LNG

Uniper’s chief commercial officer Carsten Poppinga has brushed off concerns about Germany’s overreliance on US LNG imports. “We are not dealing with an administration; we are dealing with companies operating in a certain system, and I have confidence in that system,” he told Reuters on the sidelines of the LNG2026 conference in Doha.

Asia Pacific’s natural gas demand is forecast to rise 4% this year, as a surge in new LNG supply from Qatar and the US is expected to lower prices. A landmark 40 bcm, or 7% increase in global LNG may well make price-sensitive buyers in China re-emerge, the International Energy Agency (IEA) forecasts.

Indonesia is turning to LNG-fuelled power generation to ease its stalled coal exit, as international coal retirement efforts struggle. Tenders for small-scale LNG distribution are targeting 41 power plants with 2,148 MW capacity combined in remote regions, with operations expected from late 2026 to 2027.

QatarEnergy's fleet of LNG carriers will reach 200 vessels within the next few years, driven by its 128-vessel shipbuilding program plus replacements. CEO Saad Sherida Al-Kaabi's said the company is finalizing contracts for over 100 newbuilds, with more to come.

Malaysia’s Petronas has inked a 20-year sale and purchase agreement (SPA) with QatarEnergy for up to 2 million tonnes per annum (mtpa) of LNG. The deal, signed at the LNG2026 trade show in Doha, marks the first long-term LNG supply contract between the two state-owned energy giants.

Soaring electricity demand from AI data centres could transform the upcoming global LNG glut into a shortage by 2030, QatarEnergy CEO Saad al-Kaabi said at the LNG2026 conference in Doha. If demand overshoots expectations and the LNG build-out cannot keep pace, prices may spiral.

The Energy Regulatory Commission (ERC) of the Philippines has approved a five-month expansion of Meralco’s power purchase agreement (PPA) with First Gas Power Corp. The deal secures 1,000 MW of electricity supply from the Sta.Rita power plant in Batangas until June 25.

Energy World Corporation (EWC) has strengthened its balance sheet by converting $434 million of debt into equity, erasing the group’s external debt to advance its 3 mtpa Pagbilao LNG regas terminal and integrated power project.

Exxon Mobil CEO Darren Woods anticipates first LNG at Golden Pass LNG terminal will be “produced in very early March.” The $10 billion liquefaction terminal near Sabine Pass, jointly owned by Exxon Mobil and QatarEnergy, will become one of the newest US LNG export plants as it advances through commissioning.

Feedgas intake at Freeport LNG is ramping up following a brief shutdown last week. A compressor system malfunction had reduced feedgas to 1.5 billion cubic feet per day (bcfd), well below the terminal’s full capacity of around 2 bcfd across all trains.