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Russia's Arctic LNG export plant, sanctioned by the US, launched its 2nd production line 🇷🇺❤️🚢 🔧 Despite limitations on equipment, the Arctic LNG 2 facility keeps expanding ⚠️ Importers are still reluctant to buy the plant's fuel due to US restrictions bloomberg.com/news/articles/…

Taiwan may hold a referendum vote to restart idled nuclear reactors 🇹🇼☢️ 🗳️ Lawmakers passed a proposal Tuesday to hold a referendum on restarting the Maanshan nuclear power plant. If it goes forward, the referendum would be on Aug 23 ⚠️ Taiwan shut its last reactor on Saturday

China secures LNG supply amid wider energy security push 🇨🇳🚢 These deals were signed this last week 👇 📌 Zhejiang Energy agrees to buy LNG for 10 years from BP 📌 Guangzhou Gas agrees to buy from Mercuria 📌 Guangdong Pearl River agrees to 15-year deal with Conoco

The world’s biggest green hydrogen project being built in Saudi Arabia is struggling to find overseas buyers for its fuel ⚠️ 🇸🇦 The $8.4 billion project is the latest example of the challenges facing green hydrogen: no one really wants to pay for it bloomberg.com/news/articles/…

Trump starts another trade war Investors:

Trump’s comment on the Nippon Steel-US Steel “partnership” is confusing Looks like Trump approved Nippon Steel’s $14 billion takeover of US Steel without explicitly saying so Instead, says US Steel’s HQ will remain in Pittsburgh, receive big investments (always was the plan)

This is potentially bearish for global natural gas prices 🇮🇳 📉 The monsoons could help ease hot summer weather, reducing demand for electricity India has had to boost purchases of spot LNG in previous years due to heatwaves and record power demand