#LNG
27 articles with this tag
EconomyPoland's Orlen Cancels QatarEnergy LNG Contract Amid Supply Disruptions
Poland's Orlen has canceled a long-term LNG contract with QatarEnergy due to delivery issues linked to the Iran war and disruptions in the Strait of Hormuz. This is the first such cancellation by a QatarEnergy customer.
EconomyAdnoc Gas Boosts 2026 Net Income Target to $4 Billion Amidst Q3 Profit Surge
Adnoc Gas has raised its 2026 net income forecast to at least $4 billion, driven by a significant improvement in Q3 earnings despite regional maritime disruptions. The company continues to pursue long-term growth strategies and has secured new supply agreements.
EconomyThe Coming Abundance: How New LNG Supply Will Reshape the Global Gas Market
New LNG supply from the US Gulf Coast and Qatar is set to shift the market from scarcity to abundance, forcing producers, buyers, and traders to adapt to increased competition and complexity.
EconomyAdnoc Secures Long-Term LNG Supply Deal with India's Gujarat Energy
Adnoc has signed a 10-year agreement with India's Gujarat Energy to supply up to four million tonnes of liquefied natural gas (LNG) starting in 2028. This deal marks the first LNG sale from Adnoc's international portfolio via XRG and strengthens energy ties with India.
EconomyAI Boom to Fuel Long-Term Surge in LNG Demand, Adnoc Gas CEO Predicts Amid Shipping Disruptions
Adnoc Gas CEO Fatema Al Nuaimi predicts a long-term surge in LNG demand, primarily driven by the energy requirements of artificial intelligence development. This outlook persists despite ongoing shipping disruptions in the Strait of Hormuz and damage to key LNG facilities.
EconomyAdnoc's XRG Secures Australian LNG Stake for $1.5 Billion Amidst Global Energy Market Volatility
Adnoc's international energy investment unit, XRG, is acquiring Shell's stake in Australia's North West Shelf LNG project for $1.5 billion to diversify its portfolio and expand its reach in the Asia-Pacific region.
EconomyAdnoc Gas Secures Major 5-Year LNG Supply Deal with TotalEnergies, Boosting Global Market Presence
Adnoc Gas has signed a five-year deal to supply up to 1.6 million tonnes of LNG to TotalEnergies, expanding its global market share amid rising international demand. The agreement reinforces a long-standing partnership and highlights Adnoc Gas's strategic growth initiatives.
EconomyQatarEnergy Secures Overseas LNG Deals to Mitigate Hormuz Strait Disruption Risks
QatarEnergy is diversifying its LNG supply by purchasing from overseas producers like the U.S. to mitigate risks associated with potential disruptions in the Strait of Hormuz. This strategy aims to leverage price differences between markets and secure revenue streams.
EconomyQatarEnergy Secures Major US LNG Supply Deal Amidst Hormuz Disruptions
QatarEnergy has signed a 20-year deal to buy up to 3 million tonnes of LNG annually from Woodside Energy's Louisiana project, bolstering its US supply strategy amidst ongoing disruptions in the Strait of Hormuz. This move makes QatarEnergy the largest buyer of US LNG and comes as the company continues to extend force majeure on its own shipments due to an earlier incident impacting its capacity.
EconomyQatarEnergy Secures 20-Year LNG Supply from Australia's Woodside Louisiana Project
QatarEnergy has signed a 20-year deal to buy up to three million tonnes of LNG annually from Australia's Woodside, sourced from its upcoming Louisiana project. This agreement strengthens QatarEnergy's global LNG supply portfolio.
EconomyQatarEnergy Extends LNG Supply Suspension to Italian Firm Edison Amidst Regional Conflict
QatarEnergy has extended its suspension of LNG deliveries to Italian utility Edison until the end of December, impacting three additional cargoes. This move is attributed to ongoing regional conflicts disrupting energy supplies and shipping.
PoliticsMacron Secures Winter LNG and Boosts Defence Ties in Historic Qatar Visit Amid Regional Tensions
French President Emmanuel Macron concluded a historic visit to Qatar, securing winter LNG supplies and enhancing defence cooperation. The visit also addressed regional tensions, with Macron praising Qatar's mediation efforts.
EconomyIran War's Ripple Effect: Qatar's Revenue Plummets 42% Amidst LNG Export Crisis
Qatar's government revenue has fallen by 42% in the first half of the year due to the Iran war's impact on LNG exports, leading to significant economic challenges and projected contractions.
EconomyIran War Fuels South-East Asia's Renewable Shift, Yet Energy Storage Investments Lag Behind
The Iran war has accelerated South-East Asia's push toward renewable energy, but a new report by Ember shows the region is falling severely short of its 2030 energy storage and investment targets.
EconomyQatari LNG Shipments Continue Through Strait of Hormuz Amid Ongoing Regional Risks
Qatari LNG shipments continue to navigate the Strait of Hormuz despite regional security concerns linked to the ongoing conflict.
EconomyAdnoc Secures Major LNG Supply Deal with Thailand's Gulf Development Amid Gulf Disruption
Adnoc has signed a multi-year agreement to supply liquefied natural gas to Thailand’s Gulf Development, helping the nation secure alternative fuel sources amid regional supply disruptions caused by the Iran war.
EconomyGlobal LNG Giant Warns Qatar Supply Disruptions Will Stretch Into Winter Amid Soaring Prices
The head of Japan's Jera warns that supply disruptions from Qatar will likely persist into the winter, driving up global LNG spot prices and intensifying competition between Europe and Asia.
EconomyAdnoc's XRG Backs Argentina's Ambition to Become a Global LNG Powerhouse
Adnoc's investment arm, XRG, has committed to supporting Argentina's liquefied natural gas industry, expressing strong confidence in the Vaca Muerta shale deposit and President Javier Milei's economic reforms.
EconomyWhy Reopening the Strait of Hormuz Won't Immediately Fix the Global LNG Crunch
Industry executives warn that reopening the Strait of Hormuz will not immediately restore Qatari and UAE liquefied natural gas exports due to severe facility damage and soaring shipping costs. Supply constraints are expected to persist for months or even years.
EconomyEnergy Industry Leaders Gather in Bangkok as Global Markets Face Severe Disruption and Rising Prices
Global energy leaders gather in Bangkok for Gastech as soaring gas prices, geopolitical tensions, and supply chain disruptions severely impact Asian and international markets.
PoliticsInside China and Qatar’s Deepening Alliance Amid Middle East Tensions
Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani concluded a two-day visit to Beijing, cementing a strategic partnership with China focused on energy, advanced technology, and regional diplomatic cooperation amid ongoing Middle East tensions.
EconomyEurope Faces Severe LNG Supply Crunch as Middle East Instability Threatens Winter Energy Security
Europe faces an acute energy crisis as dwindling gas reserves, ongoing disruptions in the Strait of Hormuz, and soaring global LNG prices threaten a difficult winter ahead.
EconomyFitch Affirms Qatar's 'AA' Rating and Removes Negative Watch as LNG Facility Risks Diminish
Fitch has removed Qatar from Rating Watch Negative and maintained its 'AA' rating as threats to LNG infrastructure decrease, though a negative outlook remains.
EconomyAnalyst Warnings: Why New Pipelines Won't Make the Strait of Hormuz Obsolete
Analysts warn that despite multi-billion-dollar pipeline projects by Gulf nations, the Strait of Hormuz will remain a critical global trade route for energy and shipping.