LNG

Galveston LNG Bunker Port has signed a Heads of Agreement with an international shipping company to supply LNG as marine fuel starting from 2029.

• November-December exports amounted to 23.35mmt • Up by 2.33mmt (11pct) from September-October period • Shipments up by 6.22mmt (36pct) over period year-on-year • Comb. US LNG capacity utilisation at 123pct for the report period 

Period between 1 November 2025 and 31 December 2025, inclusively. 

Russia has postponed its annual target of 100 mill tonnes LNG production for several years.

South Korea has launched a public/private working group to develop  proprietary LNG cargo tanks to lessen the country’s dependence on foreign technologies, the Ministry of Trade, Industry and Energy has revealed.

Norwegian shipping investment vehicle, Ocean Yield is to order four newbuilding LNGCs, in co-operation with NYK.

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Egypt’s Minister of Petroleum and Mineral Resources has highlighted key initiatives to strengthen Arab energy security.

Asian spot LNG prices fell to a 20-month low last week on ample supplies and mild weather, encouraging some buying from price-sensitive importers.