Blog - Cedigaz

From supply wave to supply gap: LNG market under Gulf disruption

Posted in Analysis, LNG, LNG report, LNG Terminals on 24 March 2026

Recent attacks on Qatar’s LNG infrastructure have taken two liquefaction trains out of service, removing approximately 12.8 mtpa (~17% of Qatar’s capacity) for an estimated three to five years.

This development intensifies the disruption seen in recent weeks, centred on the effective closure of the Strait of Hormuz, which normally carries around 20% of global LNG trade. Maritime constraints have already translated into both physical supply losses and logistical bottlenecks, with LNG carriers unable to exit the Gulf and export flows significantly constrained.

The crisis has now shifted into a structural supply loss, extending beyond the short-term disruption scenarios considered earlier.

The Russian LNG Fleet: Sanctions Adaptation vs. the Shadow Fleet Narrative

Part 2

Posted in Analysis, LNG, LNG report on 6 March 2026

By Irina Mironova for Cedigaz

In Part 1, we outlined the methodology used to identify vessels engaged in Russian LNG transportation and reviewed the structural characteristics of the fleet. In this second part, we turn to ownership structures and sanctions exposure.

The Russian LNG Fleet: Sanctions Adaptation vs. the Shadow Fleet Narrative

Part 1

Posted in Analysis, LNG, LNG report on 24 February 202625 February 2026

By Irina Mironova for Cedigaz

Recent months have seen extensive reporting on Russia’s oil “shadow fleet.” This prompted a parallel review of the LNG shipping segment: does a comparable structure exist in LNG, and what does the actual fleet engaged in transporting Russian LNG look like?

The result is a dedicated database compiled for Cedigaz subscribers, covering vessels directly or indirectly involved in transporting LNG from Yamal LNG, Sakhalin LNG and Arctic LNG-2, as well as vessels participating in transshipment operations.