LNG / Natural Gas News
Latest lng / natural gas coverage from Oil Authority and industry sources
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Venture Global Raises 2026 EBITDA Guidance to US$10.0 Billion to US$10.3 Billion After Record Quarter
Venture Global lifted its 2026 outlook after a record quarter, started Plaquemines Phase 1 sales and signed frame deals for 16 data center power islands.
QatarEnergy Secures 7 Mtpa of US Gulf Coast LNG From Cheniere and Woodside as LNG Canada Phase 2 Adds North American Supply
QatarEnergy signed 7 Mtpa of US LNG from Cheniere and Woodside for 2030s delivery as IEA data shows Gulf loadings fell 60 bcm and LNG Canada doubles capacity.
TTF Settles at 88.08 Euros as IEA Sees Record 3% LNG Supply Drop and German Gas Storage Falls to 60%
Dutch TTF gas settled at 88.08 euros on Nov. 4 as the IEA forecast a record 3% fall in 2026 LNG supply and German storage fell to 60.25% full.
European Gas Settles at 103.94 Euros as EU Storage Holds at 74.7% and the Henry Hub Gap Reaches $31.62
Dutch TTF December gas settled at 103.94 euros per MWh on Oct. 30 while EU storage held at 74.69%, leaving Europe about $31.62 above Henry Hub.
TTF November Gas Settles Above 90 Euros for the First Time as EU Storage Holds at 74.67%
ICE Endex TTF November gas settled at 90.04 euros on Oct. 22, up 3%, as AGSI data showed EU storage at 74.67%, about 91 LNG cargoes short of last year.
UK Clears Jackdaw Gas Field, Expected to Lift Domestic Output About 6% at Peak, as EU Storage Starts to Draw
The UK agreed the NSTA can consent Jackdaw, about 40 million boe over its life, as EU storage fell to 74.57% and TTF settled at 85.06 euros on Oct. 20.
Norway Gas Output Falls 12.6% to 298.4 Million Cubic Metres a Day in September, 6.7% Below Forecast
The Norwegian Offshore Directorate said September gas output fell to 298.4 million Sm3 a day, 21.4 million below forecast, worth about 19 million euros daily.
UKMTO Reports Skiff Fired on LNG Tanker off Yemen as TTF-Henry Hub Gap Reaches $25.68 per MMBtu
UKMTO said a skiff fired on an LNG tanker in the Gulf of Aden on Oct. 17, as TTF settled at 88.04 euros and its gap to Henry Hub reached $25.68.
Japan Day-Ahead Power Clears at 31.15 Yen per kWh, Highest Since December 2022, as Gas Fuel Cost Nears 91% of Price
JEPX's system price for Oct. 20 delivery rose 26.3% on the week to 31.15 yen per kWh, the highest since Dec. 23, 2022, as sell bids fell 5.6%.
EU Gas Storage at 74.33% Trails Last Year by About 94 LNG Cargoes as TTF Settles at 87.55 Euros
AGSI data put EU storage at 74.33% on Oct. 16, 103.3 TWh below a year earlier, as ICE Endex TTF November futures rose 7.5% on the week to 87.55 euros.
South Korea Pivots to Coal and Nuclear as JKM LNG Reaches $29.84 per MMBtu and Qatari Cargoes Stay Behind Hormuz
South Korea turns to coal and nuclear as Asian LNG hits $29.84 per MMBtu, up 86% since April, with Qatar's Hormuz cargoes still stranded this winter.
EU Gas Storage Reaches 73.46% as ICE Endex TTF November Settles at 81.43 Euros
EU gas storage reached 73.46% on Oct. 9, against 82.82% a year earlier, as ICE Endex TTF November settled at 81.43 euros per megawatt hour.
Corpus Christi LNG Stage 3 and ERCOT Heat Drive US Gas Storage 125 Bcf Below Year-Ago as Injection Season Nears Close
US gas storage lags year-ago by 125 Bcf at 3,298 Bcf as Corpus Christi LNG Stage 3 and Texas heat pull South Central into a rare injection-season draw.
