LNG

TotalEnergies has announced the start of production from the Quiluma field, in which it holds an 11.8% interest alongside partners, Azule Energy (37.4%, operator), Cabinda Gulf Oil Co (31%) and Sonangol E&P (19.8%).

The Indian Government has increased talks with Iran, as LNGCs and LPG carriers—holding roughly a month’s supply for the country — await safe passage through the Strait of Hormuz (SoH).

Major Japanese LNG buyer JERA has signed a memorandum of understanding (MoU) with Korea Gas Corp (KOGAS) to enhance co-operation in LNG operations.

Major US LNG exporter, Venture Global has taken a final investment decision (FID) and closed a $8.6 bill project financing for the second phase of the company’s third project, CP2 LNG (CP2).

Global LNG demand is forecast to rise by 54-68% by 2040 and 45-85% by 2050 from 422 mill tonnes in 2025, boosted by growing Asian appetite, UK energy giant Shell said in its 2026 Outlook.

Polish energy company, ORLEN has expanded its LNG transport capacity.

Answering accusations of sanctions busting by some NGOs, Dynagas LNG Partners has explained that one of its charterers, Singapore-based Yamal Trade, employs two LNGCs, ‘Yenisei River’ and ‘Lena River’, on long-term charters, which extend to 2033 and 2034, respectively.

Stolt-Nielsen’s subsidiary, Stolt-Nielsen Gas has entered into a share purchase agreement to sell 50% of Avenir LNG to Nippon Yusen Kabushiki Kaisha (NYK Line).

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As the war shows no signs of abating, in an attempt to ease market fears, the International Energy Agency’s (IEA) 32 member countries have agreed to release 400 mill barrels of oil from their emergency reserves.