Japanese yards get Capex boost
Japanese shipbuilders are set to draw new investment as Tokyo looks to revive the sector, with industry groups backing a plan for roughly 350 billion yen in capital spending and a broader public-private fund of more than 1 trillion yen to double output by around 2035. The push also includes efforts to modernize yards and revive LNG carrier construction.
Electricity demand outpaces GDP growth, impacting LNG imports
Through 2030, global electricity consumption will grow at least 2.5 times as fast as overall energy demand, the International Energy Agency (IEA) forecasts, with emerging Asian economies accounting for near 80% of incremental electricity and related LNG demand to fuel gas peaking power stations.
Qatari LNG flows likely to recover from mid-August
Energy Aspects has pushed back its Qatari LNG ramp-up forecast by a further two weeks, now expecting a partial recovery from mid-August. Q3-26 loadings are seen at 5.4 million tons, down from 6.1 Mt previously, as markets price in elevated risk from prolonged Hormuz disruptions, though TTF is still unlikely to exceed €70/MWh over the balance of summer.
Kuwait's retreat to Qatar began before the war
Kuwait has taken 28 LNG cargoes so far this year, 2.17 million tons on an arrival-date basis to 23 July, and every one of them loaded at Ras Laffan. The last cargo from anywhere else was the LNG Borno out of Bonny Island, which discharged at Al Zour on 31 October 2025. Nothing has berthed at the terminal since 15 July.
US, Canada offset 70% of lost LNG supply via Hormuz
Soaring LNG trade flows from the US and Canada have offset around 70% of the lost supply via the Strait of Hormuz, though further military escalations in the region and delays in restoring Qatari exports keeps could prolong market tightness into 2027, the International Energy Agency (IEA) warns.
More LNG-fuelled trucks for India
GreenLine Mobility Solutions has partnered with Dabur India to deploy LNG-fuelled trucks across the FMCG company’s logistics network. More than 1,000 LNG- and electric-powered heavy trucks are operated across India by GreenLine with the collaboration helping to cut long-haul road freight emissions in sectors including consumer goods, steel and mining.
KN Energies seeks more Klaipeda LNG bookings
Lithuania’s KN Energies has issued an additional invitation for market participants to allocate regas slots at its Klaipeda LNG terminal for 2027 after completing the initial annual booking process.
Dynagas granted Russian LNG carve-out
Greece-based Dynagas will be allowed to keep shipping Russian LNG to third countries under the EU’s new sanctions package, in a 12-month exemption that caps volumes at 2025 levels.
ADNOC’s LNG expansion bolstered by Umm Shaif FID
Production from ADNOC’s Umm Shaif Gas Cap is expected by 2030, unlocking more than 600 mmcf/d of gas and liquids that will bolster feedstock as ADNOC aims for 47 mtpa of marketable LNG capacity by 2035.
Ichthys pay deal sealed after little impact on LNG flows
Workers at Inpex's Ichthys LNG plant have voted in favour of a new enterprise agreement covering 2026 to 2030, which the company is now preparing to lodge with the Fair Work Commission. That closes a dispute which ran from 2 June to 17 June and only escalated to the shutdown of one of Darwin's two liquefaction trains in its closing days. Still, it cost Inpex some $200 million by the unions' estimate, with one LNG cargo and two condensate cargoes said to have missed their loadings.
