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Overview
With significant investment going into LNG export projects in the US, Australia and across Asia-Pacific and continued concerns about gas imports into Europe and Asia, LNG is expanding as a major sector of the global gas market that has attracted super-majors and independent companies alike.
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Oil gains mask decline in Peru gas reserves and investment
Peru’s hydrocarbons sector shows mixed signals as modest gains in oil reserves contrast with falling gas availability and subdued investment levels.
Global LNG exports jump 4% in 2025
Global LNG exports climbed to 429mn tonnes in 2025, representing a 4% increase from a year earlier.
Qatar to provide Egypt with LNG shipments for summer 2026
Qatar is set to fortify Egypt’s energy security through the summer of 2026 by delivering up to 24 liquefied natural gas shipments.
Cambodia’s first 900-MW LNG power plant to begin operations by late 2026
Cambodia is set to launch its first LNG power plant in Koh Kong province by the end of 2026, a development expected to bolster electricity supply, enhance energy security, and stabilise the national grid.
Turkey’s energy minister commends country’s first publicly-owned floating storage and regasification unit
Turkey’s first publicly-owned floating storage and regasification unit (FSRU) has so far provided 9.3bn cubic metres (bcm) of natural gas to the national transmission system, according to Energy and Natural Resources Minister Alparslan Bayraktar.
Russian gas exports to Europe crash 44% in 2025
Russia’s pipeline gas exports to Europe fell by 44% in 2025 to their lowest level since the mid-1970s, following the closure of the Ukrainian transit route and as the EU moves to phase out fossil fuel imports from Russia.
US intervention in Venezuela could slow Argentina's oil investments, government warns
Baker Hughes to supply Commonwealth LNG with liquefaction equipment
Energy equipment and services provider Baker Hughes will provide liquefaction equipment to Commonwealth LNG.
Vietnam plans at least 20 new LNG-fired power plants by mid 2030s
The development of LNG-fired capacity sits within a broader revision of the nation’s Power Development Plan, known as PDP8.
China takes over 20 sanctioned Russian LNG shipments despite Western curbs
China received 22 shipments of LNG in 2025 from two Russian export projects subject to US and European Union sanctions, highlighting Beijing’s continued engagement with Moscow’s energy sector.
Turkey’s Botas and Woodside agree to 9-year LNG deal
Turkish state-owned petroleum pipeline corporation Botas has signed a sales and purchase agreement with Australia’s Woodside energy.
Myanmar eyes expanded gas production with Chinese support
Talks highlighted opportunities for increased Chinese investment and technical support in Myanmar’s energy sector.
Egypt and Qatar sign LNG supply agreement for Sokhna and Damietta facilities
Egypt's EGAS and QatarEnergy signed LNG supply deal for Sokhna and Damietta ports as Cairo secures summer gas supplies and targets return to net exporter status by 2027 with domestic production growth.
US exports record 111mn tonnes of LNG in 2026
US shipped nearly 20mn more tonnes of LNG than its closest rival Qatar.
Russia delivers first domestically-produced LNG carrier
Russia’s Sovcomflot has taken delivery of the country’s first domestically-built, icebreaking ARC7 LNG carrier, the Aleksey Kosygin, at the Zvezda shipyard in the Far East.
Europe's LNG imports surge to record 142bn cubic metres in 2025
Europe's LNG imports hit record 142bn cubic metres in 2025, up 28% from previous year, as continent continues reducing Russian pipeline gas dependence with December reaching 12.7bn cubic metres.
LNG expansion threatens Colombia’s offshore gas projects, consultants warn
Colombia’s plans to expand liquefied natural gas import capacity risk undermining the economics of new offshore gas developments, as imported supply could cap prices and weaken demand for domestic output, industry consultants said
India's LNG imports up 5% in November
India’s liquefied natural gas (LNG) imports rose in November 2025, reaching 2.85bn cubic metres (bcm), up 4.9% year-on-year
Vietnam faces financing challenges in scaling up gas-fired electricity
Vietnam’s ambitions to expand gas-fired power generation are facing mounting challenges, particularly amid differing views on projects using domestic gas and imported LNG.
Israel approves $35bn Egypt gas export deal linked to Leviathan field
Israel has approved a $35bn natural gas export agreement with Egypt, expected to build on Leviathan-linked exports and deepen Eastern Mediterranean energy cooperation while supporting Egypt’s LNG export capacity.
LNG supply crunch as carrier orders outstrip shipping capacity
The global LNG market is facing a supply crunch as planned liquefaction capacity is outpacing the number of new carriers set to enter service by 2030, Argus Media reported on December 18.
UK removes Egypt’s Zohr gas project from sanctions despite stake held by Russia's Rosneft
UK removes Egypt’s Zohr gas project from scope of its sanctions regime despite Rosneft’s minority stake, citing Treasury decision that highlights a pragmatic carve-out for energy assets critical to regional gas supply and Egypt’s LNG exports.
Egypt approves $4.3mn South Korean grant for green energy infrastructure in Suez Canal
The Egyptian cabinet approved a draft presidential decree endorsing a grant agreement with South Korea to establish green energy infrastructure in the Suez Canal area, with funding of about $4.3mn
Hungary’s MVM Signs five-year LNG deal with Chevron
This deal follows an initial framework agreement reached during a Hungarian government delegation's visit to Washington last month, which set the stage for broader energy cooperation between the countries.
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