This would mean there will be a downward pressure for the prices and most importantly 75% of this LNG will be flexible,” he added. ### Related Stocks - [LNGX.US](https://longbridge.com/en/quote/LNGX.US.md) - [BOIL.US](https://longbridge.com/en/quote/BOIL.US.md) - [UNG.US](https://longbridge.com/en/quote/UNG.US.md) - [FCG.US](https://longbridge.com/en/quote/FCG.US.md) - [LNGZ.US](https://longbridge.com/en/quote/LNGZ.US.md) ## Related News & Research - [US natgas prices rebound from 17-month low on higher demand and lower output](https://longbridge.com/en/news/282850265.md) - [US natgas futures ease to 17-month low as mild weather cuts demand](https://longbridge.com/en/news/282737095.md) - [EUROPE HAS 'MAYBE' 6 WKS OF JET FUEL LEFT, IEA HEAD SAYS - AP](https://longbridge.com/en/news/282989473.md) - [The International Energy Agency is really worried about the global oil market](https://longbridge.com/en/news/282742657.md) - [Japan risks summer power crunch due to Middle East LNG disruptions -IEEJ analyst](https://longbridge.com/en/news/282527046.md)