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16.06.26 - 20:24
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QatarEnergy Plans Rapid LNG Production Restart As Hormuz Reopens (ZeroHedge)
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QatarEnergy Plans Rapid LNG Production Restart As Hormuz Reopens
Qatar shut the world's largest LNG facility early in the U.S.-Iran war after Iranian Shahed one-way attack drones struck critical energy infrastructure, triggering chaos across global gas markets, just as the Hormuz maritime chokepoint was shuttered.
Now, with a U.S.-Iran peace deal set to formally reopen the waterway by Friday, there is encouraging news on the supply side: According to Bloomberg News, Qatar is preparing to rapidly restart LNG production, a move that could help ease the global supply crunch and accelerate the normalization of energy flows.
Sources tell the outlet that QatarEnergy has been preparing for a fast restart since April by testing equipment, performing maintenance and keeping some production trains running at reduced levels. The restart timeline now stands at 50% capacity within one month and about 80% within two months - well ahead of earlier timelines.
A full recovery of QatarEnergy's Ras Laffan comp...
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16.06.26 - 16:44
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Gas: Preis gibt nach, bleibt jedoch deutlich über Vorkriegsniveau (SG)
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Wenig überraschend ist der europäische Gaspreis nach der Ankündigung eines Rahmenabkommens zwischen den USA und dem Iran deutlich gefallen. Auch wenn der Preis infolge der Nachricht um etwa 9% und seit letztem Freitag um fast 15% nachgegeben hat, liegt der TTF-Referenzpreis weiterhin deutlich über dem Vorkriegsniveau. Damit reagieren die Marktteilnehmer weiterhin zögerlich auf teils uneindeutige Nachrichten. Zudem besteht Skepsis darüber, wie schnell LNG-Tanker die Straße von Hormus wieder passieren können und wie rasch die LNG-Produktion in der Golfregion wieder anlaufen kann..
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15.06.26 - 18:27
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First LNG Tanker Crosses Hormuz After Deal Announcement As Most Ship Managers Remain Cautious (ZeroHedge)
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First LNG Tanker Crosses Hormuz After Deal Announcement As Most Ship Managers Remain Cautious
An LNG carrier successfully passed through the Strait of Hormuz early on Monday, the first tanker carrying energy products to clear the chokepoint since the U.S. and Iran announced a deal to reopen the Strait later this week, according to OilPrice.com
While tanker owners and operators remain cautious about rushing to send vessels to the area or having the ones inside the Persian Gulf move quickly toward Hormuz, one LNG tanker passed through the Strait today, carrying LNG to India.
The LNG tanker Disha cleared Hormuz and is currently in the Gulf of Oman, ship-tracking data on MarineTraffic showed. The tanker had loaded LNG from Qatar's Ras Laffan in early March, just when the Gulf state halted LNG production and exports amid the closed Strait of Hormuz and Iranian missile hits on its LNG infrastructure at Ras Laffan.
The first LNG carrier to transit the Strait of Hormuz following the announcement of t...
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15.06.26 - 13:12
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Pump Pain Relief? Gas Above $4 May End Soon As U.S.-Iran Peace Deal Sends Oil Lower (ZeroHedge)
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Pump Pain Relief? Gas Above $4 May End Soon As U.S.-Iran Peace Deal Sends Oil Lower
The national average for U.S. gasoline prices has hovered above the politically sensitive $4-per-gallon level for 76 days, or roughly 2.5 months, as the Gulf energy shock tightened physical markets and forced emergency SPR draws.
But with President Trump declaring late Sunday, just 30 minutes before NY futures opened, that a US-Iran peace deal has been secured, and with WTI and Brent futures tumbling, pressure at the pump could begin to ease in the very near term.
National gasoline prices could slip back below $4 in the coming days or weeks if the crude selloff holds and traders begin pricing in a reopening of the Strait of Hormuz. Still, normalization of crude energy flows will likely take months, if not longer, to return to pre-war levels.
As of Sunday evening, AAA data show the national average for 87-octane gasoline stands at around $4.074.
Patrick De Haan, a petroleum analyst at GasBuddy, wrote on X short...
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