distribution

Asia LNG prices hit 7-week high as demand rises and Iran conflict stirs risk

Asia spot liquefied natural gas rose this week to its highest level in seven weeks as stronger early summer demand and supply risks tightened availability and geopolitical uncertainty around the Iran conflict keeps markets on edge.

Opinion: Australia's LNG industry worries it will miss the huge opportunities from Iran war

Senior industry executives speaking at the annual Australian Energy Producers (AEP) conference this week were all singing from the same song sheet, repeatedly hammering their view that Australia needs to get its policy settings correct in order to restore confidence and spur renewed investment.

Inpex signs commercial gas contract for Abadi LNG with Indonesia state firms Pupuk Indonesia, PLN, PGN

The Abadi LNG project is expected to produce around 1.2 Bft3d of gas, and most have been allocated to domestic and overseas buyers.

Tanker delivers Russian LNG to China after almost six months at sea

Depending on the route, it usually takes up to 45 days to deliver an LNG cargo from Russia to Asia.

Russia faces lower LNG revenue as shift to Asia doubles costs

The European Union plans to fully phase out Russian LNG imports from the beginning of 2027 as part of its sanctions pressure on Moscow over the war with Ukraine.

Argent LNG gains unanimous Louisiana (U.S.) legislative support

The facility is planned for Port Fourchon, one of the Gulf Coast’s primary offshore energy logistics hubs and a key support base for Gulf of America offshore operations.

U.S. LNG vessels left for China after year-long pause ahead of Trump-Xi summit

While other LNG tankers have left U.S. ports and said they were headed to China over the past year, none have gone from the United States directly to China since Trump returned to the presidency in January 2025, amid simmering trade disputes between the two countries.

Iraq, Pakistan strike energy deals with Iran as Tehran flexes Hormuz control

The U.S. has blockaded Iranian ports in recent weeks. And though Iran initially sought to halt traffic through the strait, that stance is now changing.

EU's rising reliance on U.S. gas brings risks, regulators warn

EU countries have tripled imports of U.S. liquefied natural gas since 2021 as they race to phase out Russian energy.

Venture Global signs new LNG supply deals with TotalEnergies, Vitol

Venture Global is charging customers more than double the long-term LNG price for its five-year deals with the shorter contracts, reducing the company's risk profile.

Russia revises down oil and gas production and exports forecasts for 2026–2029

Russia has faced challenges to its oil and gas industry, including western sanctions and Ukrainian drone attacks on its energy infrastructure which led to oil output decline in early April.

ControlAir releases new signal operated back pressure regulators

These advanced regulators are engineered to deliver accurate, stable pressure control and high flow capacity across a wide range of industrial pneumatic applications.

India declines Russian LNG under sanctions, talks continue on permitted cargoes

India’s purchases of Russian crude have meanwhile continued unabated, aided by a temporary waiver of U.S. sanctions introduced to help countries cope with an energy crisis resulting from the U.S.-Israeli war on Iran.

NextDecade sees Middle East conflict boosting long-term LNG ship charters

With growth in LNG exports, the shipping industry is on track to build 100 carriers a year, with new ships carrying up to 15% more than current tankers.

Australia requires LNG exporters reserve 20% of gas for east coast market

Three liquefied natural gas export projects on the east coast operated by Origin Energy, Shell and Santos will be affected by the reservation scheme.

Engie's LNG chief says Europe should have enough gas this winter

With the European Union's plan to phase out Russian LNG imports by the end of 2026 and Russian pipeline gas by the end of September 2027, more Eastern European countries have approached Engie asking for a similar supply deal to the one the company has reached with Hungary.

QatarEnergy extends force majeure on Edison LNG supply to early July

Edison, a unit of French energy group EDF, said in a statement that QatarEnergy would not deliver the two cargoes, on top of the 10 that have been cancelled since the start of the U.S.-Israeli war on Iran.

Second ADNOC LNG tanker crosses Strait of Hormuz amid Iran war

The 136,357-m3, Mraweh, which is chartered by ADNOC GAS, was shown loaded off Indonesia on Wednesday.

Equinor: Iran war lifts Asia-Pacific interest for Norwegian petroleum products, LNG

The conflict has effectively closed the Strait of Hormuz, a choke point for energy exports from producers in the Gulf, especially affecting clients in Asia.

Gunvor signs long-term LNG supply deal with Delfin Midstream

Gunvor will receive 300,000 metric tpy of LNG for 20 yrs from the Delfin FLNG1 facility.

Petronet expects Qatar to start LNG exports in 3–4 wks of Iran war end

Petronet has started getting supplies under its new 1.2-MMtpy supply deal with ExxonMobil from Australia's Gorgon project

Russia's LNG exports up 8.6% in January to April

U.S. sanctions against Moscow over the Ukraine conflict have restrained Russian LNG exports, particularly from the Arctic LNG 2 plant, where operations have been hindered owing to difficulty securing buyers.

Booming U.S. energy exports draw scrutiny as domestic fuel prices bite

U.S. exports of gasoline, diesel, crude oil, LNG, jet fuel and ethane all surged to record highs so far in 2026 as energy firms capitalized on the disruptions to Middle East shipments and catered to urgent orders from customers around the world.

U.S. LNG exports to Asia surged in April as Middle East conflict curtailed supply

Nearly a quarter of all U.S. LNG exports went to Asia during the month, marking a sharp increase since the conflict began in late February and underscoring the growing role of the U.S. as a swing supplier amid elevated prices and strained global gas flows.

LNG Canada exports hit 1 MM tonnes for first time in single month

All volumes produced by the plant went to Asia in April, with more than half sold to South Korea. One cargo was delivered directly to China.

Woodside struggles to sell LNG volumes at Louisiana LNG plant

The Australian energy producer has so far announced only one long-term sales and purchase agreement for the project, a deal with Germany’s Uniper covering up to 2 metric MMtpy.

While Asia and Europe scramble for natural gas, the U.S. glut has nowhere to go

The war and Iran's attacks on Gulf energy producers have halted 20% of global liquefied natural gas (LNG) supply.

South Korea, Australia agree to strengthen energy supply chain resilience

South Korea is a key energy partner of Australia as the largest supplier of diesel and third-largest source of jet fuel, Wong said. Australia is South Korea's largest source of liquefied natural gas (LNG).

(U.S.) Ares to acquire Rover natgas pipeline stake from Blackstone

Ares said funds led by its Infrastructure Opportunities strategy would buy 32.4% of Rover, a pipeline system spanning around 700 mi (1,130 km) in Pennsylvania, West Virginia, Ohio and Michigan which moves natural gas from the Appalachian shale basin to Midwestern markets and beyond.

Russia adds four LNG tankers to its fleet before Europe's imports ban

The European Union in January gave its final approval to a ban on Russian gas imports by late 2027.