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PipeChina is gearing up to add a second regasification terminal for cargoes from Russia’s sanctioned Arctic LNG 2 project. The newly built Longkou LNG terminal in Shandong province meant to receive shipments before October.
Rising renewable capacity and cheaper batteries are weakening the investment case for LNG import terminals and gas-fired generation, with Ember signalling out China as the clearest example of that shift.
Japan’s Mitsui O.S.K. Lines has signed new supply agreements to expand the use of bio-LNG fuel on MOL-operated LNG-fuelled car carriers. Titan, part of Molgas, will supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region, where new agreement enables bio-LNG bunkering at Spanish ports including Malaga and Barcelona.
No LNG carriers are at the Ras Laffan berths and no loadings under way, our vessel tracking data shows, and Sunday night's explosion and fire at the Barzan plant points to a slower return to market for the complex than its recent restart signals had implied.
The number of ships that passed through the Strait of Hormuz fell sharply yesterday after Iran announced it had again closed the waterway, citing Israeli and US violations of the interim peace deal, shipping data showed.
An explosion has occurred at Qatar's Ras Laffan gas export terminal, as workers resumed operations at the plant after Iran bombed it during the war.
India’s state-owned Oil and Natural Gas Corp (ONGC) has reinvented itself as a ‘gas-and-oil’ company, its Chairman, Arun Kumar Singh said.
Norwegian state-owned energy giant, Equinor and its partners, Petoro, Shell, TotalEnergies plus ConocoPhillips, are to invest just over NOK4 bill in a new subsea development that will increase the North Seas’ Troll field gas production.
Cyprus is to finish its long-delayed LNG import terminal, Cyprus Energy Minister, Michael Damianos told Platts, part of S&P Global Energy, in a recent interview.
Bullishness abounds for LNG prices and winter 2026/27 contracts at Europe’s benchmark TTF gas trading hub after US President Donald Trump threatened to impose a US toll on shipments through the Strait of Hormuz. For spot prices, the sell-off after the peace memorandum was short-lived.
