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  1. Urgency level L4 Major NewsEnergy

    IEA, 3 November 2026: LNG loadings via Strait of Hormuz down by >60 bcm, global LNG supply set to fall 3% (≈20 bcm) in 2026

    On 3 November 2026 the IEA published its Global Gas Security Review 2026, saying LNG loadings through the Strait of Hormuz were reduced by more than 60 billion cubic metres between March and October 2026 and that global LNG supply will fall by 3%, or almost 20 bcm, in 2026. The report highlights low storage buffers in Europe and warns this could prolong global gas market tightness into 2027.

  2. Urgency level L2 DowngradedEnergy

    Arbitration tribunal finds Venture Global breached Galp LNG contract

    Venture Global disclosed on October 8 that an arbitration tribunal found its Calcasieu Pass unit breached a long-term LNG contract with Portugal's Galp by failing to declare commercial operations on time. Damages remain unresolved and a contractual aggregate seller liability cap of $170 million applies, according to the company.

  3. Urgency level L2 DowngradedEnergy

    QatarEnergy North Field East LNG train reportedly nearing November readiness amid export disruption

    Reuters reported on October 7, citing two people familiar with QatarEnergy's plans, that the first North Field East LNG train could be ready to start operations in November, with first production expected in early 2027. QatarEnergy has not confirmed the schedule and shipping restrictions remain.

  4. Urgency level L2 DowngradedEnergy

    LNG Canada approves Phase 2 expansion, doubling planned export capacity

    LNG Canada partners approved a multi-billion-dollar Phase 2 expansion that will double Kitimat LNG capacity to 28 million tonnes per year, triggering TC Energy to proceed with Coastal GasLink Phase 2.

  5. Urgency level L3 Important NewsEnergy

    Qatar Extends LNG Force Majeure Into Winter as Hormuz Disruption Persists

    QatarEnergy has extended force majeure on LNG deliveries to Italy's Edison into early December and to some Asian buyers into November, deepening a months-long supply disruption as winter demand approaches.

  6. Urgency level L4 Major NewsSupply Chain & Logistics

    Hormuz Tanker Attacks Hit Highest Weekly Rate Since Iran War Began

    Maritime security sources report at least 12 attacks, attempted attacks or harassment incidents involving oil, LNG and LPG tankers around the Strait of Hormuz in the week of September 28 to October 5, the highest weekly total since the U.S.-Iran war began February 28.