LNG

South Korean private equity firm, Hahn & Company is restructuring its two shipping companies to create a large standalone gas carrier concern.

Nigeria is attempting to revive its offshore investment by offering new tax incentives designed to unlock up to $50 bill in delayed oil and gas projects.

US major LNG plant developer, Cheniere Energy has published its 2025 Corporate Responsibility Report.

Bangladesh is turning to the US for a long-term LNG supply deal, as it seeks to shore up energy supplies amid disruptions in global gas markets caused ‌by the US/Israeli conflict with Iran.

Vietnamese state-controlled Petrovietnam Gas (PV Gas) is sounding out suppliers for a possible tender to procure LNG under a five-year contract, according to a document seen by Reuters.

If agreed, it ‌would be Vietnam's second term contract after a deal with Shell earlier this year, as the Southeast Asian manufacturing hub builds an LNG industry from scratch to help meet growing energy demand.

The request sent in June to potential suppliers under a ‘market sounding exercise’ is for the supply of 250,000-450,000 tonnes to be delivered to the Thi  Vai ‌Terminal, with deliveries starting in January, 2027 or later, the document said.

No tender has been announced yet.

In January, 2026 PV Gas awarded its first term contract to Shell, which will deliver the cargoes to Vietnam from 2027 to 2031, under a five-year supply deal for ‌about 400,000 tonnes per year.

Vietnam, which is seeking to reduce its reliance on coal and lower its carbon emissions, has two LNG terminals, both located in the south of the country, which have been supplied under spot contracts.

Operated by PV GAS, Thi Vai can handle up to 1 mill tonnes per year and is being expanded to 3 mill tonnes. It supplies two power plants with ‌combined capacity of 1.5 GW.

The other terminal, Cai Mep Terminal owned by AG&P LNG, has a capacity of 3 mill tonnes per year.

European natural gas benchmark prices rose strongly yesterday, as market participants reassessed the risks to winter supply, financial newswires reported.

US large LNG plant developer, Venture Global exported 127 cargoes and sold 466.4 TBtu of LNG in the second quarter of this year, an increase of 38 cargoes and 137.2 TBtu, or 42%, from the 2Q25 figures.

French-based engineering and technology company Technip Energies has been awarded a front-end engineering design (FEED) contract for the Yan offshore regasification terminal project in Kedah, Malaysia.

Delfin LNG has awarded the offshore geophysical and geotechnical survey services for its Delfin Deepwater Port project, located offshore Louisiana, to TDI-Brooks.

The UK’s largest  LNG terminal operator, Grain LNG, a 50/50 joint venture between Centrica and Energy Capital Partners (ECP), has appointed energy veteran, Peter Abdo as CEO, effective 1^st October.

Abdo has had more than 30 years of experience across the global LNG, natural gas, power and commodities markets.

He was most recently Uniper’s CCO, LNG and Global Origination, where he led the company's global LNG activities, including trading, origination and shipping.