LNG

Natural gas freeze-offs in the US reached a single-day high of 17 billion cubic feet (bcf) earlier this week as an intense Arctic weather system sweeps across the US. For winter 2025/26, cumulative freeze-offs now reached 58.3 bcf and the bullish gas price effect adds to large LNG deliverability issues in the first quarter of 2026, Wood Mackenzie warns.

Philip Weems of King & Spalding.

This article is the last of a three-part series examining the evolution of long-term LNG sales contracts. The first and second parts of the series addressed trends and issues from the 1960s through to the 1990s. In this issue the author focuses on trends since 2000, including the emergence of more sophisticated force majeure and termination clauses, and the abolition of destination restrictions in the European market.

The US federal authorities approve new ventures and expansions in Louisiana, Texas and the East Coast

Flexible policy on natural gas quality is adopted as FERC also calls for increase in storage facilities to help LNG

John McKay

US energy regulators have pushed forward five key liquefied natural gas projects and have sought to address concerns about storage capacity and the specification of regasified LNG in the pipeline system to clear the way for increased LNG imports.

In its most positive move so far to back the LNG industry, the FERC this month approved plans to build or expand five receiving terminals in the states of Louisiana, Texas, New Jersey and Maryland to boost regasification and transportation capacity.