TotalEnergies Completes Arctic LNG 2 Exit, Transferring 10% Stake to Novatek's NordLine With $1.3 Billion in Loans Frozen by Sanctions
TotalEnergies handed Arctic LNG 2's 10% stake to NordLine, a Novatek unit, keeping $1.3B in loan claims locked until sanctions lift as TTF hits 68.82 EUR/MWh.
Equinor and Uniper Sign 15-Year Gas Supply Deal for Germany, Delivering 2.8 Billion Cubic Metres Per Year Through 2041
Equinor and Uniper signed a 15-year deal to supply 2.8 bcm of gas annually to Germany from 2027, as European TTF prices climb on supply disruptions.
QatarEnergy Declares Force Majeure as Ras Laffan Ships Just 18 Cargoes in Six Months, European TTF Prices Up 103%
QatarEnergy declared force majeure as Hormuz restrictions cut Ras Laffan's cargo count by 96%, sending European TTF gas prices up 103% in a year.
Equinor and German State-Owned Uniper Sign 15-Year Troll Gas Deal as European Winter Supply Risks Mount
Equinor signed a 15-year Troll gas deal with German state-owned Uniper on Monday, as Goldman Sachs flagged a deepening European winter supply gap.
Hormuz LNG Disruption and European Storage Deficit Push TTF to €55.55 Per MWh, Opening $16 Per MMBtu Gap With Henry Hub
TTF settled at €55.55/MWh Friday while Henry Hub sits at $2.66, a $16/MMBtu gap as Hormuz LNG disruption strips Europe of Qatari spot cargoes.
BP Takes Full Ownership of Calypso Deepwater Gas Block in Trinidad After Woodside Exits 70% Stake
BP agreed to buy Woodside Energy's 70% stake in the Calypso deepwater gas block off Trinidad, becoming sole owner as it seeks new feed gas for Atlantic LNG.
EU Gas Storage at 17-Year Seasonal Low Limits Iran Diplomatic Relief; TTF-Henry Hub Spread Stays at $15.30 Per MMBtu
EU gas storage at 57%, a 17-year seasonal low, limits Iran diplomacy's price impact while the TTF-Henry Hub spread holds at $15.30 per MMBtu.
First Qatar LNG Ship Through Hormuz in Weeks Cannot Offset $20 Billion Annual Ras Laffan Revenue Loss
A first Qatari LNG ship cleared the Strait of Hormuz after three weeks, but Ras Laffan repairs could take five years and cost $20 billion annually.
QatarEnergy Buys 33 US LNG Cargoes to Honor Asian Contracts as Ras Laffan Output Drops to 4 Shipments Weekly
QatarEnergy bought 33 US LNG cargoes in 2026, up from 4 last year, as Ras Laffan war damage costs $20B annually and Venture Global fills Asian supply gaps.
European Gas Hits Three-Year High as Qatar Ras Laffan Drops to 4 LNG Cargoes Weekly on Hormuz Crisis
TTF European gas rose to its highest level since January 2023 as Qatar's Ras Laffan dropped to just 4 LNG cargoes per week, up 37.79% in a month.
Eni and TotalEnergies Sanction Cyprus Cronos Gas Field to Send 2.8 Million Tons of LNG Annually to Europe via Egypt
Eni and TotalEnergies sanctioned Cyprus' first gas project, the Cronos deepwater field, targeting 2.8 MTPA of LNG for European buyers via Egypt by 2028.
Libya Protesters Enter Mellitah Gas Complex, Threatening Greenstream Pipeline to Italy
Libyan protesters entered the Mellitah gas hub, threatening Italy's Greenstream supply of 11 Bcm per year and 17.9 million euros of daily gas flow.
Japan's $33 Billion US Energy Package Links AI Data Centers to Texas VLCC Crude Port and Mitsubishi's Aethon Energy Acquisition
Japan's $33B US energy push covers a gas-and-data-center complex, a Texas VLCC crude port, and Mitsubishi's Aethon buy, backed by JBIC and MUFG.
