LNG

Aktor’s joint venture with Greece’s state gas supplier Depa has signed a deal with Venture Global to import US LNG for domestic use and re-export to Ukraine and Romania. Initial re-exports are intended to start as early as 2026.

Galveston LNG Bunker Port has signed a Heads of Agreement with an international shipping company to supply LNG as marine fuel starting in 2029.

Not a single US LNG cargo transited the Panama Canal during the first three weeks of November, according to S&P Global Commodities at Sea data, as the arbitrage window prompted most tankers to head to Europe rather than Asia.

Nhon Trach Unit 4 — one of two units at Vietnam’s first LNG-fired power plant — is scheduled to begin commercial operations on December 20. PetroVietnam invested an estimated $1.4 billion in the twin units, which have a combined capacity of 1,620 MW.

Qatar is progressing to expand its LNG production from 77 million tonnes to 142 million tonnes per annum in-country, with QatarEnergy CEO Saad Al-Kaabi announcing the first new mega-train from the North Field LNG expansion programme is expected to come online by the third quarter of 2026.

Pakistan is preparing to sell excess LNG, imported from Qatargas and Eni, starting from January 1, 2026, after lower gas-burn for power generation created a surplus, petroleum minister Ali Pervaiz Malik said. The Government  initially tried to divert imported LNG to domestic customers, but this move increased circular debt in the gas sector and caused loses of around Rs1,000 billion (US$3.55 million) since 2018-19.

Chevron Australia and its partners in the Gorgon Joint Venture – ExxonMobil and Shell – have taken a Final Investment Decision (FID) on Gorgon Phase-3 off the West Australian coast.

Glenfarne has signed a definitive agreement to supply 1 mtpa of LNG to the South Korean trading house POSCO International over 20 years from its planned 20 mtpa Alaska LNG project, the only federally authorized LNG export project on the U.S. Pacific Coast.

British energy regulator Ofgem today approved the first £28 billion ($37.33 billion) of a total £90 billion of investment in UK power and gas network companies – including greater capabilities for LNG imports.

Turkish state gas company BOTAS has agreed to purchase a total of 11 bcm of LNG-equivalent over 10 years from Germany’s state-owned SEFE and Italy’s Eni starting from 2028. Shipments will take place in winter only, sourced the partner’s Atlantic Basin supply portfolios.