Thursday, 15 October 2026 10:10

LNG Unlimited – 15 October 2026

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New Zealand is continuing procurement for its first LNG import terminal but will not decide whether to proceed until after the general election, scheduled for November 7. Contracts are need to be signed before year-end to get the terminal into operation by 2028, to mitigate dry-year risk.

The International Monetary Fund (IMF) has warned that war-driven oil and LNG prices will keep global headline inflation high in 2027, adding to pressure on households, industry and public finances in energy import-dependent economies.

European Energy Commissioner Dan Jørgensen said he has asked his team to examine a one-year delay to methane requirements for imported oil, pipeline gas and LNG. The proposed change would move the start of the EU Methane Regulation’s import provisions from January 1, 2027 to the beginning of 2028.

ingapore LNG (SLNG) has begun construction of a third jetty at its Jurong Island terminal to boost LNG reload and bunker capacity, with completion targeted in the second half of 2028. The new berth is designed to support about 2 mtpa of LNG bunker reload demand, including break-bulk and other small-scale LNG operations.

Sempra Infrastructure is advancing preliminary commissioning work at its Port Arthur LNG export project in Texas, with a view to getting Train 1 into commercial operations at or near the end of 2027, followed by Train 2 in 2028.

Freedom LNG has filed an application with the U.S. Department of Energy (DOE), seeking 20-year authorisation to send up to 343 billion cubic feet per year (bcf/y) of U.S. natural gas by pipeline to Mexico and re-export up to 307 Bcf/y as LNG from its proposed Bravo LNG terminal in Mexico.

PetroChina International has delivered its first LNG cargo to the Gate LNG import terminal in Rotterdam under a long-term terminal-capacity agreement, marking the first physical delivery by the Chinese company under its booked access to the Dutch facility.

European households and industries face at least another year of high gas prices as inventories sit nearly 15% below normal filling levels for October, leaving the EU dependent on scarce LNG cargoes and facing a costly refill campaign next summer.

European Union countries imported a record 12.18 million tonnes of LNG from Russia’s Yamal Arctic project in the first nine months of 2026, up 9.5% year on year, Kpler data shows. Urgewalt analysts estimate the EU’s spending on these Yamal cargoes reached €7.88 billion over the period, including €1.92 billion euros in the third quarter.