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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Inpex applies to halt Australia's Ichthys LNG strike
Inpex applies to halt Australia's Ichthys LNG strike
Sydney, 10 June (Argus) — Japanese firm Inpex, operator of the 9.3mn t/yr Ichthys LNG project near Australia's northern city of Darwin, has applied to Australia's industrial arbiter the Fair Work Commission (FWC) to stop ongoing strikes at the project. The company has filed an application to the FWC seeking urgent orders to halt protected industrial action (PIA) at Ichthys sites, Inpex's senior vice-president Bill Townsend said on 10 June. Inpex is applying under section 424 of the Fair Work Act to suspend or terminate PIA, which cites the risks of "significant damage to the Australian economy or an important part of it" as a reason to end legally permissible strikes. The FWC has scheduled the hearing for 10am AWST (2am GMT) on 12 June. If Ichthys' production is taken off line by strikers, impacts to LNG buyers and domestic gas customers in the Northern Territory would occur, Inpex said. And this would be significant given current fuel supply constraints. Unions with members at Ichthys have notified Inpex of further PIA on 11-23 June and the firm is planning accordingly, Townsend said. Ichthys has loaded three cargoes since strikes commenced, Kpler data show, with the 174,000m³ Archy Vanguard presently berthed at the terminal. Ichthys impasse Items yet to be resolved under the bargaining talks include pay, allowances and career progression framework, Inpex said. Strikes began on 2 June at the project and have escalated to eight hours a day from an initial four hours, while bans on loading and unloading cargoes at the facility will start on 11 June, the Offshore Alliance union said on 8 June. Up to four cargoes could be lost as a result and replacements will be needed, traders told Argus this week. The escalated strike action in Australia would likely further tighten supply available to Asian importers and limit the supply buffer for the summer. Spot prices may face further upside as a result, especially as Qatari LNG supply remains off line. By Tom Major Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
US retaliates after Iran downs chopper: Update
US retaliates after Iran downs chopper: Update
Updates with details throughout Washington, 9 June (Argus) — The US military carried out retaliatory strikes on targets in Iran after Iran shot down a US military helicopter patrolling the strait of Hormuz earlier Tuesday. The US forces began launching "self-defense" strikes at 5pm ET (21:00 GMT) on Tuesday, and will keep its mission "proportional" to the Iranian attack, said the US Central Command (Centcom), which oversees the Middle East-based US forces. President Donald Trump earlier on Tuesday ordered the Pentagon to retaliate against Iran following what he said was the downing of a US Army Apache helicopter near the coast of Oman by Iran. The two crew members were safe, according to Centcom. Iran's foreign ministry and the Islamic Revolutionary Guard Corps (IRGC) issued statements on Tuesday that appeared to disavow direct responsibility for the downing of the US military helicopter. "Foreign forces in proximity to our territory are at constant risk on account of their own human errors, plain accidents, or potentially being caught in crossfire," Iran's foreign minister Abbas Araghchi said in a social media post. Iran will deliver "a decisive response" if the US renews hostilities following "the pretext of a helicopter crash", according to news agency Tasnim, which is linked to the IRGC. Low-intensity fighting between US and Iranian forces has flared up repeatedly since late May. The US has targeted Iranian military infrastructure around the strait of Hormuz and Iran responded with missile and drone attacks against vessels passing through the strait and US bases in Kuwait and Bahrain. The incident on Tuesday marks the first loss of a US military aircraft since the US and Iran declared a ceasefire on 8 April. Despite fighting underway, Trump since 22 May has repeatedly described a US-Iran peace deal as practically finalized. "We have ongoing negotiations in Iran and with Iran, that hasn't stopped," Trump said late on Monday. "And we could have at least an idea by one or two days from now, but I think it's going well." By Haik Gugarats Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
US will retaliate after Iran downs chopper: Trump
US will retaliate after Iran downs chopper: Trump
Washington, 9 June (Argus) — President Donald Trump said on Tuesday the US will retaliate after Iran shot down a US military helicopter patrolling the strait of Hormuz. "The United States must, of necessity, respond to this attack," Trump said in a social media post. The Pentagon said earlier that a US Army Apache helicopter went down near the coast of Oman in the early hours Tuesday, local time, and that the two crew members were safe. Trump was the first to confirm that it was an Iranian attack that brought down the US helicopter. Low-intensity fighting between US and Iranian forces has flared up repeatedly since late May. The US has targeted Iranian military infrastructure around the strait of Hormuz and Iran responded with missile and drone attacks against vessels passing through the strait and US bases in Kuwait and Bahrain. The incident on Tuesday marks the first loss of a US military aircraft since the US and Iran declared a ceasefire on 8 April. Despite fighting underway, Trump since 22 May has repeatedly described a US-Iran peace deal as practically finalized. "We have ongoing negotiations in Iran and with Iran, that hasn't stopped," Trump said late on Monday. "And we could have at least an idea by one or two days from now, but I think it's going well." By Haik Gugarats Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Sempra completes Port Arthur LNG pipeline
Sempra completes Port Arthur LNG pipeline
Houston, 9 June (Argus) — US energy infrastructure firm Sempra said today that it has placed the 2bn ft³/d Louisiana Connector pipeline in service as it works to finish construction on an LNG export terminal in southeast Texas. The pipeline will ultimately feed the 13.5mn t/yr first phase of Port Arthur LNG when it begins exports in 2027. The conduit runs 72-miles from the Gillis hub north of Lake Charles, Louisiana, to the export terminal in Port Arthur, Texas. The line will also tie into Sempra's 25.5bn ft³ LA Storage facility in southwest Louisiana, which is expected to begin operations in the second quarter of 2027. Flows had not yet begun on the Louisiana Connector as of 8 June, according to pipeline data. Sempra began construction on the two-train first phase of Port Arthur LNG in 2023 and intends for the trains to begin commercial operations in 2027 and 2028, respectively. The company reached a final investment decision last September to double the production capacity with two additional trains, which are expected to come on line in 2030 and 2031. Another pipeline, the 2bn ft³/d Texas Connector, will supply feedgas to the second phase. Sempra has a pending request with the US Department of Energy to re-export imported cargoes of LNG as it eyes start-up activities later this year. The developer is seeking a two-year window to do so, beginning no later than 1 October. By Tray Swanson Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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