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Heightened geopolitical tensions linked to the Iran conflict are driving renewed interest in short-term Power Purchase Agreements (PPAs), as European energy buyers look to shield themselves from price volatility and supply shocks, according to new analysis from Montel.

The Survey concludes that global natural gas markets are entering a new era defined by increased market-based pricing, expanding LNG flexibility and intensified geopolitical risk, as the world experiences its second major natural gas price shock in just four years.

The ceremony, organised by the Institution of Gas Engineers & Managers (IGEM) and the Energy & Utilities Alliance (EUA), took place in London on 13 May 2026.

Oil prices could reach US$200/bbl in worst-case scenario as more than 11 million bpd of Gulf crude and condensate supply remains curtailed.

IEEFAºÚÁÏÉç™s updated European LNG Tracker and EU Gas Flows Tracker show that EuropeºÚÁÏÉç™s imports of US LNG more than tripled between 2021 and 2025, as countries reduced their reliance on Russian pipeline gas.

The distributorship agreement will see Patriot support the roll-out of STATSºÚÁÏÉç™ proven technology, including weld test tools, pipe end plugs (internal and external) and mechanical pipe connectors.

As AI-driven data demand accelerates, AfricaºÚÁÏÉç™s vast natural gas reserves are emerging as a critical enabler of data centre growth ºÚÁÏÉç“ placing gas at the centre of discussions at African Energy Week 2026ºÚÁÏÉç™s AI and Data Centre Track.

The Federal GovernmentºÚÁÏÉç™s proposal to require LNG exporters to supply 20% of export volumes into the domestic market raises significant concerns about the potential impacts on competition, investment and future gas supply.