US gas exports to grow 30% by 2027 as LNG terminals ramp up
Five US LNG projects are set to start operations and ramp up productions by the end of 2027, adding nearly 30% to the country’s current peak export capacity of 18.3 bcf/d and helping offset 10 Bcf/d of damaged Qatari export capacity, according to US government analysts.
Pakistan fires up oil plants to backfill LNG-to-power shortfall
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.
Santos singles out Australia’s LNG edge as Hormuz woes persist
Australia’s second-largest oil and gas producer, Santos, has underscored the “strategic advantage” of LNG from Down Under as the fallout from Hormuz shipping disruptions could last for years. Santos – and its rival Woodside – are both stepping up “safe” LNG supplies to Asian offtakers.
Europe needs to stock up for winter, and import LNG
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 cashes in on re-selling LNG into tight Asian market
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.
Brace for further LNG cargo diversions from Europe to Asia
Bangladesh’s Petrobangla and several Indian buyers are tendering for spot LNG, puling more than 11 cargoes away from Europe towards Asia by early April. Further diversions are likely since Indian companies awarded only 4 out of 15 spot LNG tenders for April and May so far, according to Platts data.
Share of US LNG shipments to EU soars
Europe is turning to the US as the most flexible source of replacement gas for lost Qatari volumes, with the share of US LNG soaring to nearly 60% of all LNG arrivals into the EU since the Iran war escalated, according to Kpler data.
LNG price volatility forces contract overhauls
Prolonged price volatility in LNG markets is upending sales and purchase agreements (SPAs) as traders sound alarm over JCC/Henry Hub swings eroding fixed-price economics.
Viva Energy gets federal nod for Geelong FSRU in Victoria
Australian developer Viva Energy has received federal environmental approval for its proposed floating LNG import terminal at Geelong, deemed vital to offset declining domestic gas production in Victoria.
Panic LNG buying may trigger ‘vicious feedback loop’
Southeast Asian countries with historically low gas storage levels have resorted to panic buying of spot LNG cargoes. Analysts warn a “vicious feedback loop” could weaken domestic purchasing power and further exacerbate energy price inflation.
