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Friday, 17 July 2026
Security costs rather than freight fundamentals are increasingly determining LNG shipping economics. Owners face "between 6 and 10 million dollars for every single shipment" before vessels enter the Strait of Hormuz, simply to secure additional insurance cover, said Tom Beney, Senior Vice President of Ocean Freight at StoneX.
Thursday, 16 July 2026
Five First Nations can invest up to C$1 billion to own an LNG storage tank – as part of the LNG Canada’s Phase 2 expansion – and lease it back to the terminal developer for the operational life of the project. The tank would have a capacity of 225,000 cubic…
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Thursday, 16 July 2026
Shell has reached financial close on a small-scale LNG regasification terminal in the Bahamas. The project will be built in phases, with the regasified LNG – mostly sourced from Shell’s US LNG offtake – set to support baseload generation at Clifton Pier in excess of 170 MW.
Thursday, 16 July 2026
Beihai LNG in Guangxi has discharged 26 cargoes this year to 13 July, and every one of them came from Russia. That intake marks the terminal’s second-busiest first half in eight years, behind only 2024, and ten cargoes more than it took over the same window last year. The berth…
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Thursday, 16 July 2026
Woodfibre LNG, positioned as the world’s first net zero LNG export facility, is more than halfway complete and targets end-2027 for in-service, CEO Luke Schauerte said. Addressing potential labour shortages, he told BNN Bloomberg the project is “in a really good spot (…) sort of between the waves of building.”
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Wednesday, 15 July 2026
Italy-based Adriatic LNG has launched the accreditation phase for its Open Season 2026, offering medium- to long-term regasification capacity from January 2029 through December 2051. Accreditation is open through September 14 and the bidding phase will run from September 17-30.
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Wednesday, 15 July 2026
BlackRock-backed funds, managed by HPS Investment Partners, have committed $500 million to Glenfarne’s Texas LNG project, bringing the Port of Brownsville export terminal closer to a final investment decision (FID).
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Wednesday, 15 July 2026
U.S. LNG feedgas demand is weakening with Freeport LNG pulling nominations down to about 1 bcf/d as major maintenance began on July 10, while Golden Pass has also been showing erratic feedgas behaviour during ramp-up.
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Tuesday, 14 July 2026
New Zealand’s government is aiming to sign a contract for developing the country’s first LNG facility before the November general election, with energy minister Simeon Brown saying a preferred bidder is likely to be selected before the vote. Imported LNG is intended to insulate New Zealand against drought risk, which…
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Tuesday, 14 July 2026
Crude oil and LNG shippers are waiting for more details after U.S. President Donald Trump said Washington would impose a 20% charge on all cargoes transiting the Strait of Hormuz, a move the U.N.’s International Maritime Organization said it strongly opposes as unlawful.
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