LNG Transportation

The preliminary data of financial firm LSEG shows that U.S. liquefied gas exports dropped to 10.2 million metric tonnes (MT) in the month of May, which is the?lowest amount this year excluding January's shorter months, due to seasonal maintenance. The decline was primarily due to planned outages at several export plants as operators completed spring maintenance, after delaying earlier work in the year. Cheniere Energy, along with some U.S.-based exporters, had delayed maintenance in March in order to maximize shipments into Asia. This was due to supply disruptions caused by reduced Qatari supplies that resulted in almost 20% loss in...

China could receive its 'first direct U.S. liquefied gas shipment to China in over a year' in a possible sign of thawing ties in the energy sector as U.S. president Donald Trump heads this upcoming week to Beijing for a meeting with Chinese President Xi Jinping. According to LSEG, three vessels left U.S. export LNG plants in Louisiana in the last week. They are expected to arrive in China between mid- and late June. Other LNG tankers left U.S. port and claimed to be heading to China in the last year. However, no LNG tanker has gone directly from the...

New Fortress Energy said that it received notice on Thursday from Nasdaq, stating that the liquefied natural gas developer no longer meets the requirement of the minimum bid price for continued listing. The company is facing a severe cash crunch. Mounting debt and missed interest payments have overshadowed the progress of its new projects, and it has repeatedly delayed its quarterly filings. The company's shares closed at 73 cents per share on Thursday. Since 19 March, the stock has been trading below the $1 minimum per share requirement. New Fortress stated that the notice had?no immediate impact on its listing....

Cheniere?Energy swung from a profit to a loss during the first quarter of this year, Thursday. This was due to?billions?of?dollars?in losses related to LNG-linked contracts. The company's results were hurt primarily by a $4.8 billion change in value of derivative agreements linked to long-term LNG contracts. The volatility in the global liquefied 'natural gas markets after the U.S./Israeli war against Iran affects?energy companies even though demand for U.S. 'LNG exports is still strong. According to the company, global gas price swings are a result of tight supply, shipping disruptions, and geopolitical tensions across the Middle East. These factors have widened...

Peter Fitzpatrick, NextDecade Shipping Vice President and speaker at an event held in Houston on Wednesday, said that the ongoing conflict in the Middle East will cause more companies to hire LNG ships on long-term contracts as opposed to the spot market. Fitzpatrick stated that the LNG industry was comfortable hiring ships on the spot markets when there were oversupplies of the fuel. Very few "long-term" deals were made in 2024 or 2025. Fitzpatrick said that the market is adapting to increased volatility, as it is becoming aware of its existence. "The geopolitical crises will have a long-term effect on...

Analysts and industry executives say that global orders for LNGCs are expected to rebound this year following a slump in 2025, as the growing production of LNG and improved fuel efficiency on vessels will drive demand. The increase in orders offsets concerns that the U.S. - Iran war could reduce shipping demand near-term and?pressure freight rates. According to Poten & Partners & Drewry, since late last year, South Korea and China shipbuilders have received more orders. In the first quarter of this year, 35 new LNGCs were contracted. Drewry data show that, by comparison, 37 LNGCs have been ordered for...

Kalshi, a prediction markets platform, announced on Wednesday that it has launched a 'commodities hub', expanding its offering to include markets related to energy, metals, and agriculture. The launch comes at a time when the commodity markets are being roiled by geopolitical conflicts, such as the U.S./Israeli war against Iran, and the disruptions that followed in the Strait of Hormuz as well as inflation uncertainty. Oil prices have been trading around $100 per barrel and this has contributed to an increase in intrading on commodity-linked markets. Kalshi's expansion has added contracts for natural gas, coffee, sugar, corn and soybeans, wheat...

For now, the war that shut down the Strait of Hormuz is over. Tehran's insistence on acting as the toll booth keeper for the world's critical?oil artery could make energy markets more vulnerable and lead to higher prices. According to U.S. president Donald Trump, the U.S., Iran and Pakistan agreed to a ceasefire on Tuesday, which was mediated by Pakistan. Tehran must halt its blockade against oil and gas through the Strait. According to an Iranian official, the waterway through which a fifth or more of the world's gas and oil flowed prior to the U.S./Israeli war against Iran, it...

