Montney eyed as strategic assets for Canada’s LNG ambitions
Designating the Western Canadian Sedimentary Basin and the Montney formation as “strategic national assets” would help reduce feedgas risk and uncertainty facing Canada’s LNG sector today, Ottawa-based Public Policy Forum said in a report on unlocking LNG export potential.
Eni buys three Argentine gas blocks linked to LNG exports
Italy’s energy major Eni has agreed to acquire a 32 percent interest in three upstream blocks in the Vaca Muerta basin, designated as feedstock for an Argentine LNG export project. Argentina’s state oil company YPF, together with Eni and the Abu Dhabi-based investment firm XRG are working intensively to reach FID on the 12 mtpa Argentina LNG project during the second half of 2026.
U.S. feedgas flows to Mexico rise as Costa Azul LNG ramps up
Feedgas flows from the United States to Mexico are on pace for a record June as Energía Costa Azul LNG project prepares for export start-up. Sempra began producing LNG at the 3.25 mtpa terminal on June 4, with commercial exports due to begin in September.
US LNG: May – June 2026
• May-June exports amounted to 19.66MMtDown by 1.62MMt (-8pct) from March-April period • Shipments up by 2.91MMt (16pct) over period year-on-year • Comb. US LNG capacity utilisation at 91pct for the report period.
Monthly US LNG Exports (MMt)
Period between 1 May 2026 and 30 June 2026, inclusively.
LNG Unlimited – 9 July 2026
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LNG tankers retreat from Hormuz after vessel attacks
Five crude oil and LNG tankers have turned back after attempting to transit the Strait of Hormuz following Iranian attacks on commercial shipping in the area. A missile strike on the Nakilat carrier Al Rekayyat, carrying Qatari LNG, risks undermining the tepid recovery in maritime traffic through the beleaguered waterway. Maritime authorities raised the risk level for transiting Hormuz to “severe.”
ADNOC sets up combined LNG sales and trading platform
Abu Dhabi National Oil Company (ADNOC) has launched a consolidated LNG marketing, sales and trading platform, targeting 47 mtpa of marketable LNG by 2035, including future volumes from the Ruwais LNG project.
Shell raises outlook for LNG volumes, flags strong trading
Shell has raised its second-quarter guidance for integrated gas production and LNG liquefaction volumes, while flagging stronger trading performance, as heightened market volatility linked to Middle East tensions supports earnings.
JERA GES launched to link LNG supply, trading and shipping
Japan’s JERA has launched a vertically integrated unit — JERA Global Energy Solutions — to consolidate and optimise its LNG portfolio across upstream, LNG, lower-carbon fuels, and shipping. The new entity will work closely with JERA’s LNG trading platform JERA Global Market to coordinate physical supply with trading strategies.
