LNG

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NextDecade secured a 20year LNG supply agreement with JERA from its Rio Grande project, reinforcing longterm market stability. This strategic move offers secure energy supply for Japan, supports Rio Grande financing, and signals increased investor confidence amid rising global LNG demand.

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Viva Energy's proposed LNG import terminal in Geelong, Victoria, received state approval last week, igniting discussions on energy security versus environmental commitments. The project aims to address potential gas shortages amid declining local supplies, while critics argue it contradicts Victoria's net-zero emissions goals.

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Venture Global's CP2 LNG project secured final FERC approval last week, clearing the way for construction, financing and offtake negotiations. With $3bn in debt raised and rising global demand, CP2 is set to enhance U.S. export capacity and shape LNG trade flows.

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