In this issue
Wednesday, 05 August 2026
Ras Laffan loaded 21 cargoes in July, the strongest month since the March shutdown, according to our data. But the recovery is still not reaching the global market: no Qatari…
Wednesday, 29 July 2026
Modules for a third Arctic LNG 2 train have reached Belokamenka and TotalEnergies has confirmed its exit. Novatek ships under a third of the liquefaction it has built, into a…
Wednesday, 22 July 2026
Laden US cargoes are returning to the Panama Canal at the fastest rate in our records, with seven westbound passages in July to the 19th. The ballast repositioning that defined…
Wednesday, 15 July 2026
Mexico's first Pacific-coast LNG cargo left Energia Costa Azul on 8 July aboard the Pacific Success, signalling for Asia. Some coverage has framed it as relief for a Hormuz-squeezed market.…
Wednesday, 08 July 2026
A missile strike on the Nakilat LNG carrier Al Rekayyat, on the Omani-coast corridor that carried Qatar's tentative June restart, hits the one route reviving beyond-Hormuz exports. Our data puts…
Wednesday, 01 July 2026
Empty Qatari tankers are repositioning into the Gulf, read widely as the restart beginning. Our data shows the laden side lags. Of twelve Qatari cargoes sailed so far in June,…
Wednesday, 24 June 2026
With Qatari cargoes held out by the closure of Hormuz, Europe has leaned harder on Russia's Yamal LNG. According to our data the flow is concentrated in three states and…
Wednesday, 17 June 2026
Markets took relief from the US-Iran deal, with European gas prices off almost 6pct. But the strait is still mined, the text unsigned, and our tracking shows almost nothing has…
Wednesday, 10 June 2026
China's LNG intake has risen by roughly half since April, its highest since before the Hormuz closure. Four-fifths came from Pacific and Russian supply Europe could never have lifted, our…
Wednesday, 03 June 2026
Shipments of Arctic LNG 2 bound for China ran flat for nearly a year, around 0.16 MMt a month from the middle of 2025. In April they rose to 0.29…
Wednesday, 27 May 2026
Hormuz has not reopened, but Gulf LNG suppliers have stopped waiting for it. Qatari cargoes now move under Iranian-approved deliveries to Pakistan and under an AIS-suppressed dark transit to China,…
Wednesday, 20 May 2026
Crisis pricing has lifted on fresh Hormuz risk while US terminals run at their ceiling and the global re-export channel sits collapsed. The price move is geopolitical, not fundamental. Higher…
Wednesday, 13 May 2026
he Q-Flex Al Kharaitiyat became the first Qatari LNG carrier to clear the Strait of Hormuz since the conflict began on 28 February, transiting an Iran-approved northern route to Port…
Wednesday, 06 May 2026
Summary Shell is acquiring $16.4bln of Montney gas through ARC Resources while auctioning a portion of its LNG Canada stake to private equity for up to $15bln. The effect is…
