LNG

A new wind-assisted LNGC design has received an Approval in Principle (AiP) from French class society, Bureau Veritas Marine & Offshore (BV).

The endorsement confirms the technical feasibility and regulatory readiness of integrating wind-assisted propulsion into mainstream LNGC operations, BV said.

Developed by China’s shipbuilding concern, DSIC, the design is an integrated solution, combining LNG dual-fuel propulsion with sail-assisted technology, offering a practical and cost-controlled upgrade pathway for 175,000 cu m LNGCs.

The concept was designed to deliver improved energy efficiency, while maintaining operational reliability and ease of maintenance, BV added.

Former FLEX LNG and Avance LNG head, Øystein Kalleklev, has taken on the role of CoolCo Managing Director and also EPS Gas’ Commercial Director, as part of the merger plan.

US offshore LNG developer, Delfin Midstream has extended a letter of award (LoA) with Samsung Heavy industries (SHI) previously announced in October.

US LNG plant operator and developer, Venture Global has lowered its full-year 2025 core profit forecast.

Egypt has exported a 150,000 cu m LNG cargo to Canada from its Idku liquefication plant.

The cargo was loaded on TotalEnergies’ operated LNGC ‘LNG Endeavour’ and was the first shipment of 2026.

According to the Egyptian Ministry of Petroleum and Mineral Resources (MoPMR), this move supported the country’s role as a regional hub for gas trading, as well as encouraging foreign partners to pump more investment to increase domestic gas production.

Egypt is also expanding its regional influence through integrated energy networks.

For example, this month, the MoPMR signed two Memoranda of Understanding (MoUs) with the Syrian Ministry of Energy to supply natural gas for electricity generation.

This followed a December, 2025 agreement with the Lebanese Ministry of Energy and Water to provide natural gas to the Deir Ammar Power Plant.

In 2025, Egypt exported more than five LNG cargoes of around 150,000-155,000 each to European and Asian markets, including shipments to Greece, Türkiye, and Italy.

Asia spot LNG prices edged lower last week, on the back of tepid demand in the region and ample supplies.

The first LNG cargo has arrived for the Dominican Republic’s Manzanillo Power Land (MPL) electricity generation project for terminal testing purposes. 

India's Bharat Petroleum Corp (BPCL) has issued a purchase tender seeking four to eight cargoes per year starting 2026 for a period 10 years, according to sources and the tender document seen by Platts, part of S&P Global Energy.

US plant developer, Argent LNG has instructed law firm K&L Gates to lead its US Federal Energy Regulatory Commission (FERC) and US Department of Energy (DoE) regulatory filing and permitting process for its planned export facility at Port Fourchon, Louisiana.

US LNG plant developer, Coastal Bend LNG has contracted KBR and Técnicas Reunidas to undertake the front-end engineering and design (FEED) of the planned natural gas liquefaction and export facility to be located along the Texas Gulf Coast.