Pablo Galante Escobar, head of LNG at Vitol, at LNG2026
Reshaping the way LNG is traded
Panellists at LNG2026 discussed the way LNG is marketed and traded, and their own strategies for success
The rapid globalisation of LNG trade, the rise of portfolio players, and a series of geopolitical and weather-driven shocks have fundamentally reshaped how LNG is marketed and traded, panellists said during an LNG2026 discussion. Executives from utilities, major energy companies and trading houses described a market that has become far more interconnected, asset-intensive and financially complex, where flexibility and risk management increasingly determine who can operate successfully. The strategies the industry uses to move molecules profitably, reliably and flexibly have evolved sharply over the past two decades, particularly in the aftermath of the COVID-19 pandemic and the onset of the
Also in this section
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
3 March 2026
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
