Sign in Subscribe

LNG Role Report - July 13, 2026

LNG Role Report - July 13, 2026

Head of LNG Supply & Portfolio

  1. Qatar suspended all maritime vessel activity, freezing observable Ras Laffan LNG movements after exports had begun recovering. Read This: OilPrice.com
  2. Pakistan LNG sought another July cargo after buying at least three replacements for constrained Qatari supply. Read This: Bloomberg
  3. Europe expects July LNG imports of 6.90 million tonnes, the lowest monthly volume since September 2024. Read This: Reuters
  4. European storage remained 158 TWh below seasonal levels on July 7, approximately 22% wider than average. Read This: Reuters
  5. Asia-Pacific demand is forecast at 257 million tonnes in 2026, down from 268 million tonnes during 2025. Read This: Wood Mackenzie

Director of LNG Origination

  1. PETRONAS agreed to supply Shizuoka Gas approximately 0.84 million tonnes over seven years beginning in 2032. Read This: PETRONAS
  2. Adriatic LNG offered regasification access from 2029 through 2051, including 37 unloading slots during 2029–2034. Read This: Montel News
  3. XRG acquired additional Rio Grande LNG equity, extending its ownership exposure across all five trains under construction. Read This: OilPrice.com
  4. Pakistan LNG launched another tender for July delivery as renewed Hormuz hostilities constrained supply from Qatar. Read This: Bloomberg
  5. Iraq pursued U.S.-backed LNG and power ventures while easing preliminary agreement requirements for selected American energy companies. Read This: Reuters

Director of LNG Shipping & Chartering

  1. Hormuz crossings declined approximately 52% week-on-week during July 10–12 as Iranian and dark-route use increased. Read These: Kpler, Bloomberg
  2. LNG tankers recorded no visible Hormuz transits over the weekend, while only six total vessels crossed Sunday. Read These: Reuters, OilPrice.com
  3. Qatar’s Transport Ministry suspended maritime activity until further notice following renewed escalation around the Strait of Hormuz. Read This: OilPrice.com
  4. Panama Canal recorded six laden southbound LNG transits in June, its highest monthly total since December 2023. Read This: S&P Global
  5. U.S.-Asia cargoes still overwhelmingly used the Cape of Good Hope, with 50 of 54 voyages taking that route. Read This: S&P Global

Director of LNG Policy, Regulation & Market Access

  1. The United States proposed a 20% reimbursement charge on Hormuz cargoes while reinstating its blockade of Iranian vessels. Read These: Reuters, Bloomberg
  2. Iran declared Hormuz closed and required approved transit routes while its forces intercepted vessels using an “illegal route.” Read These: Reuters, Bloomberg
  3. EU rules will prohibit remaining long-term Russian LNG imports beginning January 1, 2027, after short-term contracts were banned. Read These: Reuters, Financial Times
  4. Australia’s reservation policy would require LNG exporters to direct 20% of export volumes toward the domestic market. Read These: ABC Australia, Australian Financial Review
  5. Panama Canal authorities will reduce maximum vessel draft on July 24 and impose a further reduction August 15. Read This: S&P Global

Director of LNG Project Finance & Investment

  1. Texas LNG received $500 million from HPS Investment Partners and executed limited-notice engineering work with Kiewit. Read This: Business Wire
  2. XRG expanded its Rio Grande LNG equity across five trains representing approximately 30 mtpa of planned capacity. Read This: OilPrice.com
  3. Power LNG Ventures proposed a privately financed $250 million Galveston liquefaction facility targeting production in December 2028. Read This: The Daily News
  4. Aktor signed a preliminary agreement to acquire 50% of Dioriga Gas, developer of Greece’s planned second FSRU. Read This: TradeWinds
  5. U.S. LNG capacity is expected to exceed one-third of global supply during the early 2030s, according to Wood Mackenzie. Read This: Wood Mackenzie

Global LNG Portfolio Trader & Optimization

  1. North Asian spot LNG rose to $18.00/MMBtu during the week to July 10 from $16.40 previously. Read This: Reuters
  2. Asia’s U.S. LNG imports are expected to reach a record 4.23 million tonnes in July, tripling February levels. Read This: Reuters
  3. Europe’s U.S. LNG intake is estimated at 3.94 million tonnes in July, its lowest level since November 2024. Read This: Reuters
  4. EU buyers imported a record 9.97 million tonnes from Yamal during H1 2026, up 16% year-on-year. Read These: Reuters, gCaptain
  5. China’s July LNG imports are estimated at 5.62 million tonnes, 55% above the eight-year low recorded in April. Read This: Reuters

Read more