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LNG shipping transits through the Strait of Hormuz, Suez Canal and Panama Canal

LNG shipping routes more important than ever to global energy security

LNG shipping has emerged as one of the defining themes in this month’s global gas market review, as recent disruptions demonstrate that secure maritime transport has become just as important as LNG production in safeguarding global energy security. The Strait of Hormuz, Suez Canal and Panama Canal remain the most critical routes for LNG shipping because each connects major export […]

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Global LNG market supply shortfall absorbed by Europe and Asia

Global LNG supply shortfall tops 30 million tonnes as U.S.-Iran conflict escalates

The global LNG supply shortfall linked to the renewed U.S.-Iran conflict has exceeded 30 million tonnes, with Europe now absorbing nearly three-quarters of the lost supply as disruption through the Strait of Hormuz raises the prospect of a significantly tighter LNG market ahead of winter. European LNG imports and storage injections remain below the levels required to rebuild inventories comfortably […]

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Stacked bar chart of monthly Mt/month from Jan-26 to Jul-26, showing Qatar (red), Canada (light gray), Oman (gray), and Other origins (dark gray) contributing to each total.

China LNG strategy points to $1.1 billion saving after shift away from Qatar

China LNG imports could be on course to save more than $1 billion this year after diversifying away from Qatari supply, according to a new scenario analysis which argues that lower-cost Canadian LNG has more than offset the additional costs associated with the Strait of Hormuz disruption. The analysis examines how China’s LNG procurement strategy has evolved since the disruption […]

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Stacked bar chart of Latin American liquefaction capacity by exporting nation from 2019 to 2045, with Trinidad, Peru, Mexico, Argentina, and Guyana/Suriname stacked by year.

Latin America LNG market set to become a net exporter in the early 2030s

The presentation highlights a region in transition. While Latin America currently has around 97 mtpa of regasification capacity, utilisation remains relatively low at roughly 25%, reflecting weather-driven demand and the growing influence of domestic gas production. Brazil accounts for more than half of the region’s regasification capacity, while Mexico is increasingly shifting its focus from LNG imports towards exports. On the export side, […]

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