LNG

Australia’s oil and gas producer, Woodside Energy has reported record production of 198.8 mill barrels of oil equivalent, or 545 mill barrels per day, for 2025.

Houston-based Cheniere Energy has celebrated the 10th anniversary of its first LNG export cargo.

MET International, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and Shell Global LNG have signed a non-binding memorandum of understanding (MoU) to expand their existing long-term co-operation in LNG and gas trading.

Following several delays, South Korea’s energy company, SK Innovation E&S has shipped its first LNG cargo from Australia’s Barossa project to Japan.

The gas was transported to the nearby Darwin LNG terminal for liquefaction.

A second cargo bound for South Korea was also liquefied at the Darwin facility, the company, part of the SK Group, said.

This also marked the first time a private South Korean company has produced LNG through an overseas resource development project.

SK Innovation said it expected to secure 1.3 mill tonnes of LNG annually from the Barossa field over the next 20 years, which is equivalent to around 3% of South Korea's annual LNG imports.

The company acquired a 37.5% stake in the project in 2012. Australian energy producer Santos holds a 50% stake, and Japan's largest power generator JERA owns the remaining 12.5% in Barossa.

The three companies have jointly invested about Won2 trill ($1.6 bill) in the project, involving activities ranging from gas reserve assessments to the construction of production facilities, the company added.

The Export-Import Bank of the United States (EXIM) Board has approved a $400 mill export insurance deal to back US LNG exports to Türkiye.

Ukraine’s state owned gas group, Naftogaz will import gas via Deutsche ReGas’ LNG receiving terminal, located at Mukran on the island of Rügen in the German Baltic Sea.

Samsung Heavy Industries (SHI) is set to sign a final contract for the first newbuilding FLNG for US LNG developer, Delfin Midstream.

With Delfin signalling that the final investment decision (FID) will be made this month, this definitive final contract is expected to be signed next month or by the first half of this year at the latest, South Korean sources said.

Once financing is secured, the contract will be signed after the FID is taken.

Last year, Delfin CEO Dudley Poston revealed more orders could follow, when he forwarded a letter of award (LoA), a step before a final contract. He said that "a foundation has been laid not only for the first FLNG but also for contracts for the second and third units."

Delfin plans to build the three FLNGs, which will be moored off Louisiana and capable of producing up to a total of 13.2 mill tonnes of LNG annually.

US gas developer, Energy Transfer has terminated some offtake agreements from its suspended US Gulf Lake Charles LNG export project, according to a filing with the US Securities and Exchange Commission (SEC).

This year, the global LNG market is expected to be broadly balanced, although seasonal demand peaks may create localised shortfalls.

Gas carrier owner and operator, Capital Clean Energy Carriers Corp (CCEC), has priced the offering of €250 mill of unsecured bonds to Greek investors.

The bonds will be admitted to trading in the fixed income securities category of the Athens Stock Exchange’s Regulated Market.

They will mature in 2033 and will have a coupon of 3.75%, payable semi-annually. The offering is subject to customary closing conditions, and settlement is expected to occur on 25^th February, 2026 with their trading, due to start the day after.

CCEC said that the proceeds will be used to repay debt, finance part of its capital expenditure and the remainder, if any, will be utilised to finance working capital needs.

The company estimated the offering’s expenses to be around €7.5 mill.