QatarEnergy LNG Force Majeure Extends Through October as Hormuz Closure Drives Buyers Toward US Supply
QatarEnergy extended LNG force majeure through October while Hormuz stays closed, pushing the US-to-Europe gas price spread to $16.89 per MMBtu.
DOE Issues 20-Year LNG Export Authorization to Argent LNG at Port Fourchon as Ukraine and Bangladesh Sign Buyer MOUs
DOE Order No. 5447 authorizes Argent LNG to export 25 million metric tonnes per year from Port Fourchon, Louisiana, with first cargo targeted for 2030.
TTF European Gas Climbs to EUR 63 Per Megawatt-Hour, Highest Since January 2023, as Iran Strikes Cut Persian Gulf LNG and EU Storage Trails Seasonal Norm
TTF gas hit EUR 63/MWh on July 24, highest since January 2023, as US Iran strikes cut Gulf LNG supply and EU storage trails seasonal norms by 13 points.
Asian LNG Spot Price Hits $21.35 as Qatari Outage Removes 12.8 Million Tonnes and Pakistan Cuts Imports 75 Percent
JKM LNG settled at $21.35/MMBtu Tuesday as 12.8 million tonnes of Qatari capacity stay offline 3-5 years; Pakistan cuts LNG imports 75% and pivots to coal.
European Gas Storage Falls to 53 Percent as TTF Climbs 91 Percent Year-on-Year and Equinor Warns 80 Percent Winter Target Will Be Missed
Equinor warns Europe will miss its 80 percent gas storage target as TTF surges 91 percent year-on-year and US LNG arbitrage hits $17.67 per MMBtu.
ADNOC Greenlights $6.2 Billion Umm Shaif Gas Cap FID with TotalEnergies, Eni and CNPC Targeting 600 MMscfd by 2030
ADNOC approved a $6.2B FID for Umm Shaif Gas Cap offshore Abu Dhabi, with TotalEnergies, Eni and CNPC as partners, targeting 600 MMscfd by 2030.
EQT Tops Q2 Volume Guidance at 634 Bcfe, Raises 2026 Outlook to 2,450 Bcfe and Inks Asian LNG Offtake Deal
EQT's Q2 production hit 634 Bcfe, topping guidance, while a new Asian LNG deal and $6B FCF scenario underscore the Appalachian giant's bet on export markets.
JKM Asian LNG Reaches $20.20 Per MMBtu as Hormuz Blockade Strands Qatar Exports, Widening Henry Hub Spread to $17.35
Asian LNG hit $20.20 per MMBtu as Qatar cargoes halted at Hormuz for a third day lifted the Henry Hub spread to $17.35 per MMBtu for US exporters.
US LNG Exports Reached 18.5 Billion Cubic Feet Per Day in March 2026, Topping EIA Full-Year Forecast of 17.4 Bcf Per Day
US LNG exports averaged 17.9 Bcf/day in April 2026, topping EIA's full-year forecast of 17.4 Bcf/day and pointing to a new supply record this year.
China's Qatar LNG Imports Fall 97.9% in Second Quarter as PetroChina and Sinopec Seek Hormuz-Free Contracts
China's Qatar LNG imports fell 97.9% in Q2 2026. PetroChina and Sinopec are seeking 10-year non-Hormuz contracts. Canada's LNG Canada is a leading option.
EU Gas Storage at 49 Percent Capacity as TTF Hits $19 Per MMBtu and Winter Rebuild Window Narrows
EU gas storage at 49% of capacity, below seasonal norms, as TTF climbs 42% in July to $19.27/MMBtu and QatarEnergy force majeure blocks winter rebuild.
Pakistan Pays $20.70 Per MMBtu for Spot LNG, Highest Since 2022, as QatarEnergy Force Majeure Extends Through August
Pakistan bought emergency spot LNG at $20.70/MMBtu, highest since 2022, as QatarEnergy's force majeure through August leaves Islamabad scrambling.
