LNG / Natural Gas News
Latest lng / natural gas coverage from Oil Authority and industry sources
Oil Authority Analysis72 articles
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.
Hormuz Tanker Halt Pushes Asian LNG Spot to $16.07/MMBtu as Pakistan Scrambles for Emergency Cargoes and Henry Hub Drops 6.6 Percent
Asian LNG spot (JKM) holds at $16.07/MMBtu while Hormuz forces Pakistan onto the spot market. Henry Hub dropped 6.6% to $3.00, widening US LNG export margins.
Wood Mackenzie Projects Henry Hub at $5 by 2035 as AI Demand and LNG Exports Squeeze the US Gas Surplus
Wood Mackenzie projects Henry Hub toward $5 per MMBtu by 2035 as AI data centers add 17 Bcfd of demand, even as US LNG exports hit a record 15 Bcfd.
Glenfarne Texas LNG Issues Kiewit LNTP for 4 MTPA Brownsville Terminal, Advancing Toward Final Investment Decision
Texas LNG issued an LNTP to Kiewit Energy on July 2, clearing the way for Brownsville fabrication of 4 MTPA liquefaction modules ahead of FID.
Henry Hub Climbs to $3.25 as Heat Wave Power Demand and Golden Pass Feedgas Pull Tighten US Gas Balance
Henry Hub rose 1.53% to $3.25/MMBtu on July 3 as summer heat wave power demand and Golden Pass Train 1 feedgas pull absorb Haynesville gas supply.
JKM LNG Averaged $17.33 Per mmBtu in June as Japan Gas Generation Fell 16%, Pushing All Asian Buyers to Coal
JKM spot LNG averaged $17.33 per mmBtu in June, 70% above pre-war levels, as Japan's gas generation fell 16% and all Asian buyers shifted to cheaper coal.
BlackRock-Backed Delfin Midstream Takes FID on First US Floating LNG Terminal, Adding 4.4 MTPA by 2030
Delfin Midstream took FID on America's first floating LNG terminal off Louisiana as Wood Mackenzie warns the cheap Henry Hub gas era is ending.
Canada and BC Fast-Track Four LNG Projects Adding 31.4 Million Tonnes of Coastal Export Capacity
Ottawa and BC will fast-track four coastal LNG projects, adding 31.4 million tonnes of Pacific export capacity toward Canada's 100 Mtpa goal.
Henry Hub Falls to $3.16 While TTF Holds at 43.79 EUR per MWh, Pushing the Gross LNG Export Spread to $11.47 per MMBtu
Henry Hub fell to $3.16 while TTF climbed to 43.79 EUR per MWh on July 2, widening the gross US LNG export spread to an estimated $11.47 per MMBtu.
BC Premier Eby Meets PetroChina in Beijing Over LNG Canada Phase 2 Investment Decision as Kitimat Targets 28 MTPA Total Capacity
BC Premier David Eby is in Beijing pitching LNG Canada Phase 2 to PetroChina ahead of a final investment decision worth $28 billion in provincial revenue.
Baker Hughes and Nigeria LNG Seal 13-Year Turbomachinery Deal for Train 7, Lifting Bonny Island to 30 Million Tonnes Per Year
Baker Hughes clinches a 13-year turbomachinery service deal with Nigeria LNG as Train 7 raises Bonny Island's capacity from 22 to 30 million tonnes per year.
TotalEnergies and BP Each Acquire 10% in Abu Dhabi's Bab Gas Cap Concession, Targeting 1.5 Bcf/d
TotalEnergies and BP each secured 10% in Abu Dhabi's Bab Gas Cap, targeting 1.5 Bcf/d and 2.19 trillion cubic feet over a 40-year ADNOC-led concession.
Europe Gas Storage at 46.7 Percent Sits 18 Points Below Seasonal Norm With Ras Laffan LNG Disruption Narrowing the Winter Injection Buffer
EU storage hits 46.7% but sits 18 points below the seasonal norm, with just 5 days of injection buffer before Europe misses its 90% winter target.
Barzan Facility Explosion at Ras Laffan Injures 54 and Derails QatarEnergy LNG Restart as EU Gas Storage Falls to 45.56%
QatarEnergy's LNG restart stalls after a Ras Laffan explosion on June 21 left 54 injured and 18 missing, as EU gas storage sits at just 45.56%.
Equinor Approves $412 Million TWIN Project at Troll Field with Shell, TotalEnergies and ConocoPhillips
Equinor and four partners approved a $412 million TWIN subsea project at Norway's Troll field, adding 11 billion cubic metres with a 2028 first-gas target.
