Welcome back to LNG4U — your weekly take on what’s moving the LNG market. We kick off with an idea to keep you ahead, then turn to the developments shaping the landscape — from price momentum to offshore activity. Let’s get into it.

🎓 LNGKnowledge

The Secondary barrier of an LNG ship's cargo tank is provided with instrumentation that detects 🎯when the Primary barrier has failed to be liquid-tight at any location or when the liquid cargo is in contact with the Secondary barrier at any location.

This instrumentation consists of 👇

Membrane type

  • Gas detecting devices

  • Temperature sensors.

Moss type

  • Gas detecting device

  • Liquid level indicator

  • Temperature sensor.

The picture is showing the three 3️⃣ sensors for the Moss type.

Source : Mustapha Zehhaf

💰 LNGPrices

Freight rates / 174,000 m3 / 2 Stroke

Atlantic - (Spark30S)

$ 181,750 / day

Pacific - (Spark25S)

$ 141,750 / day

Natural Gas

Asia (JKM) - May 26

$ 22.732 / mmBtu

Europe (NWM) - May 26

$ 19.701 / mmBtu

Bunkers

$/MT

LNG

VLSFO

MGO

Singapore

1239.26

1004.50

1777.00

Rotterdam

1130.89

784.00

1193.00

🏭 LNGTerminals

LNG production developer Venture Global has been given approval by the US Department of Energy 🎯 to increase exports from its Plaquemines LNG plant in Louisiana by 13% as disruption to global supplies intensifies amid the Middle East war 🚨.

US Secretary of Energy Chris Wright signed export authorisation on an additional exports of up to 0.45 billion cubic feet per day of supply 📈 from Plaquemines to non-free trade agreement (FTA) countries boosting the plant’s permitted volumes to 3.85 Bcf/d to both FTA and non-FTA countries.

(C) Copyright Tradewinds 2026

Source: Venture Global

Liquefied natural gas (LNG) will no longer be available in Pakistan after April 14 🚨 due to supply disruptions linked to tensions in the Middle East

The Middle East conflict threatens LNG shipments from Qatar, the world’s second-largest LNG exporter after the United States, which supplies the bulk of Pakistan’s imported LNG 💧 used to power electricity plants during peak demand.

(C) Copyright Geo News 2026

Source: Geo News

New Fortress Energy is aiming to fire up a floating storage and regasification unit-based LNG import terminal in Nicaragua 🎊 under its large restructuring plan.

The marine infrastructure is under development and commissioning of the 3 million tonnes per annum terminal 💧 in Puerto Sandinao is expected to start in October 2026.

(C) Copyright Tradewinds 2026

Source: New Fortress Energy

The Ras Laffan Industrial City, home to the LNG plant that accounted for about a fifth of global supply before production was halted earlier this month, was hit by an Iranian missile after four others were intercepted 🚨.

A subsequent attack on Ras Laffan early on Thursday led to a fire.

QatarEnergy said in a statement that several of its LNG facilities were hit, causing sizable fires and extensive further damage 🚨.

(C) Copyright Bloomberg 2026

Source: Social Media

Iranian ⁠attacks on Qatar have wiped out ⁠17 percent of its liquefied natural gas (LNG) export capacity 📉, causing an estimated 💰20bn in lost annual revenue and threatening supplies to Europe and ⁠Asia

Two of Qatar’s 14 LNG trains, the equipment used to liquefy natural gas, and one of its two gas-to-liquids facilities were damaged 🚨 in Iranian strikes this week.

The repairs will sideline 12.8 million tonnes of LNG 💧 production per year for three to five years

(C) Copyright Aljazeera 2026

Source: Wikipedia

Gas Malaysia has received a letter to proceed (LTP) with the LNG regasification terminal project in Kedah from the Energy Commission of Malaysia (EC) 🎯, which enables the project to progress to the next phase of implementation, including detailed engineering, financing progression, site preparation, and other related preparatory works 🏗.

Located in Yan, Kedah, to the west of Pulau Bunting, RGT Yan is envisaged as an offshore floating storage and regasification unit (FSRU) 🚢 with a planned regasification capacity of up to 6 metric tons per annum (mtpa) 💭.

