Quarter of Global LNG Supply Offline After Attacks, Cyclone
And just like that, a quarter of global LNG supply is offline 🚢 ⚠️ Hormuz/Iran attacks have disrupted deliveries from Qatar and UAE Cyclone temporarily knocks out plants in Western Australia (Nice graphic from IEA’s Greg Molnar) https://t.co/ymJmTrTZGx
Qatar's Largest LNG Plant Offline, Losing 1.5 Mt Weekly
Reminder that the world’s biggest LNG plant in Qatar — which is currently offline — has no alternative route to get the gas to market It is stuck. And every week it’s offline, the world loses 1.5 million tons of LNG
US LNG in High Demand After Qatar Plant Shutdown
Many such cases 🇺🇸 🚢 Asian and European LNG buyers are chasing the limited number of shipments still available from US suppliers after the world’s largest export plant in Qatar was shut Importers from Japan and Germany are among those in...
Tokyo's New Reactor Cuts 1.1 M Tons LNG
Tokyo is able to turn to nuclear power to help reduce dependence on LNG 🇯🇵 ☢️ The No 6 reactor at Kashiwazaki Kariwa nuclear power plant just reached full power for the first time in over a decade That will replace...
Europe Urges Early Gas Refill, Traders Stay on Sidelines
European governments are keen for traders to make an early start refilling severely depleted storage tanks But the gap between summer and winter gas prices is telling them to wait. For now, traders say they are largely staying on the sidelines...
IEA Urges EU to Decouple Gas From Electricity Pricing
The EU should sever the link between gas and electricity costs to limit the fallout from the Iran war, the IEA has suggested 🇪🇺⚠️ In the European marginal pricing system, gas is the fuel that effectively sets the power price https://t.co/rvKWzsWwey
China Slashes LNG Imports, Pivots to Domestic Gas
China is cutting LNG purchases as the Middle East conflict boosts prices 🇨🇳🚢 📉 March imports are poised to fall to lowest level in 8 years ⚠️ Instead of LNG, China is turning to domestic/pipeline gas. This will help free up supply...
Cyclone Cuts Australian LNG Output, Hits Global Supply
Another blow to the global LNG market 🚢🚨 🇦🇺 Three Australian LNG export plants (which provide ~8% of the world’s supply) have had output curbed by a cyclone ⚠️ Some offshore gas platforms were knocked offline by the big storm https://t.co/pnn7NiguUr
Taiwan Spends $600M Extra as LNG Prices Double
Taiwan spent an extra $600 million to secure LNG through June to replace lost Qatari supply 🇹🇼 💰 Taiwan’s Economic Minister said spot LNG prices are “about twice as high as long-term contract prices with Qatar” The island depends more on gas...
Asia Braces for Looming Energy Crisis Across Multiple Nations
Asia are preparing for worst-case energy scenarios 🚨 🇰🇷 South Korea set up an emergency economic task force 🇮🇳 Modi warned India faced unprecedented challenges 🇵🇭 The Philippines said there is “imminent danger of a critically low energy supply” https://t.co/bCF6njaYxh
Qatar's Largest LNG Plant Faces 2‑4 Year Restart Delay
The world's biggest LNG plant in Qatar wont be able to quickly restart even after the Iran war ends🇶🇦⚠️ Two of the plant's trains were damaged, and need new gas turbines to power LNG refrigeration compressors. Delivery will take 2-4 years...
Dutch Gas Stocks Plunge to 6.1% Amid LNG Shortfall
Dutch gas inventories fall to **6.1%** full 🇳🇱 ⚠️ This is a seasonal low, and comes as the global LNG market is facing a shortfall due to the conflict in the Middle East https://t.co/OeUgHLyuUf
Thailand May Hike Power Rates 18% Amid Middle East Conflict
Thailand is hiking power prices due to the conflict in the Middle East 🇹🇭 ⚠️ Power rates may be increased by as much as 18% for the May-Aug. billing period due to higher fuel costs Other gas importers are...
Asia Cuts LNG Imports to Free Gas for Europe
This is why there is so much focus on gas demand destruction 👇 Importers (particularly those in emerging Asia) will need to take less LNG to free-up more for Europe and other richer nations the longer Hormuz/Qatar is shut
Europe Braces for Iran War Fuel Shortages
Europe will soon face the same kind of fuel supply disruptions as Asia due to the war in Iran, says Shell’s CEO 🇪🇺 ⚠️ “If you look through the slate, jet fuel is already being impacted. Diesel will be next...
