Middle East
Iran ceasefire eases fears but LNG sector left scarred
A Middle East ceasefire signals de-escalation, but the conflict has scarred the global LNG industry, denting confidence in Gulf suppliers and raising doubts among Asian buyers, particularly poorer countries, over the fuel’s reliability and affordability, a top industry executive said.
QatarEnergy preparing for LNG production startup
In March, QatarEnergy halted production of LNG and associated products due to military attacks on facilities in Ras Laffan and Mesaieed.
Loaded Qatar LNG vessels retreat after nearing Strait of Hormuz
Had the vessels successfully crossed the strait, it would have been the first transit of LNG cargoes through the waterway since the U.S.-Israel war with Iran began on February 28.
ADNOC Gas says domestic demand still being met after Habshan attack
ADNOC Gas said that domestic demand in the UAE was being met through its other facilities after its Habshan complex in Abu Dhabi was hit by debris from an intercepted attack on Friday. The attack, which killed one Egyptian citizen, "caused damage to certain facilities" at the Habshan complex, ADNOC..
Japanese-owned LNG tanker crosses the Strait of Hormuz
Until U.S.-Israeli attacks on Iran began at the end of February, leading to the effective closure of the Strait, it was the route for about a fifth of global oil and liquefied natural gas supplies.
Saudi Aramco and Sonatrach raise LPG prices for April by between 38% and 80%
Saudi Arabia's state oil producer Saudi Aramco and Algeria's Sonatrach have raised official selling prices for liquefied petroleum gas in April by between 38% and 80% due to limited global supply, traders said. The war in the Middle East has led to the largest energy supply crisis in decades, pushi..
Mexico’s AMIGO LNG Signs 20-Year Supply Deal with Abu Dhabi’s IRH
International Resources Holding (IRH), part of 2PointZero Group, has signed a 20-year agreement to purchase 1 MMtpy of LNG from Mexico’s AMIGO LNG export project in Guaymas, Sonora. Deliveries are set to begin in the second half of 2028, once the facility becomes operational. The project’s Pacific c..
Iran war is both a boost and a threat to Australia's LNG
The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.
Edison says Qatar still evaluating impact of Iran attack on LNG supply
A pause in LNG supply until mid‑June, which QatarEnergy notified the Italian utility of last week, was mainly due to the shipping blockade in the Strait of Hormuz.
Kazakhstan decides against Shell, Eni participation in Karachaganak gas plant project
Kazakhstan will not proceed with constructing a gas processing plant at the Karachaganak field in partnership with Shell and Eni, said PSA LLP, the government body overseeing major oil and gas projects under production sharing agreements.
Iran war deals harder blow to natural gas than oil
Key gas infrastructure - liquefaction plants in particular - is more complex and expensive to build and repair than the oil equivalent. That means oil refineries can often resume operations more quickly than liquefied natural gas export hubs after a shutdown.
UAE's ADNOC Gas adjusts LNG output in response to shipping disruption
The gas subsidiary of ADNOC, Abu Dhabi's state oil firm, said it made temporary adjustments to its production of liquefied natural gas and export-traded liquids in response to ongoing shipping disruption in the Strait of Hormuz. The U.S.-Israeli war on Iran escalated sharply over the weekend after ..
ADNOC L&S confirms early delivery of LNG Carrier ‘Arada’
ADNOC Logistics and Services confirmed the early delivery of Arada, a 175,000-m³ liquefied natural gas (LNG) carrier constructed by Jiangnan Shipyard in China. Arada is the fifth of six newbuild LNG carriers ordered by ADNOC L&S as part of its ongoing fleet expansion program. Following delivery, ..
Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years
Will have to declare force majeure on LNG contracts for up to five years Some 12.8 million tons per year of LNG offline Means about $20 billion of lost annual revenue ExxonMobil holds stakes in damaged LNG facilities Will also impact condensate, LPG, helium, naphtha exports Qatar's North Fi..
Iran's giant South Pars gas field at the center of Gulf war escalation
The reservoir contains an estimated 1,800 Tft3 (51 Tm3) of usable gas - enough to supply the world's needs for 13 years.
QatarEnergy CEO: Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years
Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 B in lost annual revenue and threatening supplies to Europe and Asia.
Qatar’s Ras Laffan LNG hub hit by missile attack, ‘extensive damage’ reported
QatarEnergy says missile attacks caused extensive damage at Ras Laffan Industrial City, a key LNG export hub, raising concerns about disruptions to global gas supply.
Qatar offloads five LNG slots at Belgium's Zeebrugge terminal for April
Qatar, the world's second-largest exporter of LNG, announced a production halt at its 77-metric MMtpy facility earlier this month and declared force majeure on LNG shipments because of the intensifying conflict in the Middle East.
Asia pivots to coal as Middle East conflict chokes LNG supply
Asian utilities are boosting coal-fired power generation to cut costs and safeguard energy supply, industry officials say, as the U.S.-Israeli war on Iran chokes liquefied natural gas (LNG) shipments and soaring prices threaten to suppress LNG demand.
Uzbekistan improves gas network to benefit households and businesses
The World Bank has approved a $10.6-MM grant to help Uzbekistan reduce leaks in its aging gas transmission system and recover valuable gas to power households and industry, boosting energy security, state revenues and job creation.
Helium prices soar as Qatar LNG halt exposes fragile supply chain
Because helium is extracted as a byproduct of natural gas processing, any disruption to LNG output directly cuts helium supply.
Shell declares force majeure to clients who buy Qatari LNG
Qatar, the world's second-largest exporter of LNG, announced a production halt at its 77-MMtpy facility last week and declared force majeure on LNG shipments.
Conflict tensions with Iran add new pressure to rising U.S. energy prices
Energy Professionals, an energy consulting firm in the United States, says the escalating conflict with Iran could add new pressure to already rising electricity and natural gas prices across the country.
Iran war causes major oil, gas disruptions
The U.S.-Israeli war on Iran and Tehran's attacks on Gulf neighbors have disrupted oil and natural gas exports from the Middle East and forced production stoppages.
Russia gets export boost from Iran war as price of oil to India surges
The Iran conflict, now in its seventh day, has left the Strait of Hormuz, a critical shipping chokepoint, all but shut, cutting countries off from a fifth of global oil and liquefied natural gas (LNG) supplies.
QatarEnergy offers 10 LNG tankers for lease amid production halt, soaring shipping rates
Qatari Energy Minister Saad al-Kaabi told the Financial Times it would take "weeks to months" to return to normal deliveries, even if the war ended today.
Charting the widening impact of the Iran crisis on energy markets
The repercussions of the ongoing U.S.-Iran war are being felt across the world, with U.S. fuel prices, European natural gas costs and Asian tanker freight rates all jumping sharply since strikes began at the weekend.
More tankers come under attack as U.S.-Iran conflict spreads in the region
Nine vessels have come under attack since the conflict broke out between the U.S., Israel and Iran on Saturday. Iran launched a wave of missiles at Israel early on Thursday and also sent drones into Azerbaijan
There is little U.S. LNG producers can do to immediately replace lost Qatari cargoes
While almost double the 10 Bft3d Qatar was forced to remove from the market on Monday after a wave of attacks, American export plants are running nearly full tilt with most cargoes locked into long‑term contracts.
Russia blames Ukrainian drones for attack on LNG ship in Mediterranean
If confirmed, it would be the first time that Ukraine has attacked a Russian LNG carrier.
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- Qatar’s Ras Laffan LNG hub hit by missile attack, ‘extensive damage’ reported
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years
