Qatari shipping company Nakilat confirmed an attack on its LNG tanker Al Mayeda in the Strait of Hormuz, as Russian gas exports to Europe via TurkStream reached 14.8 billion cubic meters. Meanwhile, Russian authorities implemented emergency fuel security measures in the Nizhny Novgorod region following drone strikes on industrial infrastructure.
Global market
Qatari shipping firm Nakilat confirmed that its LNG carrier Al Mayeda was attacked by unidentified objects in the Strait of Hormuz, escalating maritime security threats in the Persian Gulf. In development finance, the African Energy Bank officially commenced operations with headquarters in Abuja, Nigeria, established to fund oil, gas, and energy infrastructure projects across the continent. Meanwhile, Japan announced plans to introduce a mandatory verification and registration system for data centers to safeguard national security and prevent foreign influence over digital energy infrastructure. Additionally, US energy major Chevron boosted global exploration spending by 50%, reallocating capital toward offshore deepwater blocks in South America and Africa.
Russia & CIS
Russian natural gas exports to Europe via the TurkStream pipeline rose 1% year-to-date to 14.8 billion cubic meters, according to data from the European Network of Transmission System Operators for Gas (ENTSOG). On the domestic front, authorities in Russia’s Nizhny Novgorod region implemented emergency fuel supply measures following a Ukrainian drone attack that damaged industrial and utility infrastructure in the Kstovo district, while temporary flight restrictions at regional airports were lifted. In Ukraine, nighttime strikes on electrical grids caused widespread power outages across six regions, severely affecting Dnipropetrovsk, Kyiv, and Zhytomyr.
Armenia
Reports confirming an attack on Qatar’s LNG carrier Al Mayeda and drone strikes on Russian fuel infrastructure underscore heightened supply risks in regional energy markets. Despite maritime insecurity in the Strait of Hormuz and regional infrastructure disruptions, retail prices for petrol, diesel, and compressed natural gas in Armenia remain stable. Direct natural gas imports from Russia and power generation at the Armenian Nuclear Power Plant operate at full capacity under long-term EAEU contracts, protecting the domestic market from global price shocks recorded in international market price assessments.