LNG

North-east Asian buyers came back to restock in May, lifting Pacific imports thirteen percent just as the supply base had least to give them, with the Strait of Hormuz effectively closed and Qatari volumes all but gone. The contest resolved in Asia's favour, drawing US cargoes east even as Europe, refilling storage from a low base, shed import volume for a fifth consecutive month, our Markets Editor Dr Alexander Wilk writes. 

The global push for LNG in heavy road transportation has long been constrained by infrastructure limitations but new innovations now promise to bring fuel production much closer to end users in Europe. Fuelling Editor Malcolm Ramsay has more. 

Amigo LNG: LNG Alliance’s 4.2 mill tonnes per annum Amigo LNG project has obtained the remaining major federal permits for its Mexican Sonora terminal. 

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China's LNG intake has risen by roughly half since April, its highest since before the Hormuz closure. Four-fifths came from Pacific and Russian supply Europe could never have lifted, our cargo data shows. The real pressure on Europe is not this surge but the indirect squeeze building behind it.

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Shipments of Arctic LNG 2 bound for China ran flat for nearly a year, around 0.16 MMt a month from the middle of 2025. In April they rose to 0.29 MMt, and in May to 0.50, double the previous monthly high. Behind the jump is a step-up in Russia's capacity to move the gas.

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