TTF Gas Falls 9% on Iran MOU but Qatar Ras Laffan Damage Cuts 12.8 mtpa of LNG for Five Years
TTF gas fell to EUR41.34/MWh on June 18, down 9% since the Iran MOU, but Qatar's Ras Laffan damage cuts 12.8 mtpa of LNG supply for up to five years.
QatarEnergy Targets 80 Percent Ras Laffan LNG Output Within 60 Days as Shell, TotalEnergies and ExxonMobil Joint Ventures Prepare for Restart
QatarEnergy targets 80% of Ras Laffan LNG capacity within 60 days, recovering $16B in annual revenue as Shell and ExxonMobil JV partners lift force majeure.
Inpex Ichthys LNG Strike Ends After $200 Million Loss as Qatar Prepares Restart and TTF Drops 17% on Hormuz Ceasefire
Inpex's Ichthys LNG in Darwin ended a costly strike June 17 after $200M lost, as Qatar prepares Ras Laffan restart and TTF falls 17% on Hormuz ceasefire.
EIA Raises Henry Hub 2026 Forecast to $3.60 as US LNG Exports Hit 16.6 Bcf Per Day
EIA raised its 2026 Henry Hub forecast to $3.60 per MMBtu, up from $3.50 in May, as US LNG exports hit 16.6 Bcf per day and Asia took 36% of shipments.
Golden Pass LNG Ships First Cargo for QatarEnergy as Hormuz Crisis Tests US-Gulf Supply Strategy
QatarEnergy loaded its first Golden Pass LNG cargo on April 22 as the Hormuz closure peaked, but Train 1 ramp struggles limited the supply hedge.
Fair Work Commission Rejects Inpex Bid to Halt Ichthys LNG Strike, Clearing 400 Workers
Australia's Fair Work Commission denied Inpex's bid to halt an Ichthys LNG strike, clearing 400 workers to block cargoes worth a calculated $188M.
TTF Natural Gas Falls 5.87% to 46.78 EUR/MWh on Hormuz Deal Hopes, But Iranian Missile Damage at Qatar's Ras Laffan May Delay LNG Restart for Five Years
TTF dropped 5.87% to 46.78 EUR/MWh Friday on Hormuz deal hopes, but Iranian missile damage at Ras Laffan may delay Qatar's LNG restart for up to five years.
TTF European Gas Climbs to 49.31 Euros per MWh as US Strikes on Iran Widen Henry Hub Spread to $13.48 per MMBtu
TTF European gas climbed to 49.31 euros per MWh Wednesday, up 37% year over year, as US strikes on Iran lifted the Henry Hub-TTF spread to $13.48 per MMBtu.
Golden Pass and Freeport LNG Maintenance Cuts US Exports to 15.7 Bcf/d, Forgoing $48 Million Daily as JKM Climbs 51 Percent
US LNG exports hit 15.7 Bcf/d, a 4-month low, as Golden Pass and Freeport maintenance costs $48M daily during a Hormuz-driven JKM spike of 51% year-on-year.
Inpex Ichthys LNG Strike Threatens Japan and Taiwan Supply as June 11 Escalation Looms
Inpex Ichthys LNG workers begin rolling stoppages at Australia's 9.3 MMt/year hub, risking 8% of Japan and Taiwan LNG imports if June 11 escalation proceeds.
Europe Gas Storage at 36 Percent, Hormuz LNG Disruption Drives Summer Refill Cost to EUR 26 Billion
Europe's gas stores at 36%, well below the 50% seasonal norm. Hormuz has cut 20% of global LNG supply, pushing the EU's summer refill cost to EUR 26 billion.
Gasunie and Vopak Give EemsEnergyTerminal a Conditional Go-Ahead Through 2036, Adding 0.6 Bcm as TTF Trades $12.92 Above Henry Hub
Gasunie and Vopak backed EemsEnergyTerminal's extension to 2036 with an 8.6 bcm/year capacity target as TTF hit $16.13/MMBtu, a $12.92 premium over Henry Hub.
Golden Pass LNG Train 1 Ships First Cargo as QatarEnergy and ExxonMobil Joint Venture Adds 0.7 Bcf/d to US Export Capacity
Golden Pass LNG Train 1 shipped its first cargo April 22 as the 9th US terminal. QatarEnergy (70%) and ExxonMobil (30%) JV to add 2.0 Bcf/d total.