California's Energy Crisis Looms as Iran Blocks Oil Routes
California is careening toward an energy crisis because it depends on refined out imports, says Chevron 🇺🇸 ⚠️ Now shipments from China, South Korea, Singapore and elsewhere are at risk of slowing significantly as Iran blocks the Strait of Hormuz https://t.co/KXe3T6k8Dw
Germany Seeks Global Gas Suppliers Beyond the US
German Economy Minister Katherina Reiche is pushing gas companies to diversify beyond the US 🇩🇪 🚢 Reiche said Germany is also pursuing agreements with Angola, Mexico, Canada and other suppliers worldwide https://t.co/YsSeBtLmvB https://t.co/RPngivFPz4
Middle East Conflict Drives Global LNG Exports to Six‑month Low
Global LNG exports drop to the lowest level in six months due to Middle East conflict ⚠️ 🚢 This basically erases supply additions from the US and elsewhere during that period The drop is primarily from Qatar — and to a...
European Gas Dips 9% After Trump Pauses Iran Strikes
European natural gas prices drop as much as 9% after Trump said he instructed US forces to postpone all strikes against Iranian infrastructure for 5 days 🇪🇺 ⚠️ Prices still well above pre-war levels And there’s been no direct/indirect contact...
Qatar Outage Boosts Russia's LNG Sales to Vietnam
The outage at the world’s biggest LNG export plant in Qatar is apparently benefiting Russia 🇷🇺 ⚠️ Russia’s largest LNG producer Novatek has signed a preliminary deal to supply Vietnam, Tass reported citing CEO Mikhelson (Vietnam is struggling to buy LNG...
ADNOC Cuts LNG Output as Hormuz Closure Tightens Gas Market
Adnoc is now reducing LNG production because Strait of Hormuz is shut, tightening the global gas market 🇦🇪 ⚠️ Adnoc has “made temporary operational adjustments to production of Liquefied Natural Gas” They’re working with customers to fulfill commitments “wherever possible” https://t.co/dLBNlgiLER
Trump Threatens Iran Power Plants over Hormuz Closure
President Trump threatened to attack Iran’s power plants if the country didn’t swiftly open the Strait of Hormuz to commercial ship traffic (The remarks mark a shift in tone since Trump on Friday said the US was considering “winding down” military...
Iran's Qatar Attack Fuels US LNG Demand Surge
Iran’s attacks on Qatar’s LNG export plant could be one of the biggest tailwinds yet to the fast-growing US LNG sector 🇺🇸 🚢 🇹🇼 Taiwan said it plans to buy more LNG from the US from June 🇧🇩 Bangladesh is exploring...
Nikkei Rejects Gas Subsidies, Calls for Conservation
Japan’s top business newspaper comes out to oppose additional subsidies on gasoline prices (which hit a record this month) 🇯🇵 ⛽️ The policy will support consumption in a period of tight supply Instead, the Nikkei calls for energy conservation (and for Tokyo...
Australia Mulls Windfall Tax on Booming LNG Sector
Australia’s LNG producers might face higher taxes if they make too much money 🇦🇺 💰 Prime Minister Albanese has asked Treasury to look into imposing a windfall tax on the country’s vast LNG industry, to capitalize on soaring prices of...
European Gas Spikes 30% After Qatar LNG Plant Hit
European gas prices surge 30% after Qatar said the world’s largest LNG export plant was damaged in an Iranian attack (Still TTF futures are far from the record highs of 2022) https://t.co/FC5b6KjHpJ
Trump Threatens Massive Blow‑up of Iran’s South Pars Gas Field
Trump threatens to “massively blow up” the South Pars gas field if Iran targets Qatar’s LNG plant again https://t.co/PMXMDF4Glg
Iran's Second Attack Sparks Fire at Qatar's LNG Hub
Qatar is dealing with a fire at Ras Laffan - home to world’s biggest LNG export plant 🇶🇦 🚨 This is due to a second attack by Iran in the last 12 hours
Iranian Missile Damages Qatar LNG Hub, Threatens Global Supply
Qatars industrial complex housing the world’s largest LNG export plant suffered “extensive damage” after an Iranian missile strike 🇶🇦 ⚠️ The plant provides 20% of global LNG supply, and was shut earlier this month. But a delayed restart (due to...
Iraq Reports Iran Gas Supplies Fully Halted After Offshore Attack
Iraq says Iran gas supplies have completely halted after attack on offshore field, INA reports https://t.co/tZ53tmRYVt
Iran Gas Strike Could Push Turkey to Import More LNG
An unintended consequence of the strikes on Iran’s gas fields? Turkey may be forced to import more LNG 🇹🇷 🚢 Iran sends gas from South Pars to Turkey via a pipeline (making up ~15% of the country’s demand) If that’s shut,...
Iran Threatens Gulf Gas Assets, Rattles Global Market
Iran appears to be preparing to retaliate after attacks on its giant gas field 🇮🇷 ⚠️ It issued a warning to stay away from a range of similar assets in Qatar, Saudi Arabia and the UAE The inclusion of Qatar (home...
