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Eni has secured about 2 million tonnes per annum (mtpa) of LNG from its South Hub and North Hub projects in Indonesia, supplied via the Bontang terminal in East Kalimantan. The additional supply will help Eni reach its target of more than 20 mtpa of contracted LNG supply by 2030.
MidOcean Energy has secured an $120 million equity investment from The Arab Energy Fund (TAEF) as part of its ongoing capital raise, targeting up to $2 billion from new investors.
Five US-loaded LNG cargoes have diverted from European or Egyptian destinations into the Pacific Basin in the four weeks through mid-May: the WilPride, SK Audace, Umm Al Houl, Adamastos and Sea Navigator. Four are signalling 'For Orders' and one (the Adamastos) is bound for Dahej, India, LNG Journal’s data shows.
Turkey’s state-owned pipeline operator BOTAS and the Italian energy company Edison have agreed to work together on LNG trade and swap operations, while evaluating a new gas pipeline across the Mediterranean between Turkey and Italy.
With LNG Canada and other projects advancing, Canada is entering a broader energy-infrastructure boom rather than a one-off build-out. For upstream companies like Canadian Natural Resources, that shift lifts realized gas pricing, strengthens margins, and expands long‑term cash‑flow potential.
At least four LNG tankers have transited through the Strait of Hormuz in recent days, setting sail to Pakistan, India and China, after being held back for almost three months.
Long-term LNG charters – not spot cargoes – are buyers’ favourite, once again, as they provide greater protection against freight rate spikes and shipping disruptions. This trend could tighten global LNG carrier availability for years to come.
An LNG tanker loaded at ADNOC’s Das Island terminal has exited the Strait of Hormuz and is now on route to India. The most likely buyer is Indian Oil Corp, the counterparty to ADNOC’s latest long-term supply agreement.
A third Qatari LNG tanker has transited the Strait of Hormuz bound for China after Qatari mediators arrived in Tehran to help broker a deal to end the US-Iran conflict. The vessel, Al Sahla, is scheduled to arrive at China’s Tianjin LNG terminal on June 14, according to LSEG shipping…
Kinetics LNG has secured a $125 million investment from Turkish private equity firm Actera Group to help fund the expansion of its floating LNG business, targeting emerging markets.