Alaska LNG could become South Korea’s first U.S. investment
The Alaska LNG project has emerged as South Korea’s likely first U.S. investment under a $200 billion trade deal, with Seoul signalling a possible announcement in late August or early September.
Ichthys pay deal sealed after little impact on LNG flows
Workers at Inpex's Ichthys LNG plant have voted in favour of a new enterprise agreement covering 2026 to 2030, which the company is now preparing to lodge with the Fair Work Commission. That closes a dispute which ran from 2 June to 17 June and only escalated to the shutdown of one of Darwin's two liquefaction trains in its closing days. Still, it cost Inpex some $200 million by the unions' estimate, with one LNG cargo and two condensate cargoes said to have missed their loadings.
Hormuz set to reopen June 19 as US, Iran finalise peace deal
The Strait of Hormuz, a critical chokepoint for roughly 20% of global LNG supply, will reopen to shipping on Friday, June 19, after the US and Iran formally sign a peace deal to end the war, US President Donald Trump confirmed. Brent crude futures fell 4.1% in early trading on Monday on the news.
Iraq hit by Iranian gas squeeze as Excelerate LNG deal advances
Iraq’s power sector remains vulnerable to fluctuations in Iranian gas supplies, prompting Baghdad to press ahead with plans to import LNG through the country’s first floating terminal, developed by Excelerate Energy.
Peace deal rumours set to slam oil, LNG futures
An US-Iran peace deal resolution is expected “very soon,” Pakistan’s foreign ministry says – which would hit future prices immediately – but physical LNG and oil flows, deliveries, and broader supply normalization would lag by weeks, Rystad Energy cautions.
SEFE secures Argentina’s first long-term LNG export deal
Securing Energy for Europe (SEFE) and Argentina’s Southern Energy have signed an 8-years sales and purchase agreement (SPA) for 2 mtpa of LNG, with deliveries starting in late 2027. The deal, totalling 16 mtpa over the contract term, marks Argentina’s first long-term LNG export contract.
Taiwan’s CPC plans to triple US LNG imports
Taiwan’s state-run CPC Corporation plans to increase US LNG imports to 30-33% of its total supply in 2026, more than triple the 10% recorded last year. The move is part of a bilateral trade agreement, requiring Taipei to reduce the island nation’s $111 billion trade surplus with the United States.
Tanzania works towards signing $42bn LNG deal before June
Tanzania is working towards signing a $42 billion LNG project agreement before June, with first production envisaged in eight years, Planning and Investment Minister Aida Mkumbo said during a London briefing. The project targets 47 Tcf of offshore reserves in Blocks 1, 2, and 4 off Lindi in southern Tanzania, with a view to developing a 10 mtpa LNG export terminal.
US shale deal-making soars as Asian buyers seek feedstock for LNG
Deal-making in the US shale gas sector has spiraled as Asian buyers seek to secure reliable feedstock for LNG offtake. More than $28 billion worth of gas and LNG assets are currently up for sale.
US lowers auto tariffs, makes EU buy more LNG in return
The Trump administration has started to implement a landmark trade deal by lowering auto tariffs to 15% – now the onus is on the EU to purchase $750 billion in US LNG, oil, and nuclear energy products by 2028. Additional long-term deliveries of US LNG will help the EU bring forward its ban on Russian LNG imports to January 2027.
