Woodfibre LNG on track to complete construction by late 2027
Woodfibre LNG, positioned as the world’s first net zero LNG export facility, is more than halfway complete and targets end-2027 for in-service, CEO Luke Schauerte said. Addressing potential labour shortages, he told BNN Bloomberg the project is “in a really good spot (…) sort of between the waves of building.”
Pakistan fires up oil plants to backfill LNG-to-power shortfall
Pakistan is running furnace oil-fired power plants at full capacity and has delayed nuclear‑plant maintenance after LNG supply disruptions slashed gas‑fired generation to roughly 500 MW, down from 6000 MW installed capacity.
AI energy needs could flip LNG glut into shortage by 2030
Soaring electricity demand from AI data centres could transform the upcoming global LNG glut into a shortage by 2030, QatarEnergy CEO Saad al-Kaabi said at the LNG2026 conference in Doha. If demand overshoots expectations and the LNG build-out cannot keep pace, prices may spiral.
Egypt at brink of gas shortages as FSRU deal with Hoegh stalls
Plans of Egypt's state-run energy firms EGAS and EGPC to get a for a Floating Storage and Regasification Unit (FSRU) up and running this summer have faltered, as a deal with Norway's Höegh LNG faces serious hurdles. Competitor Excelerate Energy is back on the cards as the government seeks to avert looming gas and power shortages.
