LNG Transportation

The Iran war's natural gas price shock could accelerate Europe's decoupling with Russian energy while pushing the continent further into U.S. arms. Last week, an Iranian attack forced QatarEnergy to stop production, forcing the second largest liquefied gas exporter in the world. European benchmark gas prices soared by almost 50%. The European benchmark gas prices soared by nearly 50% as a result of the Iranian attack that forced?QatarEnergy, the world's second-largest liquefied natural gas exporter, to halt production last week. Qatar will only supply 4% of the gas imported by the European Union in 2025 according to the European Council....

The U.S. and Israeli war against Iran has caused a sudden and acute disruption in Middle East oil supply, forcing buyers to use every barrel available. This is quickly destroying?forecasts that an oil glut would occur this year. The International Energy Agency predicted in February that the global oil supply will exceed the demand by 3.7 million barrels a day (bpd). This surplus would continue into 2026. One month later, this projection seems redundant. After the near-complete closing of the Strait of Hormuz, nearly 15 million barrels per day of crude oil production and another 4.5 millions barrels per day...

In a filing to the stock exchange on Wednesday, India's largest gas importer, Petronet LNG Ltd. issued a "force majeure" notice to its supplier QatarEnergy and local buyers because its vessels are unable to reach Ras Laffan loading port due to the Middle East crisis. Fuel shipments have been disrupted by the U.S./Iran conflict. The transit through the Strait of Hormuz, between Iran and Oman - which carries one-fifth of the world's oil consumption as well as large amounts of liquefied - natural gas - has come to a near halt after some vessels in the area were hit. In...

Investors are betting that disruptions to Middle East oil supplies will be brief. This optimism, however, may not be justified. The third day of conflict has not yet caused any damage to the oilfields in the region, but the inability of fuel to be shipped out of the Gulf has already put a strain on a global energy system that is tightly interconnected. Each day of disruption increases pressure on both producers and consumers, causing bottlenecks in the Middle East for exporters and a worsening of shortages elsewhere. The oil prices rose by more than 10% on Monday, reaching the...

Cheniere Energy Inc revealed this week that the 'Trump administration gave it a tax credit of $370 million for burning liquefied gas in their massive 'tankers. Critics argued that such a credit was intended for a 'far smaller boat. In financial disclosures, the company announced on Thursday that it won the IRS tax break for alternative fuels. The tax credit was part of a 2005 law signed by George W. Bush that was intended to subsidize a variety of alternative fuels, including those derived from biomass, coal and natural gas. The credit was intended to be claimed only by those...

The U.S. Department of Energy announced on Thursday that it had?approved an increase of 12%?in the?exports?from?Cheniere Corpus Christi's liquefied gas terminal in Texas. The department has approved the export of LNG up to 0.47 billion cubic foot per day to large markets in Asia, Europe, and other non-Free Trade Agreement nations. The expansion has been approved for the Corpus Christi Stage Three?Project Trains 8 and 9. "This order will help?further increase America's LNG-export capacity, providing peace abroad and prosperity to Americans here at home," Energy Secretary Chris Wright said, while visiting the project. Since 2018, Corpus 'Christi LNG is operating...

The United States is now the world's largest supplier of ultra-cooled fuel in just ten years, since the first liquefied gas cargo left Louisiana. Analysts and executives in the industry predict that U.S. LNG capacity records will double within five years. The question is whether the market will be able absorb these supplies, as it already shows signs of saturation. Shell's CEO Wael Sawan stated earlier this month?that the LNG sector is expanding at an annual rate of approximately 3%, which exceeds the growth rate for the gas market. On February 24, 2016, Cheniere Energy exported its first LNG cargo...

Cheniere Energy, the largest exporter of liquefied gas in the world. The company has submitted a request to build a 24 metric tons per year LNG plant in Corpus Christi, Texas. According to a Federal Energy Regulatory Commission filing, the proposed project will be an expansion of Cheniere's Corpus Christi?plant. The plant currently has a capacity of 18 mtpa but could soon produce?as much as 25 mtpa with the ongoing Stage 3 expansion expected to be completed by 2026. The project is an expansion of Cheniere Corpus Christi's?plant. It currently has a production capacity of 18 mtpa, but it could...

By America Hernandez PARIS, January 13 - French utility Engie signed a 15-year contract to supply liquefied natural gas to power plants in Thailand owned by Gulf Development PCL on Tuesday. Delivery of up to 0.8 millions metric tons per year will start?in 2028. Details of the price were not revealed. Thailand is the largest LNG importer in Southeast Asia. The demand for the fuel will continue to grow as it gradually replaces coal, which accounts for 14% of its electricity mix. Gulf Development's CFO Yupapin. Wangviwat stated in a?statement that "this LNG procurement aligns to Thailand's national strategy for...

Preliminary data from LSEG revealed that the U.S. became the first nation to export over?100,000,000 metric tons of liquefied gas (mmt) in a year in 2025,?powered mainly by the start-up of new plants. LSEG data revealed that the world's biggest LNG exporter, Qatar, sold 111 mmt, nearly 20 mmt higher than its nearest competitor and almost 23 mmt higher than last year. Last year, U.S. LNG exports accounted for about a quarter. LSEG data showed that Venture Global's Plaquemines?facility?-the country's second largest export facility - delivered 16,4 mmt by 2025, after sending its initial cargo in December 2024. Alex Munton...

