LNG

India will need to import about 120 mill tonnes of LNG per annum by 2030 to raise its natural gas share in its primary energy mix to 15% from the current 6.5%, Petronet LNG’s CEO, Akshay Kumar Singh said last week.

According to a Bloomberg report, China’s LNG imports will fall significantly this month, marking a continued trend of reduced purchases - the 11th consecutive month of year-on-year reductions.

LNG is set to become the UK energy giant Shell's largest contributor to the energy industry over the next decade in terms of value, CEO Wael Sawan has confirmed.

Asian spot LNG prices fell again last week on lacklustre demand and were expected to remain under pressure, as ample inventories and stronger Chinese gas production limit interest in spot purchases.

French energy group, TotalEnergies has announced plans to increase oil, gas and electricity production, while cutting spending by $7.5 bill between 2026 and 2030.

ADNOC’s finance arm, XRG has finalised its acquisition of an 11.7% equity stake in Phase 1 (Trains 1-3) of the Rio Grande LNG project in Brownsville, Texas.

Türkiye’s state owned oil and gas supplier, BOTAŞ has signed an LNG heads of agreement (HoA) with Woodside and a sales and purchase contract (SPA) with trading house, Mercuria.

TotalEnergies’ chartered LNGC, ‘Minerva Amorgos’ sailed from Egypt's Idku LNG terminal on 20th September with what was claimed to be an export cargo bound for Europe, according to S&P Global Commodities at Sea (CaS) data.

Workers at French LNG terminals will continue to block ships from discharging until their salary demands are met, two CGT union representatives warned last Friday.

This week, Cool Company (CoolCo) received Board approval for its poposed merger with a newly formed, wholly owned subsidiary of EPS Ventures.