LNG

The Greek shipowner Dynagas has shipped 35 percent of all Yamal LNG volumes to European ports between January and July 2026, worth an estimated €2.35 billion, after Greece secured an exemption on the EU’s 21st sanction package for qualifying Russian LNG transport.

Bullishness abounds for LNG prices and winter 2026/27 contracts at Europe’s benchmark TTF gas trading hub after US President Donald Trump threatened to impose a US toll on shipments through the Strait of Hormuz. For spot prices, the sell-off after the peace memorandum was short-lived.