Qatar LNG capacity has been significantly hit following attacks on Ras Laffan, with QatarEnergy confirming damage to key liquefaction infrastructure and a prolonged loss of export volumes. In an interview with Reuters, CEO Saad al-Kaabi stated that two of Qatar’s 14 LNG trains — S4 and S6 — and one of its two gas-to-liquids facilities […]
A strike on Iran’s South Pars gas field, followed by retaliatory attacks on Qatar’s Ras Laffan LNG hub, marks a clear escalation in the conflict between Israel, the United States and Iran — and, more importantly, a direct hit on the foundations of the global gas system. What initially appeared to be a targeted strike […]
Strait of Hormuz LNG disruption is putting pressure on global gas markets as supply flows from Qatar and the UAE are severely constrained. The report highlights how Strait of Hormuz LNG disruption is driving price volatility and exposing Asia’s dependence on seaborne LNG trade. Strait of Hormuz LNG disruption is creating a significant shock to […]
Natural gas prices were mixed last week, with Asian LNG and European gas prices easing from earlier highs while U.S. Henry Hub remained relatively stable. The weekly trend reflected shifting geopolitical risk, weather-driven demand, storage dynamics and regional supply factors. Asia – JKM The Northeast Asian assessed spot LNG price JKM (April delivery) for last […]
Natural gas prices rose sharply this week as escalating tensions in the Middle East disrupted LNG markets and increased volatility across global gas benchmarks. The move in natural gas prices was driven by supply concerns affecting Asia, Europe and the United States. Asia – JKM The Northeast Asian assessed spot LNG price JKM (April delivery) […]
LNG shipping rates dynamics are under intense pressure as geopolitical risks around the Strait of Hormuz drive a sudden surge in LNG charter costs. The shipping paradox: while the closure of Strait of Hormuz could reduce global LNG shipments by nearly 20%, spot LNG charter rates surged by 600% since last Friday to around $300 […]
Natural gas prices are surging across global markets as tensions around Iran and the Strait of Hormuz raise fears of major disruptions to LNG flows from the Middle East. European and Asian benchmarks have jumped sharply as traders price in the risk of a prolonged supply shock. European gas prices have surged sharply as tensions […]
Natural gas prices softened across all key markets in February amid milder weather conditions and strong LNG supply growth. Something is telling me that March might be a different story… In Europe, TTF month-ahead prices fell more than 25% yoy to an average of just above $11/mmbtu. Softer temperatures together with record high LNG imports […]
Global gas prices showed mixed movements last week, with Asian LNG strengthening on renewed buying interest, while European and US benchmarks softened amid milder weather, stronger supply and improved market conditions. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG benchmark JKM (April delivery) rose to the low-USD 11s/MMBtu on 20 February from the […]