Türkiye to benefit from US LNG ramp up
The US aims to double its LNG export capacity in the coming years, with Türkiye among the countries set to benefit, according to US Energy Association (USEA) President, Mark Menezes.
Asian LNG spot rates firm
Asian spot LNG prices rose last week on the back of a colder weather outlook, which resulted in demand returning, which lifted price levels to their highest levels in six weeks.
Magnolia LNG to be re-scheduled
Glenfarne has asked the US Federal Energy Regulatory Commission (FERC) for an extension to the timeline of its proposed LNG export terminal.
LNGC rates continue to fall
Atlantic LNGC freight rates softened for a seventh consecutive week to $26,250 per day last Friday, while Pacific rates eased to $41,250 per day, according to Spark Commodities analyst, Qasim Afghan.
The US front-month arbitrage to northeast Asia via the Cape of Good Hope closed out further, strongly pointing to Europe.
This was driven by a recent fall in the JKM/TTF spread as the JKM failed to match the recent TTF rally, Afghan added.
Egypt’s 2025 LNG imports hit record high
Egypt imported a record volume of LNG in 2025, highlighting its growing energy needs as it faced a domestic gas production decline and less reliable supply from Israel.
MidOcean eyes up Argentina LNG
EIG’s LNG developer, MidOcean Energy is negotiating to join Argentina LNG, according to sources talking with Bloomberg.
Texas LNG heads for FID with latest RWE SPA
Glenfarne Group’s Texas LNG Brownsville has signed a definitive 20-year sales and purchase agreement (SPA) with RWE Supply & Trading for the supply of 1 mill tonnes per year of LNG.
BC Hydro to built second Woodfibre LNG power line
Canadian engineering company, BC Hydro is to build another power line, the Woodfibre LNG interconnection project stage 2, to ensure the under construction export plant has reliable access to clean and renewable power.
US LNGC sailings drop
Thirty-three LNGCs with a combined LNG-carrying capacity of 127 bill cu ft left US ports between 8th and 15th January, compared with 38 the week before.
Eight left Sabine Pass, seven from Plaquemines, five each from Cameron, Corpus Christi, and Freeport, two from Calcasieu Pass and one from Cove Point, according to data supplied by Bloomberg Finance to the US Energy Information Administration (EIA).
ORLEN sees success in small scale LNG supplies
Last year, Polish energy company, ORLEN further consolidated its position in small-scale LNG supplies.
