MidOcean Energy secures TAEF investment in LNG capital rise
MidOcean Energy has secured an $120 million equity investment from The Arab Energy Fund (TAEF) as part of its ongoing capital raise, targeting up to $2 billion from new investors.
US LNG diverts to Asia as JKM-TTF arbitrage widens
Five US-loaded LNG cargoes have diverted from European or Egyptian destinations into the Pacific Basin in the four weeks through mid-May: the WilPride, SK Audace, Umm Al Houl, Adamastos and Sea Navigator. Four are signalling 'For Orders' and one (the Adamastos) is bound for Dahej, India, LNG Journal’s data shows.
Canadian PM seeks free trade deal with India, eyes LNG exports
Canada’s Prime Minister Mike Carney is pushing to advance a free trade agreement with India that would open a strategic outlet for LNG, agri-food and technology exports. The move reflects Canada’s effort to fast-track Pacific‑facing LNG infrastructure and lock in long-term offtake.
BOTAS, Edison explore gas pipeline and LNG cooperation
Turkey’s state-owned pipeline operator BOTAS and the Italian energy company Edison have agreed to work together on LNG trade and swap operations, while evaluating a new gas pipeline across the Mediterranean between Turkey and Italy.
Canada’s LNG driven infrastructure boom attracts investors
With LNG Canada and other projects advancing, Canada is entering a broader energy-infrastructure boom rather than a one-off build-out. For upstream companies like Canadian Natural Resources, that shift lifts realized gas pricing, strengthens margins, and expands long‑term cash‑flow potential.
Four LNG cargoes transit Hormuz, more to follow
At least four LNG tankers have transited through the Strait of Hormuz in recent days, setting sail to Pakistan, India and China, after being held back for almost three months.
Term charters back in favour as shield against price spikes
Long-term LNG charters – not spot cargoes – are buyers’ favourite, once again, as they provide greater protection against freight rate spikes and shipping disruptions. This trend could tighten global LNG carrier availability for years to come.
CMA CGM preps new LNG boxship
The French shipping firm CMA CGM is preparing to deploy its new LNG-fuelled containership Notre Dame on its Asia-to-Europe service. The vessel made its maiden call at Yangshan Port in Shanghai on May 22 and is now en route to Le Havre, France, where it will be named in early June. The 24,211 TEU vessel is the first of 10 ships due for delivery through to 2028.
ADNOC LNG cargo exits Hormuz bound for India
An LNG tanker loaded at ADNOC’s Das Island terminal has exited the Strait of Hormuz and is now on route to India. The most likely buyer is Indian Oil Corp, the counterparty to ADNOC’s latest long-term supply agreement.
Kinetic LNG gets $125m investment from Actera
Kinetics LNG has secured a $125 million investment from Turkish private equity firm Actera Group to help fund the expansion of its floating LNG business, targeting emerging markets.
