LNG

Chinese LNG imports are at risk of another weak year, as disappointing industrial demand and persistently high global prices look set to reduce purchases.

UK based Centrica Energy has signed a long-term sale and purchase agreement (SPA) to supply LNG to Exodus for Honduras, marking a new milestone in that country’s energy development.

A consortium of domestic private equity fund (PEF) managers, IMM Private Equity and IMM Investment has claimed that a deal had been signed to sell Hyundai LNG Shipping to an affiliate of Indonesia’s Sinar Mas Group amid strong opposition.

South Korean vehicle logistics company, Hyundai Glovis, part of the Hyundai Motor Group, has secured a Won580 bill ($396 mill) LNG shipping contract that will last for up to 15 years, with an undisclosed interest.

Germany’s energy company, SEFE (Securing Energy For Europe) has signed a heads of agreement with Argentina’s Southern Energy for an eight-year LNG supply deal starting in 2027.

Large US LNG export plant developer, Venture Global has accused Shell of waging a "three-year campaign" to damage its business.

In a recent business update, LNGC owner and operator, Cool Company (CoolCo) advised that it had generated total operating revenues of $86.3 mill for the third quarter of this year, compared to $85.5 mill for the previous quarter.

Australia’s Viva Energy has delayed the final investment decision (FID) on its proposed LNG import terminal at Geelong, Victoria, as prospective buyers have not signed long-term offtake deals as yet.

Oslo based Awilco LNG Group, owner of two LNGCs, suffered a net loss of $0.3 mill for the third quarter of 2025, compared to a net loss of $3.1 mill in the previous quarter.

Golar LNG has closed and drawn a new $1.2 bill asset backed debt facility agreement with a consortium of banks.