EU power price held stable at €90/MWh despite LNG crunch
Though the Middle East conflict disrupted 80 mtpa of LNG exports, fuel diversification helped stabilise gas and power prices across Europe’s five major markets at over €90/MWh in March, while month-ahead gas prices peaked at $19/MMBtu in April.
Pakistan seeks four Qatari LNG cargoes to avert power crunch
Pakistan and Qatar are in advanced talks to get at least four LNG cargoes routed through the Strait of Hormuz, as Pakistan faces an acute LNG crunch of about 400 million cubic feet per day (mmcf/d). That supply gap already caused electricity shortages and load-shedding.
Southeast Asia braces for LNG crunch in power sector
Rising LNG prices are feeding through to wholesale electricity markets. To mitigate exposure, utilities in Thailand and Vietnam are shifting from purely index‑linked LNG contracts toward structures with price caps and multi‑year tenures, covering up to 80% of their projected LNG-fired power plant needs.
US LNG developers hit 5-year SPA peak amid Mideast crunch
US LNG developers have secured 40 mtpa of LNG offtake from planned export projects in 2025, their strongest commercial year since 2022. Port Arthur LNG Phase 2 led the pack with 1.4 Bcf/d contracts, and Asian and European buyers keep coming for more amid Qatar’s export suspension.
