LNG

Tanzania expects to sign $42-B mega LNG project before June

Tanzania expects to sign before June a deal for its stalled project to construct a $42 billion liquefied natural gas (LNG) plant, a senior government minister said, with production set to start in eight years' time. Equinor and Shell are joint operators of the mega gas project, which would unlock 47..

Glenfarne announces major Phase 1 Alaska LNG milestones, with construction, line pipe supply and gas agreements

Glenfarne Group, LLC subsidiary Glenfarne Alaska LNG, LLC (Glenfarne), majority owner and developer of the Alaska LNG Project, today announced a series of major advances that move Phase One of the Alaska LNG Project from development into early execution – focused on rapidly delivering reliable, affo..

JERA signs winter LNG supply agreement with Woodside

JERA Co., Inc., Japan’s largest power generation company and leading global LNG player, announced today that it has signed a sale and purchase agreement (SPA) with Woodside Energy Trading Singapore Pte. Ltd. (Woodside) to secure liquefied natural gas (LNG) supply during Japan’s peak winter demand pe..

Darwin LNG resumes shipments with first cargo on Kool Blizzard tanker

Darwin LNG halted shipments in late 2023 as the plant's previous gas source, the Bayu Undan field in the Timor Sea, was depleting. It is now receiving natural gas from the Barossa oil and gas project, which is co-owned by Santos, South Korean energy company SK E&S, and Japan's JERA.

EU countries give final approval to Russian gas ban

Ministers from EU countries approved the law at a meeting in Brussels on Monday, although Slovakia and Hungary voted against and Bulgaria abstained.

When the U.S. freezes, the global LNG market catches a cold

Cold weather conditions in the U.S. can now lead to higher gas prices in Asia and especially Europe, which is heavily dependent on U.S. LNG after Russia slashed pipeline flows following its invasion of Ukraine in 2022.

XRG to increase stake in Rio Grande LNG

XRG to acquire a 7.6% stake in Trains 4 and 5 of Rio Grande LNG project, one of the world's largest LNG export facilities New investment builds on XRG’s initial 11.7% stake in Phase 1 of the project, including Trains 1, 2 and 3 Transaction further advances XRG’s strategy to build a top-tier glob..

Kinder Morgan beats quarterly profit estimates, stays bullish on natgas demand

U.S. midstream companies such as Kinder Morgan are benefiting from strong oil and gas production in the Permian Basin, record liquefied natural gas exports and rising power demand from artificial intelligence infrastructure.

Shell considers exit from Argentina's Vaca Muerta shale play

Shell has approached potential buyers for Vaca Muerta assets, sources say Shell's assets likely to be valued in billions of dollars, sources say European oil major among earliest backers of Argentine shale play Sale plans follow Shell's exit from Argentina LNG project Oil major Shell is ..

China to offer LNG futures as soon as next month

LNG futures to be listed on Shanghai Futures Exchange Contracts could shift market influence to China from West China's LNG imports forecast to rise 12% this year China is set to offer domestic-listed, yuan-denominated liquefied natural gas (LNG) futures contracts as soon as next month, p..

Inpex working on advancing Indonesia's Abadi LNG project to meet government request

Efforts underway to bring forward Abadi start from early 2030s In talks for large gas reserves in Australia to supply Ichthys Japan's Inpex is working to advance the start of its Abadi project in Indonesia to meet the government's request to speed up and has seen strong interest from Weste..

Europe set for record LNG imports in 2026

EU seeks to reduce reliance on Russian energy post-Ukraine invasion Global LNG supply to grow over 7% by 2026, led by North America Europe's LNG imports to hit 185 bcm in 2026, IEA forecasts Europe is expected to import a record amount of LNG this year with global supply also expected to ..

LNG tankers divert from eastbound route as Europe premium widens

Traders are cashing in on higher gas prices in Europe against Asia, diverting at least two liquefied natural gas tankers that were initially eastbound towards Europe and Turkey in the past week, shiptracking data showed. Falling temperatures in the northern hemisphere are boosting heating demand, l..

Japan's LNG imports fall 1.4% in 2025 to 64.98 million tons

Japan's liquefied natural gas (LNG) imports fell 1.4% in 2025 from a year earlier to 64.98 million metric tons, trailing China's 68.43 million tons, preliminary trade data from the Ministry of Finance showed on Thursday. China's LNG imports dropped to a three-year low in 2025, official data showed...

Venture Global wins LNG arbitration case brought by Spain's Repsol

Venture Global has now won two of three arbitration cases brought by major energy firms Repsol's contract with Venture Global involves 1 million metric tons annually for 20 years Venture Global shares rose more than 17% in post-market trading after the announcement Venture Global said an ..

