LNG

Venture Global’s subsidiary, Venture Global Calcasieu Pass (VGGP) has closed its $750,000,000 aggregate principal amount of 6% senior secured notes offering.

The notes will mature on 1^st May, 2036.

VGCP used the net proceeds, together with cash on hand and proceeds received from certain hedge terminations, for the prepayment, in full, of its outstanding term loans, and to pay fees and expenses in connection with the offering.

The notes are guaranteed by TransCameron Pipeline, a VGCP’s affiliate and are secured on a pari passu basis by a first-priority security interest in the assets that secure VGCP’s existing senior secured first lien credit facilities and VGCP’s existing senior secured notes.

Addressing the current natural gas problem, Dubai-based Gas Exporting Countries Forum (GECF) secretary, Philip Mshelbila, said that a full global gas recovery would take six months to a year if the supply-sapping US/Israeli war in Iran stopped tomorrow.

Australian energy developer, Santos has reported stable operational and financial performance in the first quarter of this year.

US energy giant, Chevron has restarted LNG production at Wheatstone after repairs, caused by cyclone damage in March, were completed.

During the week ending 22^nd April, 35 LNGCs left US ports, unchanged from the previous week.

Their LNG-carrying capacity was 134 bill cu ft, up 1 bill from the week before, according to data supplied by Bloomberg Finance to the US Energy Information Administration.

Nine vessels departed from Sabine Pass, seven from Plaquemines, six from Corpus Christi, four each from Freeport and Cameron, three from Calcasieu pass, and one each from Cove Point and Golden Pass.

Notably, the new Golden Pass LNG terminal exported its first cargo from Train 1 on 22^nd April.

French engineering and design group GTT has split the company into two divisions - GTT Energy and GTT Marine.

Spanish TVB prices, representing the value of LNG stored in tanks across Spain's regasification plants, saw a wider discount to the Dutch TTF gas hub than delivered LNG into Northwest Europe and the Mediterranean.

Following Belgian terminal operator, Fluxys latest subscription window for annual and long term storage services, which took place in March, 2026 and given the need to fill European storage facilities ahead of the winter, particularly in the current geopolitical context, the company has organised an auction for its remaininggolden standard bundled units (SBUs) for storage year 2026/2027.

In this auction, Fluxys is offering 57,458 golden SBUs for the remainder of storage year 2026/2027, with the service period 1st May 2026 to 31st March. 2027.

Fluxys LNG is also offering two slots to unload, store and regasify LNG cargoes at Zeebrugge for July, 2026.

Auctions will be organised on 5^th May for new additional slots, which will start on 9^th and 17^th July, respectively.

For these slots, Fluxys LNG commercialises the firm rights to unload, store and regasify up to 140,000 cu m of LNG over 10 days.

Fluxys explained that relative costs are lower for larger cargoes, as berthing costs are volume independent and the tariffs for additional send out and storage are cheaper than the basic send out.