LNG

Canada’s Prime Minister Mike Carney is pushing to advance a free trade agreement with India that would open a strategic outlet for LNG, agri-food and technology exports. The move reflects Canada’s effort to fast-track Pacific‑facing LNG infrastructure and lock in long-term offtake.

Glenfarne Group has signed a preliminary 30-year gas supply pact with ConocoPhillips, securing sufficient volumes for Phase 1 financial close on the Alaska LNG project.

India’s energy security is under strain due to loss of Qatari LNG deliveries, prompting Petronet to activate emergency clauses in other import agreements and scrambles for spot cargoes from Australia and the US to offset the shortfall.

Gazprom’s latest cooperation push with CNPC is accelerating the ramp-up of Russian pipeline gas exports to China, capping the country’s LNG demand. Gazprom aims to increase exports via additional pipeline routes such as the Power of Siberia 2 pipeline.

Nhon Trach 3&4, Vietnam’s first two LNG-fired power plants were inaugurated on Sunday. The US$1.4 billion, 1.6 GW project secured US$1.1 billion in financing – without state guarantees.

Greece has signed its first long-term LNG supply contract, agreeing to purchase at least 700 million cubic meters annually from Venture Global for the next 20 years. The LNG will be procured by a Greek partnership between AKTOR and DEPA Commercial, with an option to expand the annual offtake to 2 billion cubic meters.

Iraq is nearing completion on its first ever LNG purchase agreement, as the country struggles to meet growing electricity demand amid recurring power outages. Excelerate Energy is one of the leading bidders in a competitive tender and currently in advanced talks with Iraq’s state-run South Gas Company.

Federal Energy Regulatory Commission’s (FERC) final order for Commonwealth LNG is affirming the authorisation of its 9.5 mpta LNG export terminal to be built along Calcasieu Ship Channel near Cameron, Louisiana. With FERC’s final order in place the $11 billion project can now go ahead.

Iberdrola, Spain's No. 2 energy company and one of Europe’s biggest LNG buyers, said it has agreed to buy Scottish Power of the UK in a deal worth 17.2 billion euros ($22.6Bln) to spread its customer reach in the Atlantic Basin.