LNG

Mozambique has been promised $6 billion in concessional financing, so-called soft loans from the World Bank for public investment projects – plus $4 billion of funding for the private sector, potentially supporting energy infrastructure projects like the Coral Norte FLNG.

Energy Aspects remains bearish against JKM–TTF Q1 26 spreads amid dwindling freight rates. Some recent fixtures for two-stroke LNG vessels in the Atlantic basin fell below $100,000 per day, opening the arbitrage for US LNG heading to markets east of Suez via the Cape of Good Hope.

Shell Australia adamantly opposes policies forcing LNG exporters to reserve more gas for the domestic market. Redistributing exiting supply is no solution, Shell Australia’s Cecile Wake says, so “let’s make the pie bigger.”

Economics of gas production in the Appalachian Basin will become more favourable by 2030 as LNG-related demand soars. Natural gas liquefied for export could more than double to 9.8 Tcf, or almost 27 bcf/d, in 2037.