Balkan pipeline to boost US LNG imports
US Secretary of Energy, Chris Wright joined officials and American companies at the Three Seas Initiative (3SI) Summit to announce billions of dollars of private capital investment in the Central and Eastern European region.
Greece to supply US LNG to Albania
AKTOR LNG USA, a subsidiary of Greek energy company, AKTOR has signed a long-term sales and purchase agreement (SPA) with ALBGAZ, Albania’s state-owned natural gas company, to import US LNG for 20 years.
China’s LNG imports to drop this month
Chinese LNG imports in April are expected to be the lowest since 2018, based on data from Kpler, Bloomberg reported, citing soaring prices.
Ursula von der Leyen warns of energy costs hike
European Commission (EC) President, Ursula von der Leyen has warned of rising energy costs for European Union member countries caused by the conflict in the Middle East.
Lantern selects Honeywell for Matagorda
Lantern LNG Holding, a US development company focused on building nearshore LNG liquefaction facilities on fixed platforms, is to appoint Honeywell as the end-to-end LNG technology and automation solutions provider for its planned offshore LNG development located in Matagorda Bay off Texas.
Lantern said it planned to use Honeywell’s full-service LNG technology portfolio, including natural gas pre-treatment, advanced liquefaction and coil-wound heat exchangers, coupled with its automation and digital solutions.
The company’s Matagorda Bay facility aims to produce around 12 mill tonnes per annum of LNG utilising three trains of 4 mill tonnes per annum.
Lantern LNG currently expects a final investment decision (FID) for Train 1 in 2029, with a commercial operations date (COD) anticipated for late 2031.
Middle East hostilities - day 61 roundup
Energy price explosion. The World Bank has forecast a 24% surge in energy prices this year, due to the Iran war and the resulting blockade of the Strait of Hormuz, according to its latest Commodity Markets Outlook.
Shell’s move on ARC Resources to boost LNG Canada’s expansion plans
UK energy giant Shell's move to buy one of Canada's largest natural gas producers increases the likelihood that the LNG Canada plant expansion will move ahead, industry sources told newswires.
EDF delays Edison stake sale decision
French utility EDF has postponed a decision to sell part of its Italian subsidiary Edison, due to the Middle East conflict disrupting Qatar LNG supplies imported into Italy, sources have told Reuters.
Vitol looks at LNG del Plata
Argentina’s Camuzzi Gas Inversora has signed a memorandum of understanding (MoU) with commodity trading giant, Vitol regarding its LNG del Plata project.
TotalEnergies offsets Middle East production losses
TotalEnergies Board has approved the first quarter 2026 financial statement.
