LNG

Europe’s gas storage facilities were only around 55%  full at the end of July 2026 – the second-lowest level for this point in time since 2016.

Sabah is to sign an agreement with PETRONAS that would see the state acquire a 40% stake in an FLNG project.

ExxonMobil could move its LNG portfolio away from the Middle East, the US energy giant said on the back of its second quarter results presentation.

Malaysia’s PETRONET’s shipping arm, MISC has secured a 10-year contract from Malaysia LNG (MLNG) to provide long-term LNG shipping services.

In a filing with Bursa Malaysia, MISC said it had received a letter of award from MLNG for the vessel's long-term timecharter, with the operation expected to start in 2028.

As a result, MISC has signed a  contract with China's Hudong-Zhonghua Shipbuilding to build a small-scale 18,000 cu m LNGC.

"The project is strategically important as it supports PETRONAS' continued LNG supply to Sendai City, Japan, reinforcing a long-standing partnership of nearly 30 years and ensuring the reliable delivery of LNG to meet the customer's long-term energy needs,” MISC said in the filing.

The Al Areesh exited the Strait of Hormuz late on Wednesday, entering the Gulf of Oman on Thursday morning, the first laden Qatari LNG carrier to make the transit in three weeks, bound for Pakistan's Port Qasim terminal.

Iran’s Foreign Minister, Abbas Araghchi has warned against alleged Israeli “false-flag operations” designed to undermine regional peace, following a denial by Yemen’s Houthi group that it was involved in a recent drone attack on Egypt’s Damietta Port, which damaged an FSRU and an LNGC.

Japanese shipping giant Nippon Yusen Kaisha (NYK) is to invest in MidOcean Energy, an LNG company backed by private US investment firm EIG, to enhance its LNG value chain businesses.

Emerging African natural gas producers are broadening their focus beyond export markets to fully realise the value of their reserves, according to the African Energy Chamber.

Some 35 LNGCs sailed from US terminals during the week ending 29^th July.

The LNG-carrying capacity of the vessels was 135 bill cu ft, a rise of 9 bill cu ft from the previous week.

Seven vessels each departed from Corpus Christi, Plaquemines, and Sabine Pass; four each from Calcasieu Pass and Freeport; three from Cameron; two from Cove Point; and one from Golden Pass.