Force majeure and LNG contracts
James Barratt, Afolarin Awosika and Simon Machau, Lawyers at Vinson & Elkins, highlight the market impact of recent developments before addressing practical questions of immediate relevance to market participants.
James Barratt, Afolarin Awosika and Simon Machau, Lawyers at Vinson & Elkins, highlight the market impact of recent developments before addressing practical questions of immediate relevance to market participants.
Missile attacks on Qatar’s Ras Laffan Industrial City have caused extensive damage including fires, fundamentally altering the global gas market outlook, according to Wood Mackenzie analysis.
Speaking on a panel at StocExpo 2026, Mark Lazzaretto, Industry & Decarbonisation Head at Port of Marseille Authority, and Mark Melis, Corporate Finance and M&A Manager at Chane Terminals, emphasised that diversification is becoming critical to the long-term resilience of ports and terminals.
As energy markets reel from price spikes following US and Israeli attacks on Iran and renewed shipping disruptions in the Strait of Hormuz, South Asia’s planned expansion of LNG infrastructure could expose the region to long-term economic and energy security risks, according to a new report from Global Energy Monitor.
The 12th International LNG Congress was hosted by BGS Group in partnership with Enagás and with support from Repsol, Moeve, Baleària, Reganosa, Molgas Energy Group.
Northeast Asia’s LNG market faces a major supply shock following the closure of the Strait of Hormuz, with regional demand expected to fall by 4 – 5 million t through 3Q26 if supply disruptions last for two months, according to new analysis from Wood Mackenzie.
At StocExpo 2026, Jason Rajah, Partner, and Jonathan Martland, Oil and Chemicals Partner, both at Energex Partners, took to the FETSA stage to discuss the opportunities and challenges in the tank storage industry in the current global context.
Sidara have announced the completion of its acquisition of John Wood Group plc, a global leader in consulting, engineering, and operations for energy and materials.
ICIS has outlined several disruption scenarios to examine the potential implications of the ongoing Strait of Hormuz disruption for European gas prices, LNG availability, and storage levels.
Wood Mackenzie has warned that the Middle East conflict threatens 200 million tpy of Asian LNG demand growth over the next decade as Qatar declares force majeure on shipments.
The question of nuclear as an alternative fuel for shipping will take centre stage at Posidonia 2026 during a high-level Executive Briefing that will examine the role of advanced nuclear technologies in commercial shipping and near-shore power generation.
ICIS has provided analysis and context on the evolving situation in the Middle East and its impact on energy markets.
Japan’s resales of LNG to foreign markets continued to reach new highs in fiscal year 2024, up nearly 15% compared to the previous year.
StocExpo has announced the first confirmed speakers for its 2026 conference programme, taking place at Rotterdam Ahoy on 10 – 11 March 2026.
In the February 2026 issue of LNG Industry, Abby Butler, Editorial Assistant, LNG Industry, highlights some key European import trends and developments. This special report lists all the sources used for this article.