LNG

Romania's state-controlled gas transmission operator, Transgaz has signed a memorandum of understanding (MoU) with US-based developer Argent LNG to explore a potential equity investment in the development of its LNG export terminal in Port Fourchon, Louisiana.

Argent LNG is developing an export terminal at Port Fourchon with a planned capacity of 25 mill tonnes per year. The project is expected to deliver its first commercial cargo in 2030.

The non-binding agreement, signed at Transgaz's headquarters in Bucharest, establishes a framework for negotiations on a possible stake in Argent LNG alongside other US investors.

According to the companies, this initiative would allow Transgaz to strengthen its long-term access to US LNG supplies, while participating directly in the development of a large North American LNG export facility.

As well as securing LNG supplies, the MoU envisages using Romania's gas transmission network as a regional transit corridor for US LNG destined for the Republic of Moldova, Ukraine and other Central and Eastern European countries, including Hungary, Austria, the Czech Republic, Slovakia and Germany.

Golden Pass LNG despatched its sixth cargo on 4 August, its first having sailed on 22 April. On a sailed-date basis that is six cargoes in the terminal's opening 105 days, with a gap of some seven weeks between the second and the third.

The UK has added the Russian flag LNGC ‘Arctic Express’ to its sanctions list.

UK energy major, bp has agreed to acquire Woodside Energy’s 70% interest in the Trinidad and Tobago’s Calypso project.

As of 31^st July, 2026, more than 4,940 LNG cargoes totalling over 340 mill tonnes of LNG have been produced, loaded and exported from major US LNG plant developer, Cheniere Energy’s liquefaction projects, since operations were started.

Belgian gas vessel owner and operator, EXMAR has taken delivery of the 146,000 cu m LNGC, ‘Simaisa’.

Some 31 LNGCs sailed from US export terminals during the week ending 5^th August, down four week-on-week.

Their LNG-carrying capacity was 119 bill cu ft, a drop of 16 bill cu ft from the previous week.

Seven vessels departed from Sabine Pass, six from Plaquemines, five from Corpus Christi, four from Cameron, three from Calcasieu Pass, two each from Elba Island and Freeport, and one each from Cove Point and Golden Pass terminals, according to the US Energy Information Administration (EIA).

The fall in the number of sailings could be due to maintenance programmes underway at various plants.

Iran has claimed to have reached an agreement with Oman on a route for ships through the Strait of Hormuz.

US plant developer, Coastal Bend LNG has commenced the formal permitting process for its proposed LNG export facility along the Texas Gulf Coast by requesting that the US Federal Energy Regulatory Commission (FERC) begin a pre-filing review.

UK energy major Shell’s Australian arm is to invest in the next phase of Queensland Australia’s ‌Surat Gas Project.