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Tuesday, 09 June 2026
India’s power-sector LNG buying stays high into June as utilities scramble to offset missing term cargoes. None of India’s 16 GW gas-grid connected powergen capacity received contracted Qatari LNG cargoes in April and May, amid widespread heatwaves. Provisional June data indicate the shortfall persisted, keeping spot procurement at unusually high…
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Tuesday, 09 June 2026
Suspension of nearly 10.2 mtpa of Qatari LNG supply to Asia is forcing utility buyers to switch to coal, with an additional 150 million tonnes (Mt) of consumption projected through 2030, roughly half of which in 2026 alone. A supply gap, not green policies, is driving demand, with RystadEnergy anticipating…
Monday, 08 June 2026
Workers at Ichthys LNG have threatened to escalate strikes starting Thursday after wage negotiations with Inpex failed, raising the concerns over disruptions to roughly 10% of Australia's LNG exports.
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Monday, 08 June 2026
Closure of the Strait of Hormuz has done something more than move prices: it has removed any shared sense of where the market is heading. For three years the industry's working assumption was that a wave of new LNG capacity would tip the market into oversupply by the late 2020s…
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Monday, 08 June 2026
Reopening of the Strait of Hormuz will result in a “quick drop in prices,” though Fitch Rating assumes a five-month closure of the critical waterway through July. Oil markets began to balance in the interim thanks to pipelines, but LNG cargoes stay largely trapped.
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Monday, 08 June 2026
As Asian netbacks for delivered LNG cargoes outbid European prices, buyers are struggling to attract sufficient volumes to offset a looming storage shortfall. An additional 40 cargoes per month would be needed over the next five months, according to ICIS calculations, though economists doubt this is achievable.
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Monday, 08 June 2026
Eskom has entered an LNG supply agreement with Zululand Energy Terminal (ZET) to underpin its planned 3,000 MW gas-to-power project in Richards Bay, South Africa. The deal will make Eskom a “foundation customer” at the proposed regas terminal, which will offer open-access LNG imports.
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Friday, 05 June 2026
Sempra Infrastructure’s ECA LNG Phase 1 liquefaction project located at Ensenada, Mexico, has started producing LNG, the Sempra subsidiary confirmed.
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Friday, 05 June 2026
Fierce competition between Europe and Asia for destination-flexible LNG is squeezing the global market.
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Friday, 05 June 2026
Russian President Vladimir Putin has issued a presidential decree demanding that French energy giant, TotalEnergies sells a 10% stake in the Arctic LNG 2 project to a company set up last month called NordLine.
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