Developing countries won’t solely rely on US LNG, Cheniere says
Cheniere Energy does not expect developing countries put all eggs in one basket by relying solely on US LNG for their energy security, Chief Finance Officer, Zach Davis said at a conference in Houston.
Russian Arctic LNG 2 cargo heads eastbound to Asia
Ice-class carrier Christophe de Margerie is attempting a seasonally early eastbound transit from Novatek’s Arctic LNG 2 terminal via the Northern Sea Route to Asia, underscoring the Russian company’s efforts to sustain exports to predominantly Chinese buyers.
Term charters back in favour as shield against price spikes
Long-term LNG charters – not spot cargoes – are buyers’ favourite, once again, as they provide greater protection against freight rate spikes and shipping disruptions. This trend could tighten global LNG carrier availability for years to come.
ADNOC LNG cargo exits Hormuz bound for India
An LNG tanker loaded at ADNOC’s Das Island terminal has exited the Strait of Hormuz and is now on route to India. The most likely buyer is Indian Oil Corp, the counterparty to ADNOC’s latest long-term supply agreement.
Taiwan pivots to US LNG to fill Qatari supply gap
CPC Corp, Taiwan’s state-run LNG buyer, has redirected spot and short-term tenders to US producers like Cheniere or Venture Global to offset suspended Qatari supplies. Customs data show monthly imports reached 2.07 million tonnes in April, up 4.34% year-on-year, with the upward trend continuing.
Chevron: Australia lacks capacity to meet Asia’s LNG needs
Australian LNG exporters are falling short on meeting Asian demand due to a lack of capacity that partially stems from an uncertain investment environment. “The first question from buyers always is, can you do more?...
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.
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.
EU weighs gas price cap amid LNG supply disruption
The European Commission is considering introducing gas price caps, enhanced power purchase agreements (PPA) or contracts for difference (CfD) to shield industry and households from soaring energy costs caused by the halt in Middle Eastern LNG deliveries.
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.
