Lithuania’s KN Energies has issued an additional invitation for market participants to allocate regas slots at its Klaipeda LNG terminal for 2027 after completing the initial annual booking process.
Shell has reached financial close on a small-scale LNG regasification terminal in the Bahamas. The project will be built in phases, with the regasified LNG – mostly sourced from Shell’s US LNG offtake – set to support baseload generation at Clifton Pier in excess of 170 MW.
New Zealand’s government is aiming to sign a contract for developing the country’s first LNG facility before the November general election, with energy minister Simeon Brown saying a preferred bidder is likely to be selected before the vote. Imported LNG is intended to insulate New Zealand against drought risk, which can undermine its mainstay hydropower generation.
Lithuania’s Ignitis has booked an additional 2 terawatt-hours (TWh) of annual regasification capacity at the Klaipėda LNG terminal between 2033 and 2044 on the secondary market as Baltic gas demand stays high.
PipeChina is gearing up to add a second regasification terminal for cargoes from Russia’s sanctioned Arctic LNG 2 project. The newly built Longkou LNG terminal in Shandong province meant to receive shipments before October.
Eskom has entered an LNG supply agreement with Zululand Energy Terminal (ZET) to underpin its planned 3,000 MW gas-to-power project in Richards Bay, South Africa. The deal will make Eskom a “foundation customer” at the proposed regas terminal, which will offer open-access LNG imports.
QatarEnergy has offered five LNG unloading and regasification slots at Belgium’s Fluxys Zeebrugge terminal for April 2026. The five standard LNG slots were made available on Monday via the secondary market on the EMIX platform, Fluxys confirmed to Reuters.
Adriatic LNG has expanded its role as a key hub for Italy, with the operator boosting the terminal’s regas capacity from 9 to 9.5 bcm per year and daily output from 26 to 28.5 million cubic meters. The additional volume has already been fully allocated to users through 2045.
Traders and LNG portfolio players are competing for regasification capacity to land LNG cargoes in Europe, though the European LNG arbitrage stayed closed for much of 2025. According to Platts data, the economics begin to reflect oversupply with the LNG-TTF price spread widening.
British energy regulator Ofgem today approved the first £28 billion ($37.33 billion) of a total £90 billion of investment in UK power and gas network companies – including greater capabilities for LNG imports.