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Rapid expansion of LNG supply, mostly from North America, is expected to reduce market pressures at a time of heightened geopolitical uncertainty.
Global LNG output is set to jump this year, easing constraints seen since the 2022 Ukraine war and dampening prices.
LNG shipping rates will improve this year, driven by demand acceleration and LNG supply expansion, said consultancy, Drewry Maritime Research in a report.
South Korea’s Hanwha Ocean has signed a memorandum of understanding (MoU) with Canadian supply company, Fermeuse Energy to advance its Newfoundland and Labrador LNG project.
Asian spot LNG prices rose for a second week in a row to hit a nine-week high, as lower winter temperatures across the northern hemisphere lifted heating demand.
The European Council, responsible for the 27 EU member states, has formally adopted regulations to phase out Russian imports of both pipeline gas and LNG.
Major gas consuming regions recorded an increase in demand in late 2025, according to the January report from Dubai-based Gas Exporting Countries Forum (GECF).
Indian Prime Minister, Narendra Modi, has announced that the government' will back the building of LNGCs, marking a significant development in India's maritime infrastructure sector.