(C) Copyright Offshore Energy 2026

Source: Muhibbah

India Lists 22 Ships On Evacuation List For Safe Passage Through Strait Of Hormuz 🌏 Amid Rising Gulf Tensions

Most of these vessels are carrying fuel, making their safe passage important for India’s energy supply 🔥.

Out of these, 10 ships operate under the Indian flag. The rest are registered in countries like 👉 the Marshall Islands, Liberia, Greece, Malta, and Portugal.

The cargo includes three LNG carriers 💧, ten LPG vessels, and seven crude oil tankers. Two Indian container ships have also been included in the plan to ensure they pass safely.

(C) Copyright Offshore Energy 2026

Source: Marine Insight

ADNOC Gas made temporary adjustments to its production of liquefied natural gas 📉 and export-traded ‌liquids in response to ongoing shipping disruption in the Strait of Hormuz.

ADNOC Gas is actively collaborating with customers and partners 🤝 on a transaction-by-transaction basis to fulfill commitments wherever possible.

The company's Das Island facility, with LNG capacity of 6 million ‌metric ⁠tons a year 💧, sits inside the Gulf, so tankers must transit the Strait of Hormuz to reach it.

(C) Copyright Reuters 2026

Source: ADNOC Gas

How much committed Qatar LNG is now trapped behind the Strait of Hormuz? 🚨

A large and still-growing book of LNG sale and purchase agreements is now being held up by the closure of the Strait of Hormuz. Many of those contracts are due to start this decade and many are tied directly to Qatar-origin supply 📅.

Against that backdrop, the question for the market is not simply whether Qatar can produce LNG in the long term, but which contractual volumes 💧 are now constrained by geography if cargoes cannot pass through Hormuz.

The commitment base reaches about 50.05M tonnes per annum (mtpa) 💧.That figure is built from the following deals:

China (18.5 mtpa), India (7.5 mtpa), Bangladesh (4.05 mtpa), France (3.5 mtpa), The Netherlands (3.5 mtpa), Pakistan (3 mtpa), Germany (2 mtpa), Taiwan (4 mtpa), South Korea (2 mtpa), Italy (1 mtpa), plus a global SPA with Shell (1 mtpa).

(C) Copyright Riviera Maritime Media 2026

Source: Drewry

🚢 LNGShips

Dynagas LNG Partners could lose 36% of its revenue provided by two of its vessels under the European Union’s incoming ban 🚨 on transporting Russian LNG.

Dynagas said two of its six LNG carriers, the 155,000-cbm Yenisei River and Lena River (both built 2013) are fixed 🤝 to Singapore-based Yamal Trade on charters which extend to 2033 and 2034, respectively.

(C) Copyright Tradewinds 2026

Source: Dynagas LNG Partners

Malaysian shipowner MISC has chosen to scrap three steam turbine LNG carriers 🏗, which it circulated for sale in late 2025.

Cash buyers have bought the 137,100-cbm 1️⃣ Puteri Firus Satu and 2️⃣ Puteri Zamrud Satu (both built 2004) and the 137,595-cbm 3️⃣ Puteri Mutiara Satu (built 2005).

(C) Copyright Tradewinds 2026

Source: Muhammad Faisal Awan

Flex LNG announced the receipt of notice from an undisclosed charterer, said to be a supermajor, for the exercise of the second extension option 🤝 of 730 days for the Flex Resolute and Flex Courageous vessels under the original time charter contracts for the period Q1 2027 to Q1 2029 for both ships 📅.

Both vessels will be employed on a firm contract with the unnamed supermajor until at least Q1 2032.

(C) Copyright Offshore Energy 2026

Source: Flex LNG

A second Russian-built ice-breaking LNG carrier has started sea trials 🚢, but has confused ship watchers, as it was not the vessel expected to deliver next.

Kpler data shows the 172,600-cbm newbuilding Konstantin Posyet, which is named after a widely travelled admiral who spent time on the Arctic Northern Sea Route 🌎, as moving around in Ussuri Bay off the Zvezda Shipbuilding Complex in far eastern Russia.

(C) Copyright Tradewinds 2026

Source: Sovcomflot

Seapeak has sold one of its steam turbine LNG carriers for further trading and is expecting other ships to be redelivered 🤝 as their time charters end.

The 140,500-cbm Seapeak Jupiter (ex-Seapeak Hispania, built 2002) was sold in March for net proceeds of 💰14.9m.

