LNG
Overview
LNG's role as a key feedstock is well established as it helps manage both input costs and carbon emissions. Heavy industrial users' drive to achieve net zero targets has added a new dimension to how and where it is being deployed. Overall, its use is expected to increase and is tipped to become the strongest-growing fossil fuel.
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Latest LNG news
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Gas flows recover on key Haynesville pipeline
Gas flows recover on key Haynesville pipeline
Houston, 20 May (Argus) — Natural gas flows on DT Midstream's 2.1bn ft³/d LEAP pipeline, a key intrastate conduit to Louisiana's LNG export corridor, recovered on Wednesday after recipient pipelines reported the end of quality issues in the gas stream. Shippers nominated to deliver 1.1bn ft³ of gas on 20 May onto select interstate pipelines from LEAP, a 221-mile pipeline system running from northwest Louisiana to the Gillis hub north of Lake Charles, pipeline data show ( see chart ). Flows fell to just 590mn ft³ on 18 May, down from the average 1.3bn ft³/d over 1-17 May, because of excessive water vapor in the gas stream. The Williams-operated Transco pipeline told customers on 19 May that the quality issue was resolved and that receipts from LEAP would resume that evening. US LNG producer Cheniere, which operates the 33mn t/yr Sabine Pass LNG export facility and the Creole Trail pipeline, issued a similar notice on 20 May. LEAP is a crucial pipeline connecting gas from the Haynesville shale with LNG export terminals on Louisiana's Gulf coast. About 690mn ft³/d of Sabine Pass LNG's 4.7bn ft³/d of feedgas from 1-17 May originated on LEAP. The terminal's Creole Trail pipeline also has other less-utilized connections with pipelines at the Gillis hub, such as Enterprise Products' Acadian pipeline, Energy Transfer's Trunkline, Enbridge's Texas Eastern Transmission and Transco. Sempra's 15mn t/yr Cameron LNG export terminal also receives gas from LEAP via the Cameron Interstate pipeline, but flows have been minimal since the terminal began maintenance on one of its three liquefaction trains on 30 April. Cameron received about 25mn ft³/d of gas from LEAP over 1-17 May, down from about 100mn ft³/d in April. By Tray Swanson Select pipeline receipts from LEAP bn ft³ Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Adnoc CEO sees long road back from war disruption
Adnoc CEO sees long road back from war disruption
London, 20 May (Argus) — The disruptions to energy supplies caused by the US-Israel war with Iran may not fully resolve until the middle of 2027, even if the conflict ends soon, Abu Dhabi state-owned Adnoc's chief executive Sultan al-Jaber has said. "Even if this conflict ends tomorrow, it will take at least four months to get back to 80pc of pre-conflict flows and full flows will not return before the first or even second quarter of 2027," al-Jaber told an Atlantic Council event. For the UAE's operations, he said damage and costs are still being assessed. "The time it will take to get back to full operational capacity… is case by case," he said. "Some will take several weeks and some will take several months." The UAE has borne the brunt of Iranian attacks in the 2½ months since the US and Israel began the war, with al-Jaber acknowledging today damage to Adnoc infrastructure and facilities. Iran has also effectively closed the strait of Hormuz, leading the UAE to seek alternative routes to market for its energy products. Al-Jaber said a new crude pipeline to the port of Fujairah, outside Hormuz, is "more than 50pc complete". "Energy security is no longer about your ability to continue to produce," al-Jaber said today. "It is about routes, storage and redundancy. Too much of the world's energy still moves through too few chokepoints." He said if Iran manages to retain control of Hormuz, "then freedom of navigation is finished". "If we don't defend this principle today, we will spend the next decade defending against the consequences," he said. Al-Jaber also called for the energy sector to address "underinvestment". "Upstream investment is around $400bn a year, which barely offset natural decline rates; global spare capacity is around 3mn b/d, it should be closer to 5mn b/d," he said. "We have 30-35 days of effective cover [in inventory] we need to at least double that." He reiterated that the UAE's recent decision to quit Opec was driven by a desire for greater flexibility . "We didn't move away from something, we moved towards something," he said. "We're moving toward a world that needs more energy, with demand for oil staying way above 100mn bl into 2040s, the world needs more of what the UAE produces." By Ben Winkley Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Iran warns new US-Israeli strikes will broaden war
Iran warns new US-Israeli strikes will broaden war