Vietnam to tweak rules to encourage LNG power plant development

Vietnam plans to adjust its rules on the government's guaranteed purchase of power from liquefied natural gas-fired plants as it seeks to revive interest from developers. The Southeast Asian country targets having a fleet of LNG-fired power plants with combined capacity of 22.5 gigawatts by 2030, b..

Global LNG supply set to jump in 2026, limiting prices and spurring demand

This year marks the start of a large wave of supply that analysts expect to last until 2029, depressing prices that could drive more demand from emerging economies.

Egypt says it paid $5 B to foreign oil partners, targets arrears cut

A foreign currency shortage forced Egypt to delay payments to international oil companies operating in Egypt, slowing investment and contributing to a drop in gas output that forced it to rely heavily on imports from 2022, whether from neighboring Israel or costly LNG cargoes.

Hanwha Ocean advances Newfoundland LNG project as part of broader CPSP-linked industrial partnership in Canada

Hanwha Ocean announced that it has signed a strategic Memorandum of Understanding (MOU) with Fermeuse Energy to jointly advance the Newfoundland and Labrador LNG development project in Canada. This collaboration underscores Hanwha's long-term industrial commitment to Canada, aligned with its partici..

Tecnimont enters LNG market with strategic agreement with Argent LNG for Louisiana export facility

TECNIMONT has signed a term sheet to participate as integrated engineering service provider in the development of Argent LNG’s groundbreaking 25 MTPA LNG project in Louisiana, United States TECNIMONT will leverage its proven ability to integrate advanced Original Equipment Manufacturers (OEM) tec..

European gas prices rebound on low storage levels, weak LNG flows

Dutch and British gas contracts rose on Tuesday morning, with attention again turning to gas storage, which is now half empty, weaker flows of liquefied natural gas (LNG), and the deterioration in the relationship between the U.S. and Europe.

ADNOC Gas signs $3-B, 10-yr LNG deal with Hindustan Petroleum Corporation Limited

India is now UAE’s largest customer of LNG, 20% of LNG operated by ADNOC Gas will be supplied to India by 2029 $20 billion worth of LNG contracts signed in last 24 months between ADNOC Gas and Indian companies LNG agreement reinforces ADNOC Gas’ position as a reliable supplier of Indian energy ..

CB&I awarded EPC contract for two LPG storage spheres in Canada

Horton CBI, Limited (Horton CBI), a wholly-owned subsidiary of CB&I, announced that it has been awarded a sizable contract for the engineering, procurement, fabrication, and construction (EPFC) of two liquefied petroleum gas (LPG) Hortonspheres® by a leading Canadian infrastructure company, for whom..

Eni announces the Hull Launch of the Coral North FLNG

At the presence of the Minister of Natural Resources of the Republic of Mozambique Estevão Pale and Eni’s Chief Operating Officer Global Natural Resources, Guido Brusco, Eni and its partners, China National Petroleum Corporation (CNPC), ENH, KOGAS and XRG announced today in Geoje, South Korea, the h..

Larsen & Toubro wins order for hydrocarbon onshore business

The project, to be delivered entirely on a lump sum turnkey basis, comprises engineering, procurement, construction and commissioning (EPCC) of a liquefied natural gas (LNG)/ethane double-wall storage tank with a capacity of 170,000 m3 and a propane double-wall storage tank with a capacity of 140,000 m3 at the Dahej Petrochemical Complex in Gujarat.

Glenfarne’s Texas LNG fully subscribed with 20-yr RWE offtake deal

Glenfarne Group has fully subscribed capacity at its Texas LNG export project after signing a binding 20-yr LNG offtake agreement with RWE Supply & Trading.

Opinion: What excites and worries LNG exporters in 2026

The year 2025 in the LNG sector will be one for the history books after production and exports of the super-chilled fuel smashed records and raked in billions of dollars in revenues across the global liquefied natural gas supply chain.

Vietnam's EVN secures $1.13-B loan for LNG power plant project

The loan is provided by four of Vietnam's top banks, including Vietcombank, VietinBank, BIDV and Agribank.

Key U.S. energy, power trends at home and on world markets

Overseas, the U.S. is set to cement its position as the largest and most influential exporter of crude oil and natural gas, which continue to underpin a vast majority of global energy systems and generate massive earnings for the U.S. Treasury.

Saudi Aramco and Commonwealth LNG sign long-term supply deal

Deal includes option to double supply to 2 mtpa Aramco aims to expand LNG presence in U.S. market Commonwealth LNG targets 8 mtpa sales before construction Saudi Aramco and Commonwealth LNG have signed a long-term contract for the U.S. LNG developer to supply the world's largest oil exporter ..