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Five US LNG projects are set to start operations and ramp up productions by the end of 2027, adding nearly 30% to the country’s current peak export capacity of 18.3 bcf/d and helping offset 10 Bcf/d of damaged Qatari export capacity, according to US government analysts.
The notion of exporting LNG through Canada’s northern Port of Churchill, located in Hudson Bay, has become a bit closer, following a meeting between Manitoba Premier, Wabanakwut (Wab) Kinew and Canadian Prime Minister, Mark Carney.
Russian energy giant Gazprom has delivered a second post-sanctions LNG cargo from the Baltic Sea's Portovaya plant to China, according to LSEG’s data.
India’s LNG importers have increased spot market purchases, to take advantage of a recent dip in prices in the face of a drop in supplies due to the Middle East war.
Bangladesh plans to import 11 LNG cargoes next month, despite surging global prices, as it seeks to ensure an adequate gas supply for power generation during the peak summer season.
Asian stocks were poised for a second week of strong gains, while oil prices remained below $100 per barrel, as investors became hopeful of a near-term resolution to the Middle East war.
Australia’s second-largest oil and gas producer, Santos, has underscored the “strategic advantage” of LNG from Down Under as the fallout from Hormuz shipping disruptions could last for years. Santos – and its rival Woodside – are both stepping up “safe” LNG supplies to Asian offtakers.
Pakistan is running furnace oil-fired power plants at full capacity and has delayed nuclear‑plant maintenance after LNG supply disruptions slashed gas‑fired generation to roughly 500 MW, down from 6000 MW installed capacity.
Swiss-based MET Group has reported a sharp rise in 2025 revenues, up 59% to €28.5 billion, thanks to contracting 242 Bcm of natural gas and tripling its LNG activity. CEO Huibert Vigeven said MET works “from the customer backwards,” structuring its sourcing and supply around the needs of industry and end-customers.
Jaw Jaw! Oil prices fell to around $94 per barrel early this morning, while Asian stocks climbed as optimism over a potential deal to end the war and strong corporate earnings lifted markets across the region.