Dubai, 20 May (Argus) — Iran's Islamic Revolutionary Guard Corps (IRGC) warned on Wednesday that any renewed US or Israeli strikes on the country would lead to a broadening of the war beyond the Mideast Gulf region. "If the aggression against Iran is repeated, the regional war that was promised will extend beyond the region this time, and our crushing blows will land you… in places you cannot imagine," the IRGC said. The threat comes in response to incendiary rhetoric aimed at Iran's leadership, even as diplomacy has been taking place since a ceasefire was agreed in early April. US president Donald Trump said on Monday that "serious negotiations are now taking place" but warned Tehran, again, that "the clock is ticking" and that Iran had "better get moving, FAST, or there won't be anything left of them." Trump also said he was ready to carry out a new attack on Iran on Tuesday, but decided to postpone it after an intervention from the leaders of Qatar, Saudi Arabia and the UAE. Around six weeks of intense US and Israeli bombing targeting key officials, facilities and infrastructure linked to Iran's leadership, military and energy caused significant damage, but largely failed to weaken the regime's grip on power. The strikes also prompted Tehran and the Iranian armed forces to effectively close the strait of Hormuz, which has dramatically disrupted the movement of commercial vessels through the key waterway ꟷ including crude, oil products and LNG tankers. This in turn forced several Mideast Gulf countries that depended heavily on the strait to export oil and LNG to shut-in meaningful amounts of production, putting upward pressure on commodity prices. Front-month Ice Brent futures are hovering above $110/bl, more than 50pc up from before the US and Israel launched their initial salvo on Iran on 28 February. These new threats show Washington and Tel Aviv "have not learned from the major and strategic defeats" of the past few weeks, the IRGC said, warning that Iranian retaliation for any new strikes would be more widespread and more intense. While the US and Israel "attacked us with all their capabilities [in the initial phase of the war]… we did not use all of our capabilities," the IRGC said. Trump said on Tuesday he had put off a "major attack for a little while… hopefully forever," after the Mideast Gulf leaders told him they felt "they are very close to making a deal [with Iran]." "If we can do that where there is no nuclear weapon going into the hands of Iran, and if [the Mideast Gulf countries] are satisfied, we will probably be satisfied also," Trump said. Iranian state broadcaster IRIB said on Wednesday that Pakistan's interior minister had arrived in Tehran for talks with unnamed Iranian officials. Pakistan has been acting as the primary mediator between Iran and the US, and hosted a first round of talks between the sides in Islamabad in April. By Nader Itayim Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Iran launches maritime authority, insurance platform
Iran launches maritime authority, insurance platform
London, 19 May (Argus) — Iran has launched a new maritime authority to tighten its control over shipping in and around the strait of Hormuz. It has also introduced an insurance platform to provide cover for Iranian shipping and cargoes transiting the waterway. The Persian Gulf Strait Authority (PGSA) will manage navigation through the waterway, while the "Hormuz Safe" platform will offer "secure digital insurance for maritime cargo" for Iranian vessels transiting it. The PGSA will act as the legal authority representing Iran in managing transit through the strait, according to Iran's semi-official Fars news agency. Vessels intending to transit the waterway will receive rules and regulations from the authority and must obtain a permit to pass, state news agency Press TV said. Ships must comply with this framework. Passage without permission will be considered illegal, Fars reported. Iran claimed control of a broader area of the strait and surrounding waters on 4 May, from the western-most point of Iran's Qeshm Island to Umm al-Quwain on the UAE's west coast, and from Kuh Mobarak in Hormozgan province to southern Fujairah on the UAE's east coast. Separately, the Hormuz Safe platform will provide Iranian shipping companies and cargo owners with "fast, verifiable digital insurance", according to its web page. It will offer cover for cargoes in the Mideast Gulf and surrounding waterways, with payments settled in cryptocurrency. There is no indication that Hormuz Safe policies extend beyond Iranian ships and cargoes. Iran has launched the initiatives as geopolitical tension remains high in the Mideast Gulf. The US and Israel's war with Iran has involved strikes on shipping in and around the strait of Hormuz, pushing up western insurance costs and sharply reducing traffic through the waterway. A ceasefire is now in place, but the Iranian Revolutionary Guard Corps' tight control of the strait and a US naval blockade of Iranian ports continue to weigh on exports of oil, gas and other commodities from the region. Iran created an official PGSA account on social media platform X on 18 May to provide operational updates and developments related to shipping through the strait. By Leonard Fisher-Matthews Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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