Henry Hub Spikes 5.6 Percent Despite 6.2 Percent Gas Storage Surplus; LNG Export Demand Narrows Buffer to 7.8 Days
Henry Hub natural gas surged 5.6% to $3.27 per MMBtu as US storage sits 144 Bcf above the five-year average, a buffer equal to 7.8 days of LNG exports.
Woodside Scarborough LNG Reaches 96% Completion as Qatar's 12.8 MTPA Supply Gap Widens
Woodside's Scarborough LNG project is 96% complete and targeting its first cargo in Q4 2026, partially offsetting Qatar's 12.8 MTPA supply gap.
Henry Hub Gains 1.5 Percent as TTF Falls 4 Percent; US LNG Exports Hit 18.4 Bcf Per Day as EIA Inventory Data Shifts to Thursday
Henry Hub climbed to $3.06 per MMBtu Wednesday as TTF fell 4.0% to EUR 45.72 per MWh and JKM dropped 2.1%, with US LNG exports at 18.4 Bcf per day.
Canada Signs Major 20-Year LNG Pact with Germany
Canada signs a 20-year deal to ship 1 million tonnes of LNG a year to Germany from B.C.'s Ksi Lisims terminal. Total volume: 20 million tonnes.
QatarEnergy Extends LNG Force Majeure Through August as TTF Jumps 4% to 47.56 Euros Per MWh
QatarEnergy extends LNG force majeure through mid-August as TTF spikes 4% to 47.56 euros per MWh, with EU gas storage 17 points below seasonal norms.
LNG Canada Phase 2 Pact Pushes FID Toward Year-End
Shell-led JV plus Ottawa and BC signed cooperation pact, targeting a year-end FID to double Kitimat LNG output from 14 to 28 million tonnes per year.
India LNG Fleet Limps Back Through Hormuz
Petronet LNG fleet runs at 33% capacity as Dahej terminal inventory falls to 2 days cover, even as India-bound tankers resume Hormuz transits this week.
Equinor Extends Troll Gas Outage to May 31
Equinor extends Troll outage to May 31 after compressor failure, sidelining 133 mcm/day of European gas as TTF holds near six-week highs at €48.69/MWh.
Asian LNG Premium Widens to $1.87 Over Europe
Asia's JKM premium over European TTF widened to $1.87 per MMBtu in May from $1.59 in April as Japan and Korea pulled cargoes east and TTF fell 3.48%.
US LNG Feedgas Falls to 16.9 Bcf per Day as Freeport, Golden Pass, Cameron Hit Maintenance
US LNG feedgas plunges to 16.9 Bcf per day as Freeport, Golden Pass and Cameron all hit spring maintenance with the Henry Hub-TTF spread above $13.
Cheniere Train 6 First LNG at Corpus Christi
Cheniere's Corpus Christi Train 6 yields first LNG, lifting Stage 3 capacity past 8 mtpa as Jack Fusco raises 2026 EBITDA guidance to $7.75 billion.
Putin, Xi Push 50 bcm Power of Siberia 2 Deal
Putin and Xi pushed Power of Siberia 2 in Beijing as Hormuz disruption cuts a third of China's LNG, but pricing terms still split the two sides.
ConocoPhillips Backs Alaska LNG Phase One FID
ConocoPhillips locks in 30-year North Slope gas supply for Glenfarne's Alaska LNG, unlocking Phase One FID on the 1,189 km pipeline to Nikiski.
TTF €50, JKM $17: Asia-Europe LNG Spread Falls
European TTF gas hit €50.36/MWh and JKM held $17.11/MMBtu. The Asia-Europe LNG spread narrows to roughly $1.10/MMBtu as Qatar's Ras Laffan stays shut.
Qatar LNG Outage Holds JKM Above European TTF
Asian JKM holds in the high-$17s per MMBtu, above European TTF, as Qatar's Ras Laffan force majeure removes 12.8 mtpa of LNG and reroutes cargoes.
Cheniere Q1 2026 Sets Record 187 LNG Cargoes, Raises Full-Year EBITDA Guidance to $7.75 Billion as Hormuz Crisis Lifts US Margins
Cheniere posts record 187 Q1 LNG cargoes, hikes 2026 EBITDA guidance to $7.75 billion as Iran war collapses Qatari LNG and lifts Sabine Pass margins.
TotalEnergies Q1 2026 Net Income Climbs 51% to $5.81 Billion as $928 Million Wind-to-LNG Pivot Channels Capital Into Rio Grande Trains 1 to 4
TotalEnergies Q1 net income rocketed 51% to $5.81B as the $928M Interior wind buyout funnels capital straight into Rio Grande LNG Trains 1-4.