TotalEnergies Ships First LNG Cargo from Mexico's ECA Plant to Asia, Capturing 52 Percent of Output Under 20-Year Offtake
TotalEnergies shipped the first LNG cargo from its ECA plant in Baja California to Asia, under a 1.7 Mtpa 20-year offtake from Sempra Infrastructure.
EIA Raises Henry Hub to $3.67 for 2026 as Hormuz Crisis Drives TTF-Henry Hub Gap to $14.85 Per MMBtu
EIA raised Henry Hub 2026 to $3.67, spot at $2.94. A $14.85 gap versus TTF hands US LNG exporters $94 billion in gross margin as Qatar halts Hormuz shipments.
Henry Hub Falls to Two-Month Low at $2.88 as Freeport LNG Maintenance Trims US Exports, TTF Surges 3.7 Percent
Henry Hub fell to $2.88, a two-month low, as Freeport LNG maintenance removed US export demand; the Henry Hub-TTF spread widened to $15.57 per MMBtu.
BloombergNEF Delays Global LNG Surplus to 2028 as JKM Surges to $19.50 Per MMBtu and Pakistan Secures Emergency Spot Cargoes
BloombergNEF delayed the global LNG glut to 2028 as Hormuz risks sent JKM to $19.50 per MMBtu. Pakistan is racing to secure emergency spot cargoes.
EU Russian LNG From Yamal Hits Record 9.97 Million Tonnes as Hormuz Crisis Cuts Qatar Flows and TotalEnergies Stake Gains
EU Russian LNG imports from Yamal topped 9.97 million tonnes as Iran's Hormuz closure cut Qatar flows, lifting TTF gas 4.5% to €53.77 per MWh.
Pakistan Seeks Emergency Spot LNG for July as Qatari Cargo Canceled and Ras Laffan Runs at 83 Percent Capacity
Pakistan issued its second emergency LNG tender in two weeks as Hormuz tanker stalls and Qatari cargo cancellations leave South Asia facing a July supply gap.
Qatar Issues First Gulf-State Maritime Suspension, Ras Laffan LNG Frozen as TTF Surges 3.35%
Qatar's first-ever maritime suspension has frozen Ras Laffan LNG. TTF rose 3.35% to EUR 50.43/MWh as the Henry Hub-TTF spread reaches $14.55 per MMBtu.
Sempra Infrastructure and TotalEnergies Ship First LNG Cargo From ECA Phase 1, Opening Pacific Export Route for Permian Basin Gas
Sempra and TotalEnergies shipped the first LNG cargo from Mexico's ECA Phase 1 to Asia on July 9, opening the shortest Pacific route for Permian Basin gas.
ADNOC L&S Orders Four LNG Carriers as UAE Crude Output Hits Record 4.1 Million Bpd in June
ADNOC L&S placed a $900M order for four LNG carriers as UAE crude hit an all-time high of 4.1 million bpd in June 2026, doubling pre-pandemic output.
QatarEnergy Halts Ras Laffan LNG Ramp-Up After Iran Strikes Al Rekayyat Carrier, JKM Reaches $16.58 Per MMBtu
QatarEnergy CEO Saad Al-Kaabi has paused the Ras Laffan LNG ramp-up after Iran struck the Al Rekayyat tanker, pushing Asian JKM spot to $16.58 per MMBtu.
ADNOC Signs 15-Year Ruwais LNG Deal With INPEX and Launches 47 MTPA Trading Platform as Asia Seeks Supply Security
ADNOC secured a 15-year, 1 mtpa LNG deal with Japan's INPEX and launched a unified trading platform targeting 47 mtpa of supply by 2035 from Abu Dhabi.
Freeport LNG Takes 17 MTPA Terminal Offline Through Late August as Henry Hub Extends to Six-Week Low of $2.96
Freeport LNG's 17 MTPA terminal goes offline through late August, stranding 2.3 Bcf/d and driving Henry Hub to a six-week low of $2.96 per MMBtu.