(C) Copyright Tradewinds 2026

Source: Seapeak

The drifting and damaged Russian shadow LNG carrier Arctic Metagaz is to be towed 🎯 to a Libyan port after the vessel turned up in the country’s territorial waters.

Libya's National Oil Corporation (NOC), in cooperation with its strategic partner Italian energy company Eni, it has hired 🤝 an international company specialising in incident response for tankers, offshore oil platforms, and similar vessels that could lead to oil spills at sea.

(C) Copyright Tradewinds 2026

Source: AFP/ANSA

🏗 LNGShipbuilding

TMS Cardiff celebrated the naming ceremony of OLYMPUS LNG, a 174,000 cbm liquefied natural gas carrier (LNGC) built by HD Hyundai Samho 🎊

Bureau Veritas supported the project throughout the design and construction phases 🏗, ensuring compliance with international standards for safety and quality.

(C) Copyright Bureau Veritas 2026

Source: Bureau Veritas

Japan's public and private sectors are considering working together to revive domestic construction of liquefied natural gas carriers 🏗 for the first time since 2019

Japan lags far behind China and South Korea in shipbuilding volume, especially for LNG carriers 📉, which have not been built in the country since Mitsubishi Heavy Industries Ltd. and Kawasaki Heavy Industries Ltd. each delivered one in 2019.

(C) Copyright Japan Today 2026

Source: Kyodo

GTT received, in the first quarter of 2026, an order from the shipyard Hudong-Zhonghua for the tank design of four 4️⃣ new Liquefied Natural Gas Carriers (LNGCs) on behalf of a European ship-owner.

GTT will design the vessels’ membrane containment systems, each offering a total capacity of 174,000 m³ 💧.

(C) Copyright GTT 2026

Source: GTT

A slew of LNG newbuildings contracted under Qatar’s huge shipbuilding project for delivery this year 🏗 could emerge on the charter market following the damage to the country’s LNG and gas facilities by Iranian missile strikes.

20 LNG carrier newbuildings, out of the original 128 ordered at four yards, are due for handover in 2026, and a further 27 are due out next year 🚢. At least 41 have already been delivered.

(C) Copyright Tradewinds 2026

Source: Knutsen LNG France

COSCO SHIPPING LNG, Mitsui O.S.K. Lines , and CNOOC celebrated the delivery of the LNG carrier GREENERGY WIND built by Hudong Zhonghua Shipbuilding 🎊.

The vessel is equipped with the latest generation of GTT - Technology for a Sustainable World NO96 Super+ 🏢 achieving a boil-off rate as low as 0.085% and powered by a WinGD X-DF 2-stroke low-pressure dual-fuel technology 🏭

(C) Copyright Adnan Ezzarhouni 2026

Source: Adnan Ezzarhouni

Shipowner Purus Marine has firmed up an LNG carrier newbuilding option 🤝 at South Korea’s Samsung Heavy Industries.

SHI said it had won an order for an LNG carrier newbuilding priced at 💰252m without naming the contracting party.

(C) Copyright Tradwinds 2026

Source: Purus

🤝 LNGContracts

Idemitsu Kosan has decided to invest $500 million in EIG’s MidOcean Energy 💵 as a first step in its full-scale entry into the LNG business.

This move enables the firm to secure business opportunities in the LNG sector while continuing its efforts to further enhance the stable supply of energy ⚡.

MidOcean Energy is participating in LNG projects across multiple regions, including Australia, Canada and South America 🌍.

(C) Copyright Offshore Energy 2026

Source: MidOcean Energy

🎬 LNGVideos

How does a Floating LNG (FLNG) facility work?

In this video, I explain how an FLNG unit produces, liquefies, stores, and offloads LNG directly offshore, eliminating the need for onshore terminals and enabling gas production from remote fields.

FLNG is a key part of the LNG value chain, offering flexibility, faster development, and new supply options.

Source : Mustapha Zehhaf

👨‍💻 LNGJobs

A highly reputable and expanding LNG company is looking for :

🎯 3rd Officers

Requirements

  • Rotation: 3 months on / off

  • Start Date: ASAP

  • 1 year in rank on LNG

Have a great week ahead !

Mustapha 👋🏻

📺 LNGAds

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