Japan's Gas Prices Surge on Conflict and Weak Yen
Japan's gasoline price hits a record high 📈⚠️ 🛢️ The Middle East conflict and weak yen are delivering a double whammy to Japanese consumers 👉 Japan depends on the Middle East for most of its oil https://t.co/NMJurOwuQM https://t.co/ivLXm4sdIQ
Electrified Six‑Car Monorail: Earth’s Unmatched Ride
Ok, hear me out There’s nothing on earth like a genuine, bona fide, electrified, six-car monorail https://t.co/1xCk7E4vvH
Price Hikes and Solar Surge Slash Pakistan’s LNG Demand
Pakistan’s LNG demand has dropped due to two main factors: 💰 The government hiked gas/power prices, resulting in demand destruction ☀️ In response to high utility bills, consumers and businesses rapidly installed solar panels (highlighted in thread below)
Hawaii Advances LNG Import with Japanese Partnership
Hawaii’s long-awaited plans to import LNG are advancing… with the help of Japan 🇺🇸 🤝 🇯🇵 🚢 Jera met with US officials about building it a floating LNG import terminal and gas-fired power plant 🛢️ Meanwhile, Hawaii looks to wean its power...
Pakistan Faces LNG Shortage Within a Month
Pakistan’s LNG supply at risk of running out in less than a month 🇵🇰 🚢 Officials warn that there may not be enough gas to meet power needs after April 14 Pakistan imports 99% of its LNG from Qatar. But supplies...
LNG Demand May Surge 85% by 2050, Asia Leads
Shell says LNG demand could grow by as much as 85% through 2050 🌍 🚢 Asia is expected to be the main driver of demand, and further investments in new projects will be needed in the 2030s and 2040s to...
Australia Seeks Foreign Gas Investment Amid Middle East Turmoil
Australia is lobbying for more overseas investment in its gas resources as the Middle East conflict riles energy markets 🇦🇺💰 https://t.co/GpZPpkrjwB https://t.co/pVWyatVjys
Pentagon Predicts Iran Conflict Will Last 4‑6 Weeks
A top aide to President Donald Trump said the Pentagon estimates the Iran war, now in its third week, would take between four and six weeks Oil and gas traders: https://t.co/2Lh3zW2EXR
US LNG Demand Soars, Venture Global Expands Plant
MORE US LNG EXPORTS 🇺🇸 🚢 Venture Global will move forward with an $8.6 billion expansion of its third LNG plant in Louisiana Global demand for US LNG is surging as the war in the Middle East cuts off shipments from...
South Korea Accelerates Nuclear Restarts Amid Middle East Fuel Crisis
South Korea will speed up the restart of nuclear reactors undergoing maintenance to secure energy as the war in the Middle East chokes fossil fuel supplies 🇰🇷☢️ The nation will seek to start two units this month, and a further four by...
Qatar's Ras Laffan Outage Tightens LNG Market, Spikes Prices
The world's largest LNG plant hasn't exported a shipment in five days. That's the longest streak since at least 2008 🇶🇦⚠️ Qatar shut its Ras Laffan facility last week after a drone attack The longer Qatar's outage continues, the tighter the market...
India Redirects LPG to Homes Amid Gas Shortage
INDIA GAS SHORTAGE 🇮🇳 ⚠️ India invoked emergency powers to redirect LPG away from industrial users to households LNG supplies to petrochemical and power plants are being curbed The crisis in the Middle East is throttling India’s LPG and LNG supply https://t.co/ujn00XTSnf
European Gas Prices Plunge 17% After Trump’s Market Reassurance
European gas prices drop after Trump’s effort to calm the market 📉📉 Dutch TTF futures fell as much as 17%, the biggest intraday decline since 2023 Prices had been steadily rising over the last week following the closure of the world’s largest...
WTI Crashes 10% to $85.52 After Comments
Oil plummeted on these comments West Texas Intermediate slumped as much as 10% to $85.52 a barrel, after climbing to nearly $120
LNG Glut Vanishes, Raising Deficit Shock Concerns
And as the forecasted 2026 LNG supply glut disappeared, I couldn’t help but wonder… was I too one supply shock away from flipping into a deficit? https://t.co/gGw2ZO9NRr
Qatar Delays LNG Expansion to 2027 After Drone Attack
Qatar is pushing back the start of its new LNG expansion project to 2027 🇶🇦⚠️ The move comes after the Ras Laffan facility was hit with an Iranian drone attack This threatens to further curb global gas supply and push back an...
Rising Heat Deepens Southeast Asia’s Energy Crunch
Hotter weather threatens to worsen Southeast Asia's energy crunch ⚠️🌡️ Above average temperatures forecast for March-May, said the ASEAN Specialised Meteorological Centre on Friday The region relies on gas from the Middle East to meet peak demand https://t.co/jIpi4vUCIU
Qatar Outage Wipes Out LNG Glut, Risks Deficit
LNG GLUT CANCELED FOR ANOTHER YEAR 🚢⚠️ Qatar's production halt is likely to remove most of a glut Morgan Stanley forecast for this year. The bank now sees a 2m ton overhang Any extension in the Qatar outage beyond one month “quickly...