Australia’s requirement for liquefied natural gas producers to reserve a fifth of exports for local use is set to apply to all projects and existing contracts, intensifying pressure on them to secure more supply.
Australia’s requirement for liquefied natural gas producers to reserve a fifth of exports for local use is set to apply to all projects and existing contracts, intensifying pressure on them to secure more supply.
European natural gas dropped, extending last week’s decline, on optimism that the US and Iran are nearing a deal that would reopen the Strait of Hormuz, a critical chokepoint for global energy supplies.
European natural gas dropped, extending last week’s decline, on optimism that the US and Iran are nearing a deal that would reopen the Strait of Hormuz, a critical chokepoint for global energy supplies.
The liquified natural gas (LNG) tanker LNG River Niger, top, at the port of Barcelona, Spain, on Thursday, April 30, 2026. After weeks of fuel inflation across Asia and Europe, higher pump prices are now starting to intensify in the US as war-driven energy shocks show little sign of abating.