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12.05.26 - 19:01
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LNG Pioneer Souki Talks Energy Markets Amid Tensions (Bloomberg)
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Energy markets on edge as a fragile Middle East ceasefire hangs in the balance. Charif Souki, the founder of Cheniere Energy who helped transform the US into the world's largest LNG exporter, discusses the outlook on “Bloomberg Open Interest.” (Source: Bloomberg)...
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12.05.26 - 08:06
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ADNOC Gas: Ready to Export LNG As Soon As Hormuz Reopens (Bloomberg)
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ADNOC Gas reported resilient 1Q earnings, with net income beating analyst estimates despite disruption to exports through the Strait of Hormuz. The company is also managing the impact of recent incidents at its Habshan facility, with plans to reach 80% capacity by the end of 2026. Peter van Driel, CFO of ADNOC Gas spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the disruptions caused by the closure of the Strait of Hormuz.
(Source: Bloomberg)...
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12.05.26 - 05:42
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Why India turned down Russia′s LNG despite Middle East-driven supply concerns (Times of India)
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India has reportedly rejected Russian LNG cargoes under US sanctions, despite energy security worries. A sanctioned Russian LNG shipment is now stranded near Singapore as India navigates compliance risks. While India continues to import Russian crude, LNG is harder to conceal from global tracking systems. Discussions are ongoing for non-sanctioned Russian supplies....
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12.05.26 - 05:00
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India Rejects Russian LNG Under Sanctions (ZeroHedge)
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India Rejects Russian LNG Under Sanctions
India rejected Russia's offer to sell it liquefied natural gas subject to US sanctions, despite a huge shortfall driven by Middle East tensions, leaving a tanker bound for India in limbo as talks continue on permitted cargoes, Reuters reports.
The stance highlights the fine balance the world's third-biggest oil importer and consumer is seeking to strike between securing energy supplies and avoiding LNG cargoes on which the U.S. has placed sanctions, which are harder to disguise and carry greater compliance risk. It also underscores the limits of Moscow's ability to pivot its LNG exports to new markets.
India's reluctance has left an LNG cargo from Russia's U.S.-sanctioned Portovaya plant in the Baltic Sea unable to discharge, despite indicating India as its destination in mid-April, one of the sources said. The vessel was tracked despite documentation suggesting the cargo was non-Russian, the source added.
Reuters had reported in m...
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11.05.26 - 14:45
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Qatari LNG Tanker Abruptly U-Turns In Hormuz Chokepoint After Weekend Transit Breakthrough (ZeroHedge)
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Qatari LNG Tanker Abruptly U-Turns In Hormuz Chokepoint After Weekend Transit Breakthrough
Day 72 of the U.S.-Iran conflict opened with yet another failed diplomatic off-ramp.
Tehran on Sunday submitted a counterproposal to the Trump administration's plan to end the war, but President Trump swiftly rejected it as "totally unacceptable," pushing WTI crude futures roughly 3% higher to $98 a barrel as traders slightly repriced the war-risk premium higher for a prolonged Strait of Hormuz disruption.
Tehran's counterproposal was a major focus over the weekend, but what caught our attention Saturday morning was a note from Bloomberg reporter Stephen Stapczynski citing ship-tracking data showing that an LNG tanker had successfully transited the critical waterway unharmed.
In fact, this was the first time Qatar had exported LNG through the Strait since the war began ten weeks ago. The tanker later made a port call in Pakistan.
By Monday morning, Stapczynski was tracking another fully loade...
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