LNG

Warren Buffet’s Berthshire Hathaway Inc. has become a major shareholder in Mitsui, having acquired more shares to now hold 10% or more of the voting rights in the Japanese trading house. The US investor told Mitsui it considers buying more share in the future.

Deutsche Regas is auctioning 12 slots at its Mukran FSRU on the island of Rügen on Tuesday, 21 October 2025. The unloading and regas slots will be offered evenly throughout the year.

China’s LNG demand collapse – along with strategic stockpiling of oil – have put trade flows and price dynamics in disarray. Imports plunged 20% in the first half of 2025, making Asian spot LNG prices fall from a peak of $16.50 per MMBtu in February to currently around $11.34 per MMBtu.

AI-powered analysis of oil and gas field performance shows existing fields are far from exhausted. Better recovery from producing fields could yield an additional 470 billion to over 1,000 billion barrels, along with associated gas, Wood Mackenzie explains.

Santos has been jolted by a setback as Abu-Dhabi’s state-backed XRG walked away from $30 billion tie-up. The breakdown shatters Santos’ expectations to secure capital for expansion projects in Australia and Papua New Guinea.

The EU is paying a premium price for LNG as pipeline gas imports fell 9% in the first half of this year. LNG imports cost around 26.9 billion Euros over the same period, with 13.7 billion Euros of that paid for US cargoes.

“The ships are ready, the fuels are missing,” Acceleron Industries summarizes the state of decarbonizing maritime transport. Investment is lagging as LNG offers higher returns than green hydrogen or ammonia.

ABB has secured a contract from Hanwha Ocean to supply the electric power and propulsion system for Singapore’s first floating liquefied natural gas (FLNG) terminal. Once in service, the terminal will increase Singapore’s LNG import capacity by 50% and add flexibility to the nation’s gas grid.

Traded LNG markets are hedged between two risks – winter weather and further shipments from Russia’s sanctioned Arctic LNG 2. Six more vessels are headed to China with estimated arrivals between now and early October, Energy Aspect understands.

The price of building gas-fired power plants in the US has risen to $2,200–$2,500 per kilowatt of capacity, raising doubt about projects economics and freeing up more feedgas for LNG exports. At the Energy Finance Conference in San Diego, panellists warned that building a modern combined-cycle gas power plant now requires hundreds of millions in upfront investment – notably $25 million deposits to secure key equipment.