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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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Eneos Xplora acquires 10% stake in Malaysia’s Petronas MLNG Tiga project
Japan’s Eneos Xplora has purchased a 10% stake in Petronas’ Malaysia LNG Tiga project.
Philippines' MGEN income climbs 51% on energy shift
Meralco PowerGen Corporation (MGEN), the electricity production arm of the Philippines' largest power distributor, reported its core net income rose 51% year-on-year to PHP5.1bn ($104mn) in the first quarter of 2026.
Russian central bank advises Chinese reinsurance for LNG cargoes to China
Russia’s central bank has advised major insurers to consider reinsuring LNG cargoes and LNG carrier shipments to China through a leading Chinese provider.
Damaged Russian LNG tanker finally anchored at Libyan coast
The LNG carrier Arctic Metagaz has been brought to anchor off the Libyan coast after drifting for nearly two months in the central Mediterranean following an explosion caused by a Ukrainian drone strike.
Nigeria LNG directs all LPG output to domestic market as demand rises
Nigeria LNG Limited (NLNG) is directing all its liquefied petroleum gas (LPG) production to the domestic market as rising cooking gas demand strains supply
Nigeria strengthens gas push as regulator and NLNG deepen industry collaboration
Nigeria’s upstream regulator and leading gas producer have signalled stronger coordination to expand domestic supply and boost investor confidence under the government’s gas-driven strategy
Three US potential buyers emerge for Shell’s LNG Canada stake
Three US investment firms have expressed interest in acquiring a portion of Shell’s share in LNG Canada.
Woodside’s Louisiana LNG faces curbed interest from buyers amid high fees
Higher-than-average liquefaction fees have created a suppressed market among LNG purchasers for supply from Louisiana LNG.
Apollo-managed funds to buy 40% stake in Pembina Gas Infrastructure
Global alternative asset manager Apollo announced last week that certain funds it manages had agreed to acquire a 40% stake in Canada’s Pembina Gas Infrastructure (PGI) from funds managed by KKR.
Shell to buy Canada’s ARC Resources in $16.4bn deal
Shell has agreed to buy Canada’s ARC Resources in a deal with an enterprise value of $16.4bn.
Argentina awards LNG pipeline contract to Italian-led group in $530mn bid
Argentina has selected a consortium led by Italy’s Sicim alongside local firm Víctor Contreras to build a key gas pipeline for its first liquefied natural gas project, after submitting the most competitive bid valued at $530mn
Albania, US firms sign $6bn LNG deal to boost Balkan energy security
Albania signed a 20-year agreement with AKTOR Group’s US subsidiary to import liquefied natural gas.
Europe buys the most Russian LNG in history, just as first bans on imports come into effect
Despite threatening to end Russian LNG imports completely next year, prompting the Kremlin to threaten to cut off gas exports to Europe before then, the EU just imported the most LNG in history as it slides into an expanding gas crisis.
Camuzzi and Vitol sign MoU for LNG project at La Plata port
Argentina’s Camuzzi Gas Inversora has signed a memorandum of understanding with commodities trader Vitol to advance the LNG del Plata project, a liquefied natural gas facility planned at the Port of La Plata.
Bangladesh targets third LNG terminal as gas import disruption fuels power cuts
Bangladesh currently operates two floating storage and regasification units anchored off Moheshkhali in the Bay of Bengal near Cox’s Bazar in the south of the country. These terminals form the backbone of Bangladesh’s LNG import system.
Cameroon awards five offshore blocks in oil and gas licensing round to boost exploration and production
Cameroon’s national oil company SNH has announced results from its 2025 oil and gas licensing round, awarding five of the nine auctioned offshore exploration and production blocks.
Argentina secures LNG cargo from Naturgy to reinforce winter gas supply
Argentina has awarded a LNG cargo to Spain’s Naturgy Aprovisionamientos to replenish supplies at its Escobar floating storage and regasification unit (FSRU), as authorities prepare for higher energy demand during colder months
Argentina and Eni advance LNG export project as Venezuela boosts gas output plans
Italy’s Eni is advancing a major liquefied natural gas (LNG) project in Argentina alongside state-run YPF while also pushing to increase gas production in Venezuela, highlighting its growing role in Latin America’s energy sector.
Bosnia, Croatia sign gas pipeline deal despite civil society backlash
Southern Interconnection intended to boost energy security and reduce reliance on Russian gas, but civil society groups warn it risks locking the region into fossil fuel dependence.
UAE LNG vessel passes through the Strait of Hormuz
A UAE-flagged LNG tanker appears to have completed the first loaded cargo transit through the Strait of Hormuz since the outbreak of the US-Israel-Iran war on February 28.
Egypt allocates $10.7bn for gas imports in FY 2026/27, up 26% y/y, as global prices grow
Egypt has earmarked around $10.7bn to secure its natural gas and liquefied natural gas (LNG) needs for FY 2026/27, which starts in July 2026, up 26% year-on-year.
Taiwan says oil, gas stockpiles sufficient despite Middle East tensions
Taiwan’s crude oil and LNG inventories remain stable and comfortably above statutory thresholds, authorities in Taipei say as they seek to reassure markets over the resilience of the nation’s energy supplies.
Golden Pass LNG ships first cargo to Belgium
Golden Pass LNG, the joint venture between QatarEnergy and ExxonMobil has shipped its first cargo.
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