The energy markets are in a depressed mood for 2026, as geopolitical uncertainties cloud the outlook. In addition, signs of a growing oil and gas supply threaten to lower prices. The oil and gas industry had a crazy year in 2018. Highlights included the 12-day Israel/Iran conflict in June, the trade wars of Donald Trump, the intensified targeting by Russia of energy infrastructure as part of its war on Ukraine, OPEC’s sometimes perplexing decisions regarding production, and the recent threatened U.S. ban of Venezuela. What's next for the upcoming year? Here are five energy trends that will likely shape the...

The preliminary data released by financial firm LSEG on Monday showed that U.S. liquefied gas exports reached a record high for the second consecutive month in November, thanks to cooler weather conditions and robust production from the two biggest producers of the country. According to LSEG, the U.S. is the top LNG exporter in the world. It shipped 10.9 million metric tons last month. This was up from 10.1 mmt during October, despite the fact that the month had one fewer working day. Cheniere Energy, U.S.'s largest LNG exporter, increased shipments from its two Texas facilities to 4.6 mmt, up...

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...

GAIL (India), a long-term natural gas supplier in India, said it would assess whether to reduce supplies after receiving a 'force majeure' notice from Petronet LNG. This was due to 'constraints placed on vessels by the Middle East conflict escalating. India's imports from Qatar of liquefied gas have been affected by the U.S.-Israeli war against Iran. After some vessels were 'hit', the fallout from U.S. and Israeli attacks on Iran has caused the transit of LNG through the Strait of Hormuz. GAIL announced that, as of March '4, the allocation of LNG to GAIL from Petronet has been reduced to...

GAIL (India), a subsidiary of India's GAIL, said it would 'assess' reducing supplies to its natural gas customers after receiving a notice of force majeure from its long-term supplier Petronet LNG due to constraints imposed on vessels resulting from the escalation in conflict in the Middle East. India's imports from Qatar of liquefied gas have been affected by the U.S.-Israeli war against Iran. After some vessels were damaged by the fallout of the U.S. and Israeli?attacks against Iran, the transit of 'oil' and LNG through Strait of Hormuz has been brought to a halt. GAIL announced that, as of March...

Europe is worried about an economic blow similar to the invasion of Ukraine in 2004. Initial fears could be exaggerated if futures markets are accurate. That's a very big "if". The European markets were shivering at the prospect of yet another energy crunch that would drive up inflation and sap demand. The soaring?oil price has hit the markets of major importing countries around the globe. Europe is particularly vulnerable to the resumption of disruptions in natural gas supply, which were already halted by Russia's invasion of Ukraine in 2022. Crude oil, although below the Tuesday peaks, is still more than...

Gas importers and other sources confirmed on Wednesday that several Indian?companies had restricted their domestic?supply, including the 'important' fertiliser industry, due to a force majeure provision due to the escalating conflict across the Middle East. Qatar, India's main supplier of liquefied gas, has been affected by the U.S. and Israel's war against Iran. Lower gas supplies have already affected the production of several fertiliser companies, including the Indian Farmers?Fertilisers Cooperative Ltd and Kribhco Fertilizers Ltd. Both companies failed to respond to the request for comments outside of normal working hours. Gujarat Gas Ltd., which supplies domestic and industrial customers with...

Investors bet on the short-term disruption of oil supplies in the Middle East. This optimism, however, may not be justified. The oilfields in the Gulf have escaped damage so far, but the inability to ship fuel out is straining the global energy system. Each day of disruption increases pressure on both?producers?and?consumers?, causing bottlenecks in the Middle East for exporters?and?deepening shortages elsewhere for buyers? The oil prices rose by more than 10% on Monday, reaching the highest level in over a decade. They then fell back to $79. This was a reaction to the extensive U.S.-Israeli airstrikes on Iran that took...

The head of India's largest gas importer Petronet LNG, who is also New Delhi's chief gas buyer, said that India would buy U.S. LNG if the price was reasonable. Last week, U.S. president Donald Trump said that he would reduce tariffs on Indian imports to 18%, from 50%. This will ease concerns in India. In exchange, New Delhi was asked to double its annual US imports. In 2024-2025 the bilateral trade reached $132 billion, with an approximate $41 billion surplus to India's benefit. Akshay Singh, at a recent press conference, said that India is seeking to obtain energy at a...

Donald Trump has announced his intention to import Venezuelan oil that was previously sanctioned into the U.S. This will disrupt the global energy game plan and highlight the seriousness of Trump's administration's ambition to control the Western Hemisphere. China could be the ultimate?target of this "Donroe doctrine" - Trump's rebranding a 19th century doctrine that asserted Washington’s zone of control in the Americas. U.S. Oil Companies could be the unintended "victims". Trump announced on Tuesday that Caracas had agreed to export Venezuelan crude worth up to $2 billion to the U.S. It was only a few days after the U.S....

The U.S. industry is on track to sign the second highest number of contracts this year, despite concerns over rising costs and increased capacity. U.S. LNG companies signed sales and buy agreements (SPAs), totaling 29.5 million metric tons of LNG annually, in the first ten months of 2025. This is more than four-times the 7 mtpa of LNG signed by the entire year 2024. The SPAs can be used by project developers as a tool to raise funding by demonstrating the ability of planned projects to generate a positive cash flow, with customers being locked into long-term contracts lasting up...

As part of its plan to increase its global presence on the liquefied gas market, U.S. oil giant Chevron has begun early-stage discussions to explore potential opportunities in European Regasification Terminals. Since the invasion of Ukraine by Russia in 2022, Europe has drastically reduced its Russian gas imports. Chevron has increased its LNG trading activities significantly. The company is under contract to export 7,000,000 tons of LNG per year from the U.S. beginning in 2026. Although not operating on the same scale as Shell or TotalEnergies yet, the company is still a major global energy firm. Freeman Shaheen is the...