In this issue

 

Thursday, 22 January 2026

Egypt’s 2025 LNG imports hit record high

Once a major exporter, Egypt imported a record volume of LNG last year, which highlighted its growing energy needs, as the country faced a domestic gas production decline and less…
Thursday, 22 January 2026

Aramco signs long-term LNG supply deal

Saudi Arabian energy giant, Aramco has signed a long-term supply agreement with US Commonwealth LNG for 1 mill tonnes of LNG per year, according to a Reuters report.
Thursday, 22 January 2026

Texas LNG heads for FID with latest RWE SPA

Glenfarne Group’s Texas LNG Brownsville has become close to taking a final investment decision (FID) with the signing of a definitive 20-year sales and purchase agreement (SPA) with RWE Supply…
Thursday, 22 January 2026

Türkiye to benefit from US LNG ramp up

The US aims to double its LNG export capacity in the coming years, with Türkiye among the countries set to benefit, according to US Energy Association (USEA) President, Mark Menezes.
Thursday, 22 January 2026

Woodside’s Scarborough project moves ahead

Woodside Energy has announced a major milestone in its Scarborough Energy project with the arrival of the FPU.
Thursday, 22 January 2026

Small-scale plants’ growth drives Chinese company

As demand grows for flexible, distributed, and efficient natural gas infrastructure, the technology to enable the liquefaction, processing, and LNG distribution has become increasingly critical.
Thursday, 22 January 2026

Poland’s small scale LNG success

Last year, Polish energy company, ORLEN claimed to have further consolidated its position in small-scale LNG supplies.
Thursday, 08 January 2026

Shell eyes Venezuelan gas field

Following the ousting of Venezuela’s President, Nicolás Maduro by US forces, UK energy giant Shell was said to be poised to capitalise on a substantial energy opportunity.
Thursday, 08 January 2026

US exceeds export milestone

Last year, the US became the first LNG exporter to exceed 100 mill tonnes in a 12 month period, accounting for roughly 25% of global LNG exports.
Thursday, 08 January 2026

Falling gas prices forecast

At the end of last year, European natural gas prices were heading for a sharp annual drop, despite unusually low inventories.
Thursday, 08 January 2026

LNG supply to rapidly increase from 2027

Global LNG supply will surge from 2027, due to major expansions in the US, Qatar and new projects in Algeria and Morocco.
Thursday, 08 January 2026

South Korea looks to LNG imports over coal

At last month’s United Nations climate talks, South Korea's new Ministry of Climate, Energy and Environment announced plans to close most of the country’s coal-fired power plants by 2040 and…
Thursday, 08 January 2026

More SPAs agreed

More LNG sales and purchase agreements (SPAs) have come to light recently.
Thursday, 08 January 2026

Russian LNG production target ditched

Russia has postponed its annual target of 100 mill tonnes LNG production for several years.
Page 13 of 286

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News Nudges

US arbitrage reverses

As of the final week of September, the arbitrage for US LNG cargoes has effectively reversed, favouring deliveries to Europe over northeast Asia. Shippers have to pay record fees for Panama Canal transits, which is encouraging flexible cargoes from the US Gulf Coast to discharge in northwest Europe instead of Asia, shortening average voyage distances and increasing vessel availability in the Atlantic basin. Reduced tonne-mile demand, in turn, puts downward pressure on spot rates as well as forward freight rates. Fourth-quarter LNG freight rates were last seen about $53,000/day, the second-lowest Q4-level on record. The US Gulf to European Continent freight rate at the Baltic Exchange (BLNG2), defined as a delivery from Sabine Pass to the UK-Continent/Isle of Grain, increased from $24,700/day to $32,400/day. By comparison, the BLNG3 rate for US Gulf Coast deliveries to Japan climbed from $51,900/day to $66,000/day as per market close on September 25.