LNG puts an end to gas-burn growth in the US
2025 marked an end to a 13-quarter run of gas generation growth in the United States, where rising feedgas demand for LNG exports pushed up Henry Hub gas prices and made utilities switch to coal. Gas-burn fell by 34 TWh or -3.9%, compared with a 44 TWh or 5.4% rise last year, lowering the share of gas in the US power mix to 37.9% from over 40%, Ember think tank finds.
Favourable arbitrage makes more US LNG head to Europe
US LNG exports are forecast to rise to 2.43 million metric tons per week heading into late 2025 and early 2026, driven by demand recovery and below-average gas storage in Europe. American shippers exported a record 9.4 million metric tons of LNG in September, with two-thirds of the cargoes sold to Europe as the arbitrage window stays open.
Turbine shortages delay LNG-to-power projects in Southeast Asia
Lengthy equipment-order backlogs delay and inflate costs of LNG-fuelled power projects in Vietnam and the Philippines. Some turbine makers advise developers to plan 7-8 years ahead for turbine procurement.
Higher margin, lower emission gives US LNG an edge over coal
US LNG outperforms coal in economic terms and carbon intensity when evaluated over its full lifecycle for power generation. Two-thirds of US LNG originates from Haynesville and Northeast basins, where drier gas production with less associated liquids create more favourable emission profiles, Wood Mackenzie finds.
LNG exporters face margin squeeze due to drop in oil prices
Oil-indexed LNG exporters brace for a squeeze in profit margins as ICE Brent crude oil prices fell to $65 per barrel on October 5, down from $70/bbl at last week’s high, after OPEC announced a production increase on Sunday. Rystad Energy reckons ICE Brent will unlikely to hold above $60-65/bbl in 2026 unless OPEC+ adjusts its sanctions on Russia and Iran severely limits exports.
Rising US feedgas exports to Mexico’s LNG terminals reshape trade
The value of US-Mexico trade is shifting as Mexico evolves as a conduit for re-exporting American gas to global LNG markets. Though US exports rose 5% the trade value fell more than 30% to $4.2 billion during the first half of 2025, largely due to lower fuel prices.
Baker Hughes wins Bechtel contract for Port Arthur LNG expansion
Baker Hughes has secured a contract from Bechtel Energy to supply liquefaction equipment for Phase 2 of Sempra’s Port Arthur LNG project in Jefferson County, Texas. The new equipment supports a nameplate capacity of 13 mtpa.
Canadian gas price turns negative on LNG Canada hiccups
Spot gas prices at Canada’s AECO hub in Alberta have plunged recently turned negative as production overruns collide with technical issues at the country’s first LNG export facility. Train 1 at LNG Canada struggles to scale up operation, creating a gas supply overhang in British Columbia.
New Zealand launches ROI for LNG import tender
The New Zealand Government will launch the registration of interest (ROI) phase for LNG import facility services on October 6, in the face of fuel shortages due to rapidly declining domestic gas reserves. The actual tender will be managed separately.
Shell CEO reassesses timing on LNG Canada Phase 2
Shell CEO Wael Sawan is focussing on LNG to improve the company’s financial performance against its rivals. "We are absolutely committed to this sector," Sawan said, though the timing on financial close on LNG Canada Phase 2 will be reassessed.
