LNG

JP Morgan considers Venezuelan gas as a “backfill option for Trinidad & Tobago’s LNG facilities." Train 1 of Trinidad LNG’s three liquefaction trains is currently idled due to a lack of domestic feedgas.

Sinolam LNG Terminal and Sinolam Smarter Energy LNG Power Co. have filed a $4 billion lawsuit in Virginia against AES Corporation and partners, accusing them of a scheme to dominate Panama's LNG-to-power market.

Rating agency Fitch is expecting oil prices to fall further in 2026 from 2025 levels as OPEC+ countries are re-capturing market share. North American E&P companies are consequently focussed on consolidation and cost cutting to manage the impact weak oil prices, analysts noted, warning Capex cuts are on the cards.

Deutsche Energy Terminal GmbH (DET) increased its contribution to Germany’s security of supply by more than a third in 2025, supported by higher utilization of existing floating LNG terminals and the start‑up of a third unit at Wilhelmshaven. The state‑owned operator said its three FSRUs delivered 79 Terawatt-hours (TWh) of natural gas into the German grid last year, up from 59 TWh in both 2024 and 2023.

LNG is driving the bulk of US gas demand growth with Gulf Coast capacity additions pushing exports from 15.5 billion cubic feet per day towards 25 Bcf/d by 2028. Henry Hub prices indicate healthy but tightening upstream‑to‑LNG margins from Haynesville, and especially Permian associated gas.

Global LNG supply is forecast to top 594 million tons by 2030, as a massive capacity build-out in Qatar and the US causes an oversupply of up to 15 million tons. For African utilities, a sustained supply surplus is more of a curse than a blessing, analysts warn.

Honeywell has bagged an order from Technip, EPC contractor for the Commonwealth LNG export project, for delivery of modularized liquefaction and gas processing equipment. Delivery of the modules is scheduled by mid‑2028, well in advance of the terminal's planned start-up in 2029.

Prospects of additional Venezuelan crude supply – following the ousting of President Nicolás Maduro – are poised to deepen oversupply on global oil and LNG markets, challenging price recovery through early 2026.

Kosmos Energy expects material growth in 2026 from expanded gas production both in Ghana and at the Greater Tortue Ahmeyim (GTA) floating LNG project offshore Mauritania and Senegal.

GE Vernova has announced the commercial start-up of Vietnam’s first 9HA-turbine driven combined-cycle power plant, Nhon Trach 3&4. Operated by PV Power, these two plants are Vietnam’s first LNG-fuelled unit, helping to accelerate the coal-to-gas transition of the power sector.