LNG

Abu Dhabi National Oil Company (ADNOC) has agreed to work with Germany’s largest utility RWE on delivering up to 1 mtpa of LNG for up to 10 years to Germany and other European markets. The envisaged volume corresponds to up to 12 cargoes of LNG and up to 1.4 bcm of natural gas per year, under a framework agreement signed Sultan Ahmed Al Jaber, Group CEO of ADNOC and chairman of Masdaar and RWE CEO Markus Krebber.

Sovcomflot's newly built Arc7 ice-class LNG carrier Alexey Kosygin has completed its first commercial voyage, delivering an LNG cargo from Novatek’s Arctic LNG 2 terminal to a floating storage unit (FSU) off Murmansk.

Cheniere Energy has filed an application to the Federal Energy Regulatory Commission (FERC), seeking approval to build a new 24 mtpa LNG terminal in Texas. The proposed Train could bring capacity at Cheniere’s Corpus Christi plant to 25 mtpa, with the ongoing Stage 3 expansion due completed by the end of 2026.

Uniper’s chief commercial officer Carsten Poppinga has brushed off concerns about Germany’s overreliance on US LNG imports. “We are not dealing with an administration; we are dealing with companies operating in a certain system, and I have confidence in that system,” he told Reuters on the sidelines of the LNG2026 conference in Doha.

Asia Pacific’s natural gas demand is forecast to rise 4% this year, as a surge in new LNG supply from Qatar and the US is expected to lower prices. A landmark 40 bcm, or 7% increase in global LNG may well make price-sensitive buyers in China re-emerge, the International Energy Agency (IEA) forecasts.

Indonesia is turning to LNG-fuelled power generation to ease its stalled coal exit, as international coal retirement efforts struggle. Tenders for small-scale LNG distribution are targeting 41 power plants with 2,148 MW capacity combined in remote regions, with operations expected from late 2026 to 2027.

QatarEnergy's fleet of LNG carriers will reach 200 vessels within the next few years, driven by its 128-vessel shipbuilding program plus replacements. CEO Saad Sherida Al-Kaabi's said the company is finalizing contracts for over 100 newbuilds, with more to come.

Malaysia’s Petronas has inked a 20-year sale and purchase agreement (SPA) with QatarEnergy for up to 2 million tonnes per annum (mtpa) of LNG. The deal, signed at the LNG2026 trade show in Doha, marks the first long-term LNG supply contract between the two state-owned energy giants.

Soaring electricity demand from AI data centres could transform the upcoming global LNG glut into a shortage by 2030, QatarEnergy CEO Saad al-Kaabi said at the LNG2026 conference in Doha. If demand overshoots expectations and the LNG build-out cannot keep pace, prices may spiral.

The Energy Regulatory Commission (ERC) of the Philippines has approved a five-month expansion of Meralco’s power purchase agreement (PPA) with First Gas Power Corp. The deal secures 1,000 MW of electricity supply from the Sta.Rita power plant in Batangas until June 25.