LNG

Technip Energies has launched SnapLNG 1.5, a standardized and fully modular 1.5 mtpa liquefaction train, developed with Honeywell Technologies and Siemens Energy. The electrified solution could cut project timelines by up to two years, the companies said.

Nigerian LNG producer NLNG plants to commission and start up its $10 billion Train 7 project before the end of 2027, lifting the project's capacity to 30 mtpa. NLNG plans to lift force majeure once the current 20 mtpa six train liquefaction project once it reaches a 90% utilisation rate, Managing Director Adeleye Falade told the Gastech conference in Bangkok.

Saipem, in consortium with Belgium’s Jan De Nul, has signed a €11 million (US$12.8m) letter of intent with ExxonMobil for preliminary engineering, procurement and technical services for the offshore scope of Mozambique’s Rovuma LNG Phase 1, advancing the project towards a final investment decision (FID) before year-end.

TotalEnergies and Vietnam’s T&T Energy Group have agreed to establish a consortium to finance, build and operate the 1.5 GW Long Son LNG-fired power project in Ho Chi Minh City with a view to get the 1.5 GW plant into commercial operations by 2031.

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In yet another twist to the ongoing Middle East conflict saga, Iran has announced plans to establish an exclusion zone outside the Strait of Hormuz, to target vessels attempting to transit the waterway.

US LNG exports averaged 17.4 bill cu ft per day in the first six months of this year, 23% more than the same period in 2025, according to the Energy Information Administration’a (EIA) Natural Gas Monthly.

Global seaborne LNG trade rebounded sharply last year.

The number of ships allowed to transit the Panama Canal could be further reduced, due to drought caused by the El Nino weather pattern, the waterway’s new administrator told the AFP news agency.

South Korean shipbuilding giant, Hanwha Ocean has become the subject of an international arbitration dispute, following the cancellation of a series of Arc7 LNGC orders intended for Russia’s Arctic LNG 2 project.