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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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Second LNG tanker in 2025 traverses Red Sea
An unloaded LNG vessel is passing through the Red Sea, becoming only the second LNG tanker to travel the route since June 2024 amid attacks by Yemen’s Houthi militia on cargo vessels.
Woodside negotiating with potential partners for equity stake in Louisiana LNG
Australia’s Woodside Energy is in the midst of talks with a handful of potential purchasers of equity stakes in its Louisiana LNG project.
Venture Global to begin commercial operations at Calcasieu Pass plant in April
US LNG producer Venture Global has notified its foundation customers that the firm’s Calcasieu Pass terminal in Louisiana has set a commercial operation date of April 15.
Straits Bio-LNG making headlines in Singapore’s bunkering sector
Singapore-based bio-LNG supplier Straits Bio-LNG, has announced plans to deliver 250,000 tonnes of bio-LNG per year in Singapore.
Eni, TotalEnergies strike deal to pipe Cypriot gas to Egypt
Italy’s Eni and France’s TotalEnergies, partners in Cyprus’ offshore Block 6, have signed a host government agreement with Egypt and Cyprus for the development of the site’s gas resources.
Indian LNG imports up 7.6% in January
India’s liquefied natural gas imports rose to 3.05bn cubic metres (bcm) in January, marking a 7.6% increase year-on-year (y/y), according to provisional data from the Ministry of Petroleum and Natural Gas’ Petroleum Planning and Analysis Cell
Shell caught in legal battle over Sarawak gas supply dispute
Shell Malaysia, a fixture in Sarawak for 115 years, is entangled in a dispute between Petronas and state-owned Petroleum Sarawak Bhd (Petros) over control of gas distribution in the state
Eni invests $80mn to double gas output from Egypt's Noor Field by 2026
Italian energy group Eni will begin producing 100mn cubic feet per day of gas from the Noor concession offshore Egypt’s Mediterranean by mid-2026.
INPEX plans 2027 FID for Indonesia's Abadi LNG project, expansion of Ichthys
Japan’s INPEX announced last week that it is preparing to take a final investment decision on the Abadi LNG project offshore Indonesia by 2027. The company is also planning to expand its Ichthys LNG project offshore Australia.
Trump gives green light to restart LNG export permit approvals
The US LNG exports sector received long-awaited good news with the approval on February 14 of the first LNG export permit granted by President Donald Trump since his return to the White House.
Novatek acquires another carrier for Yamal LNG ship-to-ship transfers
Russia’s Yamal LNG project, operated by Novatek, has added another gas carrier to facilitate ship-to-ship transfers near the Arctic port of Murmansk.
Italian bank Intesa Sanpaolo, ADB withdraw from $10bn Papua LNG project due to pressure from green groups
Italy’s largest banking group, Intesa Sanpaolo, and the Asian Development Bank (ADB) have confirmed they will not provide financing for the $10bn Papua LNG project in Papua New Guinea
Japan’s Inpex targets 2027 for final investment decision on Indonesian LNG project
Japan’s largest oil and gas explorer, Inpex Corp, plans to make a final investment decision (FID) on its Abadi liquefied natural gas (LNG) project in Indonesia by 2027 as part of a broader strategy to expand LNG supply
SOCAR pens energy pact with India's MRPL, ONGC at India Energy Week
At India Energy Week 2025 last week, the State Oil Company of Azerbaijan Republic (SOCAR) and Mangalore Refinery and Petrochemicals Limited (MRPL) and Oil and Natural Gas Corporation Limited (ONGC) signed a non-binding memorandum of understanding
ADNOC Gas pens LNG supply deal with Indian Oil Corp
ADNOC Gas has signed a 14-year sales and purchase agreement (SPA) with state-owned Indian Oil Corporation for the supply of up to 1.2mn tonnes per annum (mtpa) of liquefied natural gas (LNG), the Abu Dhabi-based company said in a press release
First LNG at GTA project enhances energy security for West Africa's MSGBC region
The start of LNG production at the Greater Tortue Ahmeyim project in Senegal and Mauritania has signalled a new era of energy security and resource monetisation for the MSGBC region in West Africa.
Indian Gas Exchange, HPCL sign MoU to boost natural gas market in India
Indian Gas Exchange (IGX) and state-owned energy company Hindustan Petroleum Corporation Limited (HPCL) have signed a memorandum of understanding (MoU) to collaborate on enhancing the natural gas market in India, IGX announced in a press release.
Russian gas major Novatek ups profit 5% to $6bn in 2024
Russian natural gas major Novatek posted increase in net profit and revenues in 2024 despite sanctions against LNG projects.
TotalEnergies strikes 10-year LNG deal with India's GSPC
France’s TotalEnergies has signed a 10-year sale and purchase agreement with India’s Gujarat State Petroleum to supply 400,000 tonnes of LNG per year.
Taiwan considers Alaskan LNG to avoid US tariffs
Taiwan could become a buyer of LNG from Alaska in an effort to prevent the US from levying tariffs on the East Asian country.
Trinidad and Tobago reports surge in LNG export revenue
Trinidad and Tobago is reporting significant gains in LNG export revenue, with cargo prices reaching 15% to 55% above Henry Hub rates, according to Energy Minister Stuart Young.
South African ports manager Transnet, Dutch firm Vopak to build, operate nation's first LNG import terminal
Tanzania eyes wrapping up talks on stalled $42bn LNG project by June
Tanzania has its sights set on concluding talks over tax incentives with investors on the stalled Tanzania LNG project.
ADNOC signs 5-year LNG supply deal with Bharat Petroleum
Abu Dhabi National Oil Company has agreed to a 5-year LNG supply deal with India’s Bharat Petroleum.
ConocoPhillips plans production increase, $2bn in asset sales and $12.9bn capex
Oil major ConocoPhillips has said it aims to generate as much as $2bn through asset sales, a target largely expected to be met within the year. This follows its $22.5bn acquisition of Marathon Oil, which had been completed in November 2024.
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