Pakistan is running furnace oil-fired power plants at full capacity and has delayed nuclear‑plant maintenance after LNG supply disruptions slashed gas‑fired generation to roughly 500 MW, down from 6000 MW installed capacity.
Swiss-based MET Group has reported a sharp rise in 2025 revenues, up 59% to €28.5 billion, thanks to contracting 242 Bcm of natural gas and tripling its LNG activity. CEO Huibert Vigeven said MET works “from the customer backwards,” structuring its sourcing and supply around the needs of industry and…
Jaw Jaw! Oil prices fell to around $94 per barrel early this morning, while Asian stocks climbed as optimism over a potential deal to end the war and strong corporate earnings lifted markets across the region.
Qatar may extend its force majeure on gas supplies beyond mid-June, Italian importer Edison has said, adding that the gap could be plugged by US supplies, replacing Russian gas.
European LNG buyers, including Germany's Uniper, are exploring the possibility of purchasing supplies from Canada's Pacific coast and shipping it through the Panama Canal.
Capital Clean Energy Carriers Corp is to sell the 174,000 cu m, 2023-built LNGC ‘Amore Mio I’ to a subsidiary of a joint venture company owned 51% by CCEC and 49% by a company affiliated with energy trader, BGN Group in the first quarter of 2027 for $230 mill.
Belgian gas carrier player, EXMAR has started the conversion work needed for a new FSRU to be moored at north Holland’s EemsEnergyTerminal, which is a subsidiary of Gasunie and Vopak.
Europe is hard pressed to start importing LNG as storage levels are below 30% as of mid-April. The EU27 would need an optimal LNG supply equivalent to 86 bcm for six months, the European Network Transmission System Operators for Gas (ENTSOG) said in its summer 2026 outlook.
China has been reselling record volumes of LNG to other Asian buyers since the start of the Middle East war, diverting up to 10 cargoes in March alone – mainly to South Korea, Thailand and Japan. More re-exports are on the cards in April.
Fracking activity is ramping up across the U.S. as producers cater to booming LNG export demand and seek to pre-empt service price spikes. Early movers can reap superior margins.