LNG

PetroChina International has delivered its first LNG cargo to the Gate LNG import terminal in Rotterdam under a long-term terminal-capacity agreement, marking the first physical delivery by the Chinese company under its booked access to the Dutch facility.

Woodfibre LNG has completed critical tunnelling works on its Eagle Mountain–Woodfibre feedgas pipeline, paving the way for pipe installation and commissioning ahead of the project's targeted first LNG cargo in December 2027.

Sept 22 – Marine cargo insurance premiums are on a falling trend, though 2025 premiums rose 6.9% last year to $24.2 billion largely due to the depreciation of the US dollar against European currencies. ”Overall the cargo market softened in 2025 rather than correcting, and that pattern has continued into 2026,” Mike Brews, chair of the Union of Marine Insurance’s (IUMI) cargo committee said in Rotterdam today.

Shippers have to deal with additional capacity and increased competition, which has softened the market somewhat. “More positively, the claims environment has remained favourable and this is reflected in the loss ratios,” Brews pointed out.

Australian energy major Woodside and its contractor Bechtel are accelerating construction at the 27.6 mtpa Louisiana LNG project with the aim of shipping a first cargo in 2029.

Cyprus-registered Premier Energy’s has committed to procure one LNG cargo of 1 million Megawatt-hours (MWh), equivalent to about 100 million cubic metres (MMcm) of natural gas, for delivery through Greece’s Alexandropoulos floating storage and regas unit (FSRU). The cargo is scheduled for April 2027.

Bangladesh’s state energy company Petrobangla has declined to unload the LNG supplied by Saudi Aramco after the carrier Alhamra, built in 1997, failed to satisfy the technical and safety standards required for unloading at the country’s floating LNG terminal at Moheshkhali. The Liberia-flagged Alhamra is carrying about 61,000 tonnes of LNG.

Soaring LNG prices have propelled up Pakistan power generation cost by 38% year-on-year, analysis by local brokerage Arif Habib Ltd shows. The latest cargo, delivered in late July, was purchased from TotalEnergies $21.88/MMBtu – the highest price Pakistan LNG ever paid for a spot cargo.

Europe is regaining some pull in the global LNG market with Kpler tracking six Atlantic Basin cargoes redirected to the bloc, versus two moving away – a sharp reversal from June when 13 cargoes were rerouted from Europe to Asia.

The Greek shipowner Dynagas has shipped 35 percent of all Yamal LNG volumes to European ports between January and July 2026, worth an estimated €2.35 billion, after Greece secured an exemption on the EU’s 21st sanction package for qualifying Russian LNG transport.

Woodside Energy has achieved first gas from its Scarborough reservoir offshore Western Australia, feeding the Pluto LNG terminal, with the first cargo from Train 2 targeted for export in the fourth quarter of 2026.