LNG

Australian LNG exporters be required to reserve 20% of their gas production for the east coast domestic market under a new policy, effective July 1, 2027. The measure targets three LNG projects – Shell/Arrow Energy's Queensland Curtis LNG, Santos’ Gladstone LNG, and Origin/ConocoPhillips' Australia Pacific LNG.

The Ksi Lisims LNG project in British Columbia is in advanced discussions with additional offtakers as developers target a final investment decision (FID) on the 12 mtpa floating liquefaction facility on Nisga’a Nation land by the end of this year.

The White House is supporting the Alaska LNG tax reform, with a volumetric tax on feedgas flows meant to reduce early-stage fiscal burdens for the long-delayed $44 billion LNG export project. Financial close on Phase 1 is envisaged later this year.

Abu Dhabi National Oil Co (ADNOC) has moved a second LNG carrier through the Strait of Hormuz, with tankers going off the radar when transiting the critical waterway as security risks persist. The two carriers loaded at Das Island terminal and appear to be heading to Japan and China.

“Apparently, there is a new game in town: empty LNG tankers moving near the Strait of Hormuz, going dark, loading LNG, crossing the Strait again and then reappearing in the middle of the ocean loaded,” commented Anne-Sophie Corbeau, Center on Global Energy Policy (CGEP) research scholar at Columbia University.

“The Qataris do not seem to be playing this game. Yet,” she noted.

Mraweh, one of ADNOC’s LNG carriers, officially did not transit Hormuz – but it reappeared laden near Indonesia and has now been tracked as heading towards Japan. Sohar, another LNG carrier, crossed the Strait in early April – empty.

Kpler data indicates the ADNOC-linked LNG carrier Mubaraz has transited the Strait on April 27 after a 30-day tracking blackout. This week, Mubaraz re-emerged off southern India – apparently en route to China’s Tianjin regas terminal where it is expected to arrive on May 15.

Though ADNOC has not officially confirmed that the cargo originates from Das Island, ship tracking data identifies it as one of the first loaded LNG crossing Hormuz since hostilities began, disrupting Persian Gulf exports that comprised 20% of global supply in 2025.

Swiss commodity trader Gunvor has agreed to offtake 0.3 mtpa of LNG from Delfin Midstream’s FLNG1 facility offshore Louisiana over 20 years, pushing the project’s contracted volumes above 4 mtpa as it nears financial close.

An US-Iran peace deal resolution is expected “very soon,” Pakistan’s foreign ministry says – which would hit future prices immediately – but physical LNG and oil flows, deliveries, and broader supply normalization would lag by weeks, Rystad Energy cautions.

Pakistan LNG’s emergency tender for spot cargoes is closing today as the state-owned importer seeks urgent deliveries to help meet seasonal peak power demand more than 4,500 MW. Delivery windows for the cargoes are offered for May 12-14 and May 24-26.

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?...

ExxonMobil has acknowledged damage to two LNG trains in Qatar was responsible for half of its 6% worldwide production outage, indicating the 3% Ras Laffan shortfall could linger on for up to five years, considering the repair timeline.

NextDecade is preparing for a 2027 final investment decision (FID) for Train 6 at its Rio Grande LNG project, as offtake interest already exceeds the facility’s planned capacity.