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by ING, even a swift resolution to current maritime disruptions would not immediately alleviate the supply pressures facing the market.A critical factor in the current outlook is the status of Qatari LNG supply. ING highlights that the restart of Qatari capacity will be a time-consuming process. In addition, approximately 17% of Qatar's LNG capacity is expected to remain offline for the foreseeable future following an Iranian attack. This physical damage to infrastructure, combined with delays in the commissioning of new Qatari production capacity, has led markets in both Asia and Europe to price in a structurally tighter environment extending into 2027.The analysis further emphasises that there are currently very few supply alternatives capable of offsetting the volumes disrupted in the Persian Gulf. While new US LNG capacity is gradually coming online, its ramp-up is not sufficient to fully compensate for the shortfall.Consequently, the burden of balancing the market is increasingly shifting towards demand-side adjustment. This is most evident in the power generation sector:%u2022 In Asia: Utilities are expected to rely more heavily on coal to meet energy needs.%u2022 In Europe: Elevated gas prices are making coal-fired generation more economically competitive, even when accounting for the additional costs of carbon pricing.The LNG market is entering a prolonged phase of scarcity. As noted by ING, the combination of geopolitical risk and infrastructure constraints in the Middle East suggests that elevated prices and supply tightness are likely to persist in global energy markets for several years.Golden Pass LNG marks historic milestone with first LNG productionGolden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has achieved first production of LNG from Train 1 at its Sabine Pass terminal, marking a significant milestone in the project%u2019s journey to full operations. This achievement reflects years of planning, engineering, permitting, construction, start-up activities, and community collaboration.%u201cToday, we began producing LNG at our terminal in Sabine Pass, marking the completion of a significant effort to construct, commission, and start up the first LNG Train and the beginning of operating a world-class facility with an exceptional team%u201d, said Alex Savva, President and CEO of Golden Pass. %u201cThis remarkable step was achieved through the unwavering dedication of our employees, the commitment of our shareholders, and the strength of our partnerships%u201d.The commencement of LNG production paves the way for Golden Pass LNG to deliver its first cargo, achieve sustained liquefaction operations, and meet its commercial and strategic objectives.%u201cI%u2019m proud of our team and their tireless work to ensure we safely reached this milestone%u201d, said Jeremy Horn, Vice President of Operations for Golden Pass. %u201cWe%u2019re excited to go to work delivering Texas LNG to power the world%u201d.The achievement also represents an important milestone for Golden Pass LNG%u2019s shareholders, underlining the project%u2019s strategic role in strengthening global energy supply and supporting long-term growth in the LNG market. Golden Pass expects to commence LNG exports to global customers in the second quarter of 2026.GasEntec to deliver landmark Dakar LNG terminal in SenegalGasEntec, together with its affiliates, has announced that it has entered into contracts with ELTON Logistics & Services to deliver a jetty-based LNG regasification unit (JRU) and associated onshore LNG infrastructure for the Dakar LNG terminal in Dakar, Senegal.The new LNG terminal is expected to become a major LNG import facility in West Africa, supplying natural gas to a 300 MW combined-cycle power plant in Cap des Biches, Dakar %u2014 Senegal%u2019s largest power plant %u2014 as well as several other power plants, industrial customers, and additional end users. The project supports Senegal%u2019s continued energy transition as the country diversifies its fuel sources while enabling economic and industrial development.The project was awarded under a mandate to address urgent national power sector requirements. GasEntec expects first gas on an expedited timeline, with full terminal operations targeted for the first half of 2027.Commodities330 NX