LNG / Natural Gas News
Latest lng / natural gas coverage from Oil Authority and industry sources
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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.

Golden Pass LNG Ships First Cargo from Sabine Pass, Becoming 10th US Export Terminal as QatarEnergy and ExxonMobil 18 MMtpa Build-Out Begins
Golden Pass LNG ships first cargo from Sabine Pass on the Al-Qaiyyah carrier, becoming the 10th US export terminal as Hormuz tightens global LNG supply.

US LNG Exports Hit Near-Record 18.9 Billion Cubic Feet Per Day as Cheniere Completes Corpus Christi Train 5, Stage 4 Application Filed
Cheniere's Corpus Christi Train 5 hits substantial completion in March 2026, pushing U.S. LNG exports to a near-record 18.9 bcfd as Asian demand surges.

Canadian LNG Exports Draw Asian Buyers as Iranian Strikes Cut Qatar Supply Capacity 20 Percent
LNG Canada's Kitimat terminal gains urgent attention as Iranian strikes slash Qatar's export capacity 20%, driving Asian buyers to Pacific supply routes.

Golden Pass LNG Targets April 20 for First Export Cargo as QatarEnergy and ExxonMobil Texas Terminal Reaches 6 MTPA Capacity
Golden Pass LNG Targets April 20 for First Export Cargo as QatarEnergy and ExxonMobil Texas Terminal Reaches 6 MTPA Capacity. The Golden Pass LNG export.

Europe Enters 2026 Gas Injection Season at 28% Storage as QatarEnergy Force Majeure Cuts 12.8 Million Tonnes Per Year, TTF Eases to 44 Euros Per MMBtu
European gas inventories enter the 2026 injection season at 28% versus 35% last year, as QatarEnergy force majeure cuts 12.8 million annual LNG tonnes.

US LNG Exports Hit Record 17.9 Bcf Per Day in March 2026, Henry Hub Premium to European TTF Reaches 83 Percent as Hormuz Blocks Qatar
US LNG Exports shatters record 17.9 Bcf/d in March 2026, Henry Hub Premium to European TTF Reaches 83 Percent as Hormuz Blocks Qatar.

Asian LNG Imports Hit Six-Year Low as Hormuz Crisis Traps Qatar Supplies, US Terminals Near Peak Capacity
Asian LNG Imports Hit Six-Year Low as Hormuz Crisis Traps Qatar Supplies, US Terminals Near Peak Capacity.

Golden Pass LNG Train 1 Achieves First Production at Sabine Pass, Texas in QatarEnergy and ExxonMobil Milestone
Golden Pass LNG Train 1 Achieves First Production at Sabine Pass, Texas in QatarEnergy and ExxonMobil Milestone.

Shell Q1 2026 Trading Profits Surge as Pearl GTL Train 2 Faces Year-Long Repair, Qatar Conflict Cuts Integrated Gas Output
Shell Q1 2026 Trading Profits Surge as Pearl GTL Train 2 Faces Year-Long Repair, Qatar Conflict Cuts Integrated Gas Output.

Commonwealth LNG Achieves Full Commercialization at 9.5 MMtpa Louisiana Project as EQT and Glencore Expand Offtake, FID Expected Within Weeks
Commonwealth LNG Achieves Full Commercialization at 9.5 MMtpa Louisiana Project as EQT and Glencore Expand Offtake, FID Expected Within Weeks.

TC Energy Awards Coastal GasLink Phase 2 FEED to Tecnicas Reunidas as LNG Canada Eyes 5 Bcf per Day Capacity
TC Energy Awards Coastal GasLink Phase 2 FEED to Tecnicas Reunidas as LNG Canada Eyes 5 Bcf/d Capacity.

QatarEnergy Awards $10 Billion North Field West Contract to Boost LNG Output to 142 MTPA by 2030
QatarEnergy has taken a decisive step in cementing its dominance over the global liquefied natural gas market by awarding the engineering, procurement, and c...

US LNG Exports Hit Record 11.7 Million Tons in March 2026 as Qatar Disruption Reshapes Global Gas Trade
US LNG Exports shatters record 11.7M Tons in March 2026 as Qatar Disruption Reshapes Global Gas Trade. Industry analysts project that U.S.

Golden Pass LNG Produces First Gas From Train 1 as ExxonMobil and QatarEnergy Prepare Maiden Cargo
Golden Pass LNG Produces First Gas From Train 1 as ExxonMobil and QatarEnergy Prepare Maiden Cargo. Energy Information Administration (EIA).

India Oil Minister Hardeep Puri Visits Doha as Qatar LNG Supply Crisis Deepens, Ras Laffan Restart Could Take Five Years
India Oil Minister Hardeep Puri Visits Doha as Qatar LNG Supply Crisis Deepens, Ras Laffan Restart Could Take Five Years.

US LNG Exports Set All-Time Monthly Record of 11.7 Million Metric Tons in March as Cheniere Corpus Christi and Golden Pass Ramp Lifts Feedgas to 19.7 Bcf Per Day
US LNG Exports Set All-Time Monthly Record of 11.7M Metric Tons in March as Cheniere Corpus Christi and Golden Pass Ramp Lifts Feedgas to 19.7 Bcf/d.

Golden Pass LNG Prepares First Export Cargo as ExxonMobil and QatarEnergy Commission Sabine Pass Train 1, Adding 6 mtpa of U.S. LNG Capacity
Golden Pass LNG Prepares First Export Cargo as ExxonMobil and QatarEnergy Commission Sabine Pass Train 1, Adding 6 mtpa of U.S. LNG Capacity.

TotalEnergies Accepts 928 Million Dollar US Settlement, Exits Offshore Wind and Pivots to Rio Grande LNG and Gulf of America Oil
TotalEnergies Accepts 928M Dollar US Settlement, Exits Offshore Wind and Pivots to Rio Grande LNG and Gulf of America Oil.