LNG

As of 31st July, 2026, more than 4,940 LNG cargoes totalling over 340 mill tonnes of LNG have been produced, loaded and exported from major US LNG plant developer, Cheniere Energy’s liquefaction projects, since operations were started.

Oslo-based ECOnnect Energy has signed a contract with New Providence Gas, a joint venture between Shell Bahamas Power Co and Sun Oil Holdings, a subsidiary of FOCOL Holdings, to deliver an IQuay™ C-Class floating LNG import terminal to the Bahamas.

McDermott Energy Solutions (UK), a subsidiary of US offshore engineering giant, McDermott has been awarded a letter of intent (LoI) by ExxonMobil Moçambique, on behalf of the Area 4 partners for the continuation of the Rovuma LNG Phase 1 midstream development project.

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Shipping's global carbon regime survived MEPC 84 with majority backing but no vote, leaving LNG's regulatory outlook unresolved until at least December.

Alternative-fuelled vessel ordering slowed through the first half of 2026, but LNG extended its lead over competing pathways and bunker vessel contracting continued.

LNG bunker benchmarks in Rotterdam and Singapore posted double-digit weekly gains in July as renewed tension in the Strait of Hormuz tightened an already stretched market.

The global LNG bunkering market grew 38% in 2025 on a stronger demand pull rather than new infrastructure, with Asia accounting for almost half the increase.

The Italian port has carried out its first ship-to-ship LNG bunkering for a cruise vessel, opening a further Mediterranean supply point for the segment.

The bunkering specialist has put the first of two newbuildings in the water in China, with delivery expected before the end of the year.