According to LSEG data and other sources, Cheniere Energy's Sabine Pass liquefied gas plant in Louisiana has reduced its natural gas flows due to an outage of one of its production units. Sabine Pass is the largest LNG plant in America, and it can process more than 5 billion cubic feet per day. LSEG data shows that it requested only?2.6bn cubic feet a day on Thursday. Two people familiar with Cheniere's operations said that at least one production train is not running as the company does maintenance. The work is expected to be completed by Thursday, and production should begin...

The company announced on Friday that Train 5 of the Corpus Christi Liquefied Natural Gas expansion project, operated by Cheniere Energy, is now at full capacity. Train 5 is a part of the seven-train development that will add 10 million tons of export capacity per year to Corpus Christi LNG in Texas. According to documents from the company, this new unit is expected to increase output by a little under 1.5 million tonnes per year. LNG trains are units that cool natural gas to a super-cooled, liquid form for export. The global LNG supply is currently being hamstrung by Iran's...

In a speech to senior Taiwanese officials on Thursday, the top U.S. diplomatic representative in Taiwan tried to send a "reassuring" message that the U.S. government supports the island in terms of?both strengthening its defences and assuring energy supplies during Iran's?war. Despite the lack of formal diplomatic relations, the 'United States' is Taiwan's largest arms supplier and international supporter. Raymond Greene, speaking at an American Chamber of Commerce dinner in Taiwan with President Lai Ching te and top officials in attendance, said that U.S. obligations under the Taiwan Relations Act, which mandates, among other things arms sales, remained "rock-solid". "Our...

Jack Fusco, CEO of U.S.-based LNG exporter Cheniere Energy, said that the company's Asian customers have asked for more liquefied gas due to the ongoing conflict in the Middle East, which has caused Qatari supplies to be cut. He also stated that the company was already operating at full capacity. Fusco hopes that Cheniere will be able to start commercial operations on its Train?5 expansion in Corpus Christi (Louisiana) by Friday, so as to send more cargoes from Asia. QatarEnergy used to?produce 20% of the world’s LNG. However, its plants were shut down as a result of?the U.S./Israeli war against...

The Strait of Hormuz is emerging as the "central battleground" of the Iran conflict. It is possible that the passage of several oil and gas tanks in recent days, with Tehran's apparent consent, indicates tacit acceptance of Tehran's control. This signals a dangerous new phase of what is rapidly turning into a "Hormuz War". The global energy market has been shook by the near-complete closing of the crucial trade artery in Tehran since the joint Israeli and U.S. airstrikes took place on February 28, as well as the reciprocal U.S. naval?blockade last month. The sudden loss of over 13% of...

A. K. Singh, the chief executive of India's largest?gas importer Petronet LNG, said that he expects to recieve his full contracted amount from Qatar once the?political situation? in?the Middle East stabilizes. Qatar, India’s largest LNG provider, has signed a contract with Petronet to supply 9-10 cargoes of LNG per month, or 7.5 million tons. In March, however, the?supplies ceased following the?Closure of the Strait of Hormuz. Iran also struck two of Qatar’s 14 LNG trains, forcing it to declare force majeure. Qatar has said that repairs will prevent the production of 12.8 million tonnes per year of LNG from Qatar...

The long-term contract between Turkey and Iran for the?import of natural gas is due to expire within the next few months. Both countries could discuss a possible extension. However, no?negotiations have yet been initiated, according to the Turkish energy minister. The agreement expiring in July calls for a delivery of 9,6 billion cubic meters of gas per year. However, actual flows are often far below the agreed amount. Turkey imported 7,6 bcm of gas from Iran in 2012, which accounted for 13% total imports. Data from regulators shows that the pipeline's contracted volume was last reached in 2022. According to...

Ship-tracking data on Saturday showed that five vessels loaded with LNG?from Ras Laffan in Qatar are approaching the Strait of Hormuz. The vessels would have been the 'first?to successfully transit LNG cargoes in the waterway after the U.S./Israel war against Iran started on February 28. Iran reopened Friday the Strait of Hormuz, which carried before the war a fifth the world's LNG traffic. This was after a separate ceasefire agreement, brokered by the United States, reached on Thursday between Israel and Lebanon. On Saturday, a convoy of oil tankers crossed the Strait of Hormuz. The data from the analytics firm...

