PetroChina International has delivered its first LNG cargo to the Gate LNG import terminal in Rotterdam under a long-term terminal-capacity agreement, marking the first physical delivery by the Chinese company under its booked access to the Dutch facility.

Samsung Heavy Industries has secured an order worth 672.20 billion South Korean Won (US$504m) to two LNG carriers, which brings the company’s total order backlog to 46 commercial vessels and orders worth over US$8 billion this year.

Monday, 12 October 2026 08:21

Tankers hit at Hormuz and off Oman

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Two tankers were attacked in the Strait of Hormuz and at Sohar anchorage off Oman on 11 October, with two Indian seafarers missing after a drone strike on an oil product tanker. The incidents involved a Suezmax carrying crude oil from Basrah, Iraq, and a smaller tanker carrying refined petroleum products. The strait is also a major LNG transit route, particularly for Qatari exports.

New Zealand is continuing procurement for its planned $1-2 billion LNG import terminal – but the government will not decide whether to proceed with the project until after the general election, scheduled for November 7. Contracts need to be signed before year-end to get the terminal into operation by 2028 and help mitigate dry-year risk.

AMPO Poyam Valves has been awarded a contract to supply 600 cryogenic ball valves for ADNOC’s Ruwais LNG project in Abu Dhabi. Engineering, procurement and construction works for the Ruwais LNG terminal is being carried out by Technip Energies, which leads the TJN Ruwais joint venture alongside JGC and NMDC Energy.

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Japanese shipping group NYK has announced it will issue about $1.4 billion of transition bonds on 16 October to fund decarbonisation projects, including LNG-fuelled vessels. The sale comprises three-, five- and 10-year tranches of ¥62 billion (US$410 million), ¥87 billion and ¥78 billion, respectively. Proceeds are intended to support investments in decarbonisation, including LNG-fuelled shipping.

Singapore LNG (SLNG) has begun construction of a third jetty at its Jurong Island terminal to boost LNG reload and bunker capacity, with completion targeted in the second half of 2028. The new berth is designed to support about 2 mtpa of LNG bunker reload demand, including break-bulk and other small-scale LNG operations.

Friday, 09 October 2026 08:47

EU may need to use 7% less gas this winter

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EU member states may need to reduce their natural gas and LNG consumption by up 7% this winter to brace against the risk of gas shortages. Storage could provide 7.3 billion cubic metres less gas this winter (November to March) than last, according to IEEFA projections. Together with the EU’s full ban on imports of Russian LNG from January 2027, this shortfall could require the bloc to cut winter gas demand by 7%, or 14 bcm, compared with last winter.

European Union countries imported a record 12.18 million tonnes of LNG from Russia’s Yamal Arctic project in the first nine months of 2026, up 9.5% year on year, Kpler data shows. Urgewalt analysts estimate the EU’s spending on these Yamal cargoes reached €7.88 billion over the period, including €1.92 billion euros in the third quarter.

Freedom LNG has filed an application with the U.S. Department of Energy (DOE), seeking 20-year authorisation to send up to 343 billion cubic feet per year (bcf/y) of U.S. natural gas by pipeline to Mexico and re-export up to 307 Bcf/y as LNG from its proposed Bravo LNG terminal in Mexico.