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August LNG flows edge lower as Atlantic declines offset Pacific growth and steady Middle Eastern output
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ConocoPhillips this week agreed a 20‑year purchase of 1.0 Mtpa from NextDecade's Rio Grande Train‑5, reinforcing long‑term US‑sourced LNG contracting as fresh trains near commission. The deal supports project ramp‑up and gives buyers route certainty amid an anticipated capacity increase from 2026.
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The Syama Prasad Mookerjee Port at Haldia awarded a 30‑year licence for a floating LNG terminal, initially 1.5mtpa and expandable to 3.0mtpa. The project strengthens eastern India’s supply security, links to GAIL pipeline plans, and forms part of India’s broader LNG import expansion to 2030.
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