January 2026

LEAD STORY

The focus of Middle Eastern LNG trade is shifting away from regional resource holders to global portfolio players, regardless whether for imports or exports, writes our Market Editor Dr Alexander Wilk.

Dynamics in global LNG markets are undergoing a sea-change as the negotiating power is tilting from producers to consumers. A flurry of new liquefaction capacity – much of it still seeking long-term buyers – is colliding with an already well-supplied market; our Markets Editor Anja Karl investigates.

Also in this issue

Global LNG exports rose modestly month-on-month whilst year-on-year growth remained robust, with the Atlantic Basin maintaining strong expansion and Pacific volumes recovering, our Market Editor Dr Alexander Wilk reports. 

The US remains the world’s largest producer, consumer, and exporter of natural gas and the Federal Government has indicated that natural gas pipelines will be a focus for environmental policy in 2026 and beyond, writes Benjamin Muzi.* 

The global demand for natural gas as an alternative to coal and oil is rising, necessitating increased production of LNG for international trade.* 

With or without the IMO Net Zero Framework (NZF), LNG remains a viable transition pathway towards de-carbonisation and, with X-DF technology, ultra-low air pollution.* 

An EU guideline was recently published to outline procedures for verifying actual methane slip emissions from marine diesel engines, class society DNV has advised. 

As a result of LNG demand continuing to grow, new terminals have and are being planned. 

In debates over the global energy transition, LNG and renewable power are often framed as competing pathways — one a fossil-based bridge, the other a long- term solution - but the emerging reality is far more collaborative. Fuelling Editor Malcolm Ramsay explores further.

CoolCo:  At a special general meeting of LNGC owner and operator, Cool Company’s (CoolCo) shareholders, the proposed merger with a newly formed, wholly owned subsidiary of EPS Ventures (Eastern Pacific Shipping) was rubber stamped.