LNG

Production from ADNOC’s Umm Shaif Gas Cap is expected by 2030, unlocking more than 600 mmcf/d of gas and liquids that will bolster feedstock as ADNOC aims for 47 mtpa of marketable LNG capacity by 2035.

Limited shipbuilding capacity in South Korea and China could slow down a record expansion of global LNG supply. One of the industry’s dependencies – the ability to physically move gas – rests on a supply chain it cannot control and cannot quickly replicate, Ikram Elloumi, director of research at Wood Mackenzie warns.

Poland’s state-controlled TSO Gaz-System is considering adding a second floating storage and regasification unit (FSRU) to its planned LNG import terminal in Gdansk. The project is slated to start with 6.1 bcm per year of regas capacity and could be expanded by another 4.5 bcm to 10.6 bcm per year when it comes online, currently targeted for 2028.

Cheniere Energy has signed a contract with Bechtel, valued at $4.69 billion, for engineering, ​procurement and construction of the first phase of its Sabine Pass ‌LNG expansion, a project centred on Train 7 with more than 6 mtpa liquefaction capacity.

US Federal Energy Regulatory Commission (FERC) has waived the mandatory pre-filing requirement for a third phase of Venture Global’s CP2 LNG expansion, signalling regulator’s openness to streamlining brownfield LNG build-outs. CP2 LNG Phase 3 is designed to boost peak liquefaction capacity from 28 mtpa to 35 mtpa.

Eni CEO Claudio Descalzi and the Nigerian President Bola Ahmed Tinubu have ended a long-running dispute over OPL 245, one of Nigeria's biggest deepwater oil and associated gas reserves, unlocking feedgas for the Nigeria LNG project as the  Train 7 expansion nears completion.

QatarEnergy has pushed back the start of its LNG expansion project from mid- to late-2026. Any delay is, however, tightly constrained by long‑term offtake contracts that bind when LNG deliveries have to begin. 

Japanese trading company Mitsui & Co is in advanced negotiations to buy a minority stake in Qatar’s North Field South LNG expansion, a 16 mtpa liquefaction project being developed at an estimated cost of $17.5 billion. The deal would give Mitsui access to one of the world’s lowest-cost LNG developments.

Cheniere Energy has filed an application to the Federal Energy Regulatory Commission (FERC), seeking approval to build a new 24 mtpa LNG terminal in Texas. The proposed Train could bring capacity at Cheniere’s Corpus Christi plant to 25 mtpa, with the ongoing Stage 3 expansion due completed by the end of 2026.

The Energy Regulatory Commission (ERC) of the Philippines has approved a five-month expansion of Meralco’s power purchase agreement (PPA) with First Gas Power Corp. The deal secures 1,000 MW of electricity supply from the Sta.Rita power plant in Batangas until June 25.