The Iran war ceasefire will bring much-needed relief to the economies that are suffering from the worst energy crisis in history. However, hopes of a quick return to normal oil and natural gas flow out of the Middle East is almost certain misplaced. Donald Trump, U.S. President, agreed on Tuesday to a ceasefire for two weeks, provided that Iran halted its blockade of oil-and-gas shipments through Strait of Hormuz. This 'narrow waterway' is responsible for about one-fifth of the global oil trade. Iran's Abbas Araqchi, the country's Foreign Minister, said Tehran would stop counter-attacks on vessels transiting through the Strait...

LSEG, a financial firm, reported that U.S. exports?of liquefied gas reached a record high in March. This was due to plants running above their nameplate capacity and the addition of new units. The number of shipments to Asia has more than doubled compared to the previous month. This is due to the Middle East conflict that has caused energy markets to be agitated and forced nearly 20% of the global LNG supply to go offline. Customers who depend on cargoes transiting the Strait of Hormuz have been forced to find alternative sources of LNG. The data shows that exports in...

An official of the federal shipping ministry revealed on Tuesday that India was loading liquefied petroleum gas onto its empty ships stranded in the Persian Gulf due to a 'gas shortage' caused by the conflict in the Middle East. The 24 Indian flagged vessels were stranded on the Persian Gulf after shipments from the Gulf were interrupted and the Strait o'Hormuz. Rajesh Kumar Sinha said that two ships, Shivalik and Nanda, have already arrived in India. Pine Gas?and Jag Vasant will arrive between March 26-27. Sinha stated that one vessel has?exited the dry dock and will be fully loaded with...

The Iran war seems to have a similar impact on oil and gas, as missiles, drone attacks and shipping disruptions clog up the Strait of Hormuz. Underneath the surface symmetry, there is a serious imbalance. Gas consumers are more affected by the 'global supply chain' because it has less rerouting and storage options than the oil markets. The construction and repair of key gas infrastructure, liquefaction plant in particular, is more expensive and complex than the equivalent oil infrastructure. Oil refineries are able to resume operation more quickly after a shutdown than export hubs for?liquefied?natural?gas. The prices have shown the...

The Iran war seems to have a similar impact on oil and gas, with missiles, drone attacks and shipping disruptions choking the Strait of Hormuz. Underneath the surface symmetry, there is a serious imbalance. Gas consumers are more affected by the global supply chain because it has fewer rerouting and storage options than the oil markets. Gas infrastructure, liquefaction plant in particular, is more complicated and expensive to build and maintain than oil equivalents. Oil refineries are able to resume operation more quickly after a shutdown than LNG export hubs. Prices have made this imbalance clear: European and Asian benchmarks...

Gas-fired electricity production in Europe reached multi-year-highs early in 2026. This gave liquefied gas (LNG), exporters hope that the region would regain its love for the fuel. Gas consumption has been slowing down in March. The average level of?gas production across major consumers is down by about a third compared to the previous month. At least part of this slowdown is likely due to a sharp increase in regional gas prices following the outbreak of the 'U.S.-Iran War on February 28. The above-normal temperatures in Central and Western Europe has also led to a sharp drop in regional?gas consumption, as...

Three sources said that Shell, the largest LNG trader in the world, declared force majeure for all LNG cargoes purchased from QatarEnergy, and sold to clients around the globe. Qatar, the second largest LNG exporter in the world, declared force majeure last week on LNG shipments and announced a halt to production at its 77-million-ton per annum (mtpa). Shell refused to comment. Two sources confirmed that other Qatari LNG buyers including TotalEnergies, some Asian companies and others have received force majeure notifications from Qatar. These notices state that they will not sell Qatari LNG to their customers as long as...

The U.S./Israeli war with Iran has disrupted Middle East fuel supplies, and affected India's Liquefied natural gas (LNG), which it imports from its key supplier Qatar. As India, the fourth largest LNG consumer in the world, reduces its supply, several?Indian?industries?are?being affected. GAIL (India), the Indian gas marketing company would consider reducing supplies to customers of natural gas after Petronet LNG, its long-term supplier, issued a notice of force majeure due to?vessels limitations. ONGC Petro Additions operates its Dahej?gas?cracker? in western India with a "dramatically" reduced capacity due to falling?supplies of gas and other feedstock. Adani Total Gas has raised prices...