LNG

Two energy officials told Indian media outlets that the country will likely expand its reliance on coal for electricity generation to meet peak energy demand this summer, as LNG supplies dwindle due to the situation in the Persian Gulf.

Bulgaria imported some LNG on 4th March at prices agreed before the Middle East conflict escalation, Energy Ministry, Traycho Traykov  revealed.

In a worrying escalation of the Gulf conflict, the US has claimed to have destroyed 10 Iranian boats allegedly planting mines across the Strait of Hormuz.

Shipping service provider and third party shipmanager, V.Group, is to take on the full technical management of two of Mitsui OSK’s (MOL) newbuilding LNGCs. 

China’s gas supplies fell by 1.1% and oil imports rose by 15.8% in January/February, 2026 year-on-year, the General Administration of Customs of China has reported.

According to the figures, deliveries of oil and gas during the reporting period amounted to 96.93 mill tonnes and 20.1 mill tonnes. In terms of value, this dropped by 5.2% (to $44.32 bill) and 12.7% ($8.44 bill), respectively.

Russia is the leading exporter of energy resources to China.

In 2025, China purchased 100.72 mill tonns of oil from Russia (down 7.1%), and 9.79 mill tonnes of LNG (up by 18.2%).

Deliveries via the Power of Siberia gas pipeline amounted to about 38.8 bill cu m - up 25%, Russian newswire TASS reported.

President Trump’s assertion that the war against Iran was almost over resulted in the world’s energy prices falling from their recent highs.

In an effort to strengthen the LNG infrastructure in eastern India, Syama Prasad Mookerjee Port, Kolkata (SMP) has signed a license agreement with East Horizon to establish an FSRU at the Haldia dock complex (HDC).

Texas LNG Brownsville, the LNG export terminal being developed at Brownsville, Texas, by an affiliate of the Glenfarne Group, has signed an engineering, procurement, and construction (EPC) contract with Kiewit under a lump-sum turnkey (LSTK) structure.

Maltese authorities have drawn up contingency plans in case the damaged Russian LNGC ‘Arctic Metagaz’ drifts closer to the island.

Taiwan's government has announced that it will increase US LNG imports from June of this year, as new supply contracts have been signed.

The government also said that it was working to resolve the disruptions caused by the Middle East war.

In a statement it said that the economy ministry tracked international crude oil prices and inventories on a daily basis.

The ministry monitors incoming cargoes’ shipping schedules to ensure that it has a full understanding of international crude oil supply and natural gas conditions.

Taiwan's domestic gas and petroleum inventories are above the required levels, according to the statement.

It also said that the ministry's plan included advanced cargo rescheduling and Asian regional cargo re-allocation. Spot market purchases were also part of the plan, Reuters reported.