LNG

NextDecade is preparing for a 2027 final investment decision (FID) for Train 6 at its Rio Grande LNG project, as offtake interest already exceeds the facility’s planned capacity.

QatarEnergy has extended force majeure on term LNG deliveries through mid-June, with Edison notified of a 10-cargoe shortfall while Petronet says it expects to receive its full contacted Qatari LNG volumes once Hormuz transits resume.

The US Department of Energy (DOE) and American companies have announced “billions of dollars” of LNG and gas pipeline-related infrastructure investment across Central and Eastern Europe (CEE). The key objective of Trump’s ‘Peace Pipeline Framework’ and the broader ‘Three Seas’ supply corridor is to facilitate more US LNG imports.

Greek gas company DEPA has been awarded the tender for one LNG held by Bulgargaz. Delivery of the cargo will be to the Marmara Ereğlisi LNG terminal in Turkey.

Norwegian shipping firm Knutsen seeks to defend its position in the LNG carrier market as activity heats up, with its charter backlog surpassing $15 billion across 68 operating vessels.

Australia’s Woodside Energy is struggling to market volumes from its planned Louisiana LNG terminal, as its higher liquefaction fees put the 16.5 mtpa project at a disadvantage to US rivals.

Shipments from Canada’s LNG Canada plant surpassed 1 million metric tons in April, marking a new monthly record, according to LSEG data, as the $40‑billion facility is ramping toward its full design capacity. All cargoes set sail to Asia, mainly South Korea.

Bangladesh and Pakistan are fast-tracking plans to expand nuclear power capacity as disruptions to contracted Qatari LNG deliveries and price spikes expose the risk of heavy reliance on imported gas.

Expand Energy has terminated its first-ever offtake agreement with Delphin LNG and replaced it with a larger contract that more than doubles volumes to  1.15 mtpa of LNG per year at Henry‑Hub‑linked pricing. Shipments will originate from Delfin FLNG Vessel 1, with targeted commercial start around 2031.

Numerous Japanese utilities have withheld full-year earnings guidance as the Middle East conflict drives up LNG costs and clouds fuel supply. Bloomberg reported that Asian LNG prices have surged 70%, exemplifying how exposed Japan’s power sector remains to the global gas market.