Netherlands-based EemsEnergyTerminal has taken a major step towards extending the life of the LNG receiving facility in Eemshaven (Groningen) beyond 2027.

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US-based Fluor Corp’s subsidiary, JGC Fluor BC LNG II a joint venture involving the JGC Corp, has received a limited notice to proceed (LNTP) for the proposed LNG Canada Phase 2 expansion project.

The joint venture partners also played a pivotal role in delivering Phase 1 of LNG Canada, providing engineering, procurement, fabrication management, construction and commissioning services.

In 2025, the JV delivered the project’s two trains, and supporting infrastructure, including storage tanks, rail yard, water treatment facility, flare stacks and a marine terminal.

“Our longstanding partnership with LNG Canada is a point of pride for us, and we look forward  to advancing the next phase of this world class project to help connect Canadian natural gas to global markets,” said Pierre Bechelany, Fluor’s Business Group President of Energy Solutions.

“The LNTP enables us to initiate early planning and move forward with key activities to support a proposed Phase 2 final investment decision (FID) by LNG Canada.”

Phase 2 would double the facility’s production capacity to 28 mill tonnes per annum should a FID materialise.

Taiwan's state-owned energy company, CPC Corp has become Northeast Asia's most active spot LNG buyer since the outbreak of the Middle East conflict.

Monday, 01 June 2026 09:29

Dynagas evaluates Russian connection

Due to the ramping up of sanctions by the US, European Union (EU) and UK against Russian companies and their assets, including the banning of Russian LNG imports, Greek LNGC owner, Dynagas is currently evaluating its position with one of its charterers, Yamal Trade Pte Ltd.

Lithuanian-based terminal operator KN Energies has been awarded a contract by Poland’s GAZ-SYSTEM to provide commercial and operational advisory services for the Gulf of Gdańsk FSRU project.

Japanese trading house Mitsui & Co is looking to invest in LNG projects across the Middle East, the US and Australia to meet rising power demand ‌from data centres, Bloomberg News reported, citing CEO, Kenichi Hori.

Monday, 01 June 2026 09:09

Asian spot LNG prices ease

Asia spot LNG prices eased last week, although remained rangebound, as geopolitical uncertainty from the Middle East conflict remained unresolved.

Monday, 01 June 2026 09:04

Brunei signs second SPA with PTT

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Brunei LNG (BLNG) has signed a second long-term sales and purchase agreement (SPA) with Thailand’s energy company, PTT.

The conclusion of this second SPA reflects the strong trust, close collaboration, and shared commitment that form the foundation of the relationship between BLNG and PTTT, the Brunei LNG producer said.

Through this partnership, BLNG is proud to continue supporting and contributing to the stability, sustainability and long-term development of Thailand’s growing energy landscape.

As Brunei LNG and PTTT continue to deepen their collaboration, both parties look forward to strengthening the partnership further and achieving many more milestones together in the years ahead, the company concluded.

Changing goalposts. Oil prices fell 2% in early Asian trading this morning after US President Trump said he had paused a planned attack on Iran to allow for negotiations to end the war.

Russia's LNG switch to Asia after the loss of the European market will hit its revenue, due to at least a doubling of logistical costs, industry sources and analysts told Reuters.