LNG

Such is the demand to move cargo through the Panama Canal, an LNGC paid $4 mill to jump the queue and avoid a possible five day wait, according to an official record, newswire AFP reported.

Qatar Gas Transport Co (Nakilat) achieved a net profit of QAR439 mill for the first quarter of this year, slightly above QAR433 mill recorded for the same period of 2025.

Vitol’s head of LNG, Pablo Galante Escobar, has warned the halt in Middle Eastern supply could develop into a food crisis, unless transits through the Strait of Hormuz resume. Longer term, the Gulf market could lose 20 mtpa of LNG supply growth in 2027 and 2028, because of damage to…