LNG

FSRU terminal operator, LNG Croatia is to offer additional regasification capacities for the years 2026/2027, 2029/2030 and 2037/2038, 2039/2040, on 2^nd February, 2026.

This will be accomplished through an auction organised in co-operation with the auction platform for contracting European gas infrastructure capacities - PRISMA European Capacity Platform.

To take part in the auction, participants will need to  sign a registration agreement with LNG Croatia and submit a guarantee of €1 mill by 16^th January, 2026, the Croatian state-owned LNG terminal operator said.

Global LNG supply will surge from 2027, due to major expansions in the US, Qatar and new projects in Algeria and Morocco.

Malaysia’s state-owned energy company, PETRONAS is aiming to reach a final investment decision (FID) on its new gas project in Suriname this year.

Last year, the US became the first LNG exporter to exceed 100 mill tonnes in a 12 month period, accounting for roughly 25% of global LNG exports.

Egypt has signed a memorandum of understanding (MoU) with Qatar to strengthen co-operation in the energy sector, particularly in the sales and import of LNG, as well as in other energy areas.

Asian spot LNG prices started 2026 on a steady note, as muted regional demand and ample supply kept the market flat following a 34% slump last year.

Atlantic freight rates continued to fall, reaching $71,750 per day, while Pacific rates slipped to $55,000 per day at the end of last week, Spark Commodities analyst, Qasim Afghan, said.

He added that the US front month arbitrage to northeast Asia via the Cape of Good Hope, closed out further, pointing more strongly to Europe, while the arbitrage via Panama had also closed out and pointed to Europe again.

Meanwhile, Stonepeak Infrastructure Partners’ controlled LNGC owner, Seapeak was said to be behind an order for two LNGCs placed at Samsung Heavy Industries.

Samsung confirmed the order without naming the owner and said the price for the two vessels was Won721.1 bill ($499 mill). They are scheduled to be delivered by September 2028, the shipbuilder added.

"We exceeded expectations last year by focusing on winning orders for high value added vessels," a company official said. "We expect a steady flow of orders amid recovering demand for LNG carriers throughout the year."

Greek energy and metals group METLEN’s International Energy Supply & Trading division, has received the first US LNG cargo destined for Bulgaria at the Alexandroupolis FSRU terminal.

This year, global LNG exports will have likely seen the largest jump in three years, as new North American supply came online.

A multi-billion dollar agreement to export Israeli natural gas to Egypt has been agreed, following the green light received from the government.