LNG importers seek optionality, not just molecules
Optionality, not just molecules, is what LNG buyers are scrambling for as spare capacity shrinks and shipments from Qatar remain constraint. As sources for ‘safe’ supply become finite, each new shipping disruption has a greater impact on prices and procurement decisions, analysts warn.
Edison hopes to get two-thirds of Qatari LNG supply
Edison expects Qatari LNG supply will resume within 30-45 days after a peace deal, though initial deliveries would likely be just two-thirds of contracted supply, CEO Nicola Monti said.
EU buyers snap up all Yamal LNG cargoes before ban takes effect
Buyers in the EU have been snapping up all LNG from Russia’s Yamal terminal they can secure, just month before a full EU ban on Russian gas exports will take effect at the start of 2027.
TTF soars though continued price spiral ‘unlikely’
Despite a 52% surge at Europe’s TTF gas trading hub, price-sensitive Asian buyers will bear the brunt of supply constraints – rather than premium markets like Europe that are willing to bid aggressively for cargoes.
Gazprom-CNPC accord could cap China’s LNG demand
Gazprom’s latest cooperation push with CNPC is accelerating the ramp-up of Russian pipeline gas exports to China, capping the country’s LNG demand. Gazprom aims to increase exports via additional pipeline routes such as the Power of Siberia 2 pipeline.
Markets bearish as more Russian LNG tankers head to China
Traded LNG markets are hedged between two risks – winter weather and further shipments from Russia’s sanctioned Arctic LNG 2. Six more vessels are headed to China with estimated arrivals between now and early October, Energy Aspect understands.
EU member states urged to stop importing Russian spot LNG cargoes
Imports of Russian LNG into the EU have soared – regardless of sanctions – with most shipments headed to France, Spain and Belgium and a third of cargoes imported as spot trades. Analysts urge EU members states to prioritise on phasing out these flows.
Latest cargo shipments
April 4 (LNGJ) - The 261,700 cubic metres Q-Max carrier “Lijmiliya” has just delivered a cargo to the Chinese Dalian import terminal, operated by PetroChina. The 137,000 cubic metres capacity carrier “Pacific Notus” was berthed at the Darwin LNG plant, operated by ConocoPhillips, to load a cargo for Japan. The 155,000 cubic metres capacity “GasLog Shanghai” has just delivered a cargo from Peru to the Manzanillo import terminal on the Pacific Coast of Mexico. The 155,000 cubic metres capacity “Tangguh Sago” has unloaded an Indonesian shipment at the South Korean import terminal at Pyeongtaek
