LNG

Cheniere’s move to combine the CEO and chairman roles under Jack Fusco, effective May 14, could accelerate decision-making – though investors remain wary about the concentration of power at the leading US LNG exporter, which has more than 53 mtpa capacity in operation.

Singapore’s state-backed gas buyer GasCo is stepping in to secure additional LNG cargoes as several Qatari shipments were disrupted by the regional conflict. Natural gas is Singapore’s main source of electricity, with about 60% of supply imported via seaborne LNG.

Weaker industrial activity and high LNG prices have slowed global gas demand markedly in 2025, the International Energy Agency (IEA) finds. Gas demand in the power sector grow by less than 1%, due to high spot LNG prices, improved nuclear availability in Asia and continued renewables growth.

Singapore is receiving additional  LNG from outside of the Middle East, as the war in Iran stopped supplies from arriving from Qatar, according to a government body.