Despite all the macroeconomic uncertainty, LNG FID activity remains extremely strong in 2025, with over 50 bcm/y of LNG liquefaction capacity sanctioned since the start of the year. Following the pause in 2024, the US came back with full strength to the LNG FID scene, further solidifying its position as Read more
Floating LNG terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy.
The Northeast Asian assessed spot LNG price JKM (September delivery) for last week (21 – 25 July) fell to mid-USD 11s/MBtu on 25 July from low-USD 12s/MBtu the previous weekend (18 July). JKM fell to USD 11 range on 24 July for the first time since mid-May due to weak Read more
China’s LNG imports plummeted by 20% in H1 2025, their steepest decline since the 2022 gas crisis, and highlighting China’s growing role as a key balancing market. Several factors contributed to China’s fading LNG appetite: (1) Lower domestic demand: China’s gas consumption dropped by an estimated 1% in H1 2025, Read more
Venture Global, Inc. has announced a final investment decision and closing of the US$15.1 billion project financing for the first phase of Venture Global CP2 LNG, together with the associated CP Express Pipeline.
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration has entered into a 20-year lease agreement with McNeese State University in Lake Charles, Louisiana, as the site of the PHMSA National Center of Excellence for LNG Safety.
HAM Group has opened a new LNG service station in Castejón, Navarra, Spain.
Nakilat has launched the first financing package with the Export-Import Bank of Korea for 25 conventional Korean-built LNG vessels that will be fully owned and operated by Nakilat.
An analysis of market and government data by Reuters shows the Philippines is on track for an annual decline in coal-fired electricity output for the first time in nearly two decades, driven by rising LNG-fired power generation.
DNV has awarded a general approval for ship application certificate to Mitsui O.S.K. Lines, Ltd, MISC Berhad, PETRONAS CCS Ventures Sdn. Bhd., and Shanghai Merchant Ship Design and Research Institute, for a jointly-developed 62 000 m3 liquid carbon dioxide carrier design.