LNG geopolitics remain under pressure despite a temporary U.S.-Iran ceasefire, with a full resumption of LNG production from the Gulf unlikely. While some cargoes may exit the Strait of Hormuz, operators lack the confidence needed to restart production, keeping supply risks elevated. LNG geopolitics continues to be shaped by instability Read more
Baker Hughes has secured a strategic order from San Matias Pipeline S.A. to supply three gas compression units for a major natural gas pipeline project in Argentina.
Caturus has announced that its Commonwealth LNG project has finalised customer offtake agreements to underpin financing of its LNG facility in Cameron Parish, Louisiana.
LNG carriers are caught between a short-term freight spike and a medium-term oversupply risk tied to disrupted Qatari export volumes. The situation in the Middle East raises a challenging question: does the disruption mean more ships are needed, or fewer? Since late-February strikes on Iran, the Strait of Hormuz, handling Read more
Waha gas prices averaged a record low of minus $3.7/mmbtu in March as the Permian hub continued to suffer from insufficient takeaway capacity. Gas prices at Waha averaged at a record low of minus $3.7/mmbtu in March, as the most famous Permian hub continues to suffer from insufficient takeaway capacity. Read more
Natural gas prices fell across Asia, Europe and the United States last week, with JKM, TTF and Henry Hub all declining amid recovering LNG supply, milder weather expectations and softer demand. While prices weakened early in the week, support emerged from South Asian cooling demand, European storage withdrawals and shifting Read more
Vietnam Gas Corp., together with Vietnam Electricity Group and Vietnam Oil and Gas Power Corp., have signed agreements on the supply of LNG for large scale gas-fired power projects.
The Export-Import Bank of the United States has approved an export credit insurance authorisation of more than US$2 billion supporting US LNG exports to Egypt.
Master Boat Builders, Inc. has announced the delivery of the Jill, the second of two identical vessels designed specifically for Gulf LNG operations.
The U.S. Department of Energy has authorised an immediate 22%?increase in ex-ports of LNG from the Elba Island Terminal in the US.