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Thursday, 06 August 2026

NYK to take stake in EIG’s MidOcean

Japanese shipping giant Nippon Yusen Kaisha (NYK) is to invest in MidOcean Energy, an LNG company backed by private US investment firm EIG, to enhance its LNG value chain businesses.
Thursday, 06 August 2026

Seatrium well placed in the LNGC conversion market

As well as FPSOs, LNG supply tightness amid heightened energy security priorities and supply diversification imperatives is fuelling demand for FLNG and FSRU deployments as flexible, fast-to-market alternatives to conventional…
Thursday, 06 August 2026

African LNG producers eye domestic markets

Emerging African natural gas producers are broadening their focus beyond export markets to fully realise the value of their reserves, according to the African Energy Chamber.
Thursday, 23 July 2026

First US LNG cargo bonded in China, not (yet) imported

China has received its first US LNG cargo in nearly 1.5 years, with the Al Fat’h carrier – loaded at Plaquemines in early June – berthing and discharging at Yangpu…
Thursday, 23 July 2026

Pakistan LNG pays dearly for late July cargo

State-owned Pakistan LNG has purchased a cargo for late July delivery at nearly $21.88 per million British thermal units on Monday, its highest price since 2022, Bloomberg reported. In August,…
Thursday, 23 July 2026

Nakilat H1-2026 profits rangebound despite Middle East conflict

Qatar Gas Transport Company, better known as Nakilat, has kept first-half net profit broadly flat at 857 million Qatari Riyals, even as its Marine Services segment was “significantly affected” by…
Thursday, 23 July 2026

Egypt close to sealing term LNG supply deal worth up to $11 billion

Egypt is close to sealing a multi-year LNG supply deal that could lock in 15 to 18 cargoes a month for at least three years. Reuters calculations put the deal…
Thursday, 23 July 2026

Persian Gulf LNG exports slump after attack on Qatari cargo

Laden LNG transits through the Strait of Hormuz have dropped sharply, down from roughly 0.8 cargoes per day in late June to just 0.2 cargoes per day by July 15,…
Thursday, 23 July 2026

Arctic LNG 2 passes its 2025 total in 1H 2026, the long way round

Sanctioned Arctic LNG 2 has already despatched more LNG to China this year than in the whole of 2025. LNG Journal's own research shows 24 cargoes totalling 1.49 MMt sailed…
Thursday, 23 July 2026

HPCL opens LNG supply hunt

India’s Hindustan Petroleum Corp is calling on LNG suppliers, producers and traders to register interest in supplying spot cargoes and term deliveries. The state-run refiner is understood to look for…
Thursday, 23 July 2026

Bidders line up for Adriatic LNG’s 2026 open season

Italy-based Adriatic LNG has launched the accreditation phase for its Open Season 2026, offering medium- to long-term regasification capacity from January 2029 through December 2051. Accreditation is open through September…
Thursday, 23 July 2026

Insurance costs reshape LNG shipping economics

Security costs rather than freight fundamentals are increasingly determining LNG shipping economics. Owners face "between 6 and 10 million dollars for every single shipment" simply to secure additional insurance cover,…
Thursday, 23 July 2026

Fayard shipyard urged to stop servicing Russia’s Arc7 LNG tankers

Danish shipyard Fayard and CEO Thomas Andersen has been urged to halt all repair and maintenance work on Russia’s ice-class Arc7 LNG carriers, as servicing carried out in 2026 risks…
Thursday, 23 July 2026

Greece warns EU ban on Russian LNG cedes market share to rivals

Greece has warned EU sanctions against the transhipment of Russian LNG to third countries could surrender market share to non-European rivals, as EU envoys postponed talks on the bloc’s 21st…
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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.