Quote of the day: The only thing more powerful than hate is love

Global LNG Strategy Session 4pm (now) – Ira Joseph and Gordon Shearer

Thursday, March 5th at 4pm ET Ira Joseph – Senior Research Fellow at Columbia University’s Center on Energy Policy Gordon Shearer – Senior Advisor LNG, Poten & Partners * Premium Client Call * Registration – https://sankeyresearch.com/conference/sankey-strategy-session-ira-joseph-gordon-shearer-interest-form/ Client junior consumer analyst was asking about British American Tobacco getting hit today – defensive stock? Operations in Bangladesh, as shown in our note yesterday evening, dependent on Qatari LNG. Plenty on Korea getting really short natgas already, and Kuwait filling up oil storage fast.

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Energy Transition
Paul Sankey

Qatar LNG Shutdown: Global Energy Crisis (ex-US)

LNG superpower Qatar finds itself having been bombed by both Israel AND Iran within the past year. Now a gigantic oil and gas outage, and notably the unprecedented shutdown of the world’s single largest LNG facility, which is a multi-month outage, will roil markets far more than is currently being discounted in relatively muted energy and equity market responses. The world is sold out of LNG supply, and this gas would represent around 2mb/d of

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A Major Client Asks… Intelligence Responds

Paul, Saw your comments re: the Strait [of Hormuz]. Trying to get a sense of why tanker volume is so low between 1. Insurance 2. Voluntary – “let’s wait” 3. Iranian posturing 4. Fear of attacks 5. Actual attacks… etc… Agree with you that certainly don’t have the Navy to do it and mining seems like an extreme step so question really I guess is what does it take to get tankers (non Chinese/Russian) moving

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