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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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Mexico sets record for US natural gas imports whilst reducing fuel purchases
Mexico registered record levels of natural gas imports from the United States during the first quarter of 2025, averaging 6.17bn cubic feet per day, a 5% increase compared to the same period in 2024, Bloomberg Línea reported.
Russia offers LNG supply and energy technology to Mexico
Russia has expressed readiness to supply liquefied natural gas to Mexico and share energy sector technologies, the Russian embassy in Mexico announced, Reuters reported.
Russia offers to supply LNG and energy technologies to Mexico
Concerns Trump could use Mexico’s energy dependence on US as leverage have caused the country to weigh gas imports from Russia.
Chandra Asri–Glencore JV Aster acquires PCS Condensate Splitter Unit to expand Singapore processing capacity
Aster Chemicals and Energy Pte Ltd, a joint venture between Indonesia’s PT Chandra Asri Pacific and Swiss commodities giant Glencore, has signed an agreement to acquire a 50% beneficial interest in the Condensate Splitter Unit (CSU)
Russian Novatek gas major launches Northern Sea Route shipments
Russian natural gas and liquefied natural gas producer Novatek dispatched its first LNG shipment of the 2025 season via the eastern sector of the Northern Sea Route on June 20.
Russia eyes LNG exports to Thailand
Russia wants to begin exports of LNG to Thailand, with discussions currently underway involving producers based in Sakhalin and the Arctic.
Iranian parliament decides to ‘close’ Strait of Hormuz following US strike
Tehran appears set to take steps to close the vital shipping lane, but it remains to be seen whether it can do it, and what impact this will have.
Russian natural gas major Novatek raises $350mn in dollar bonds
Russian natural gas major Novatek raised $350mn in US dollar bond placement, 50% above the initial guidance.
World Bank approves $640mn for Bangladesh to boost gas supply and combat air pollution
The World Bank has approved two new projects worth a total of $640mn to support Bangladesh in improving its gas supply and urban air quality, it said in a press release dated June 18.
EU ban on Russian gas imports will not apply to non-EU Western Balkans
A proposed EU ban on imports of Russian natural gas and LNG will not apply to non-EU Western Balkan countries, a European Commission spokesperson clarified on June 19.
Commonwealth LNG receives final go-ahead from FERC
Kimmeridge’s Commonwealth LNG has received a final order from the US Federal Energy Regulatory Commission (FERC), upholding the authorisation to build the Commonwealth liquefaction terminal.
INTERVIEW: The sustainability shift to LNG bunkering at Canadian ports
Larissa Fenn, vice-president of corporate affairs at HOPA Ports, speaks to us about the growth of LNG bunkering at Canadian ports.
Contractors await decision on key role for Mubadala Energy's Andaman Sea gas project
Major contractors are closely watching as Mubadala Energy prepares to announce the selected party for a pivotal role in its floating production, storage and offloading (FPSO) vessel that will serve as the core infrastructure for its large-scale gas
Woodside to supply LNG to Malaysia in 15-year deal with Petronas starting 2028
Australia’s Woodside Energy has reached a long-term agreement with a subsidiary of Malaysia’s state-owned energy firm Petronas to supply liquefied natural gas (LNG) to Malaysia beginning in 2028, the companies announced on June 18
Petronas and Eni push forward with Indonesia-Malaysia gas venture, signing expected by year-end
In a joint announcement, Eni stated that the deal would be subject to regulatory approvals from governments, relevant authorities, and project partners.
LNG market tightens following Israeli gas field closures
Israeli gas now accounts for up to 20% of Egyptian gas consumption, playing a central role in powering homes and energy-intensive industries.
Indian Oil to supply LNG for Andaman & Nicobar’s first gas-based power plant
Indian Oil Corporation (IOC) will supply liquefied natural gas (LNG) to Andaman & Nicobar Islands’ first gas-based power plant, which is being developed by NTPC
Guatemala seeks 1,500MW power capacity in tender, 700MW for LNG plants
Guatemala has issued a competitive tender seeking 1,500 megawatts of fresh power generation capacity as electricity demand rises, with approximately 700MW earmarked for liquefied natural gas-powered facilities
TotalEnergies expands Malaysian upstream portfolio with major offshore block acquisition
TotalEnergies SE has bolstered its upstream gas portfolio in Southeast Asia through a significant acquisition of offshore assets in Malaysia, under new agreements with state-owned oil firm Petroliam Nasional Bhd (Petronas)
Oil prices retreat as Tehran signals de-escalation
Crude benchmarks have fallen as Iranian seeks a ceasefire with Israel
Mexico’s energy security could be at risk amid record gas imports from the US
Mexico’s reliance on imported natural gas from the United States has reached unprecedented levels, raising serious concerns over its long-term energy security.
New IMO rules pose serious problems for sanctioned Russian shipping
The International Maritime Organisation’s adoption of its Net-Zero Framework in April has raised significant compliance hurdles for Russia’s shipping industry.
Murmansk LNG faces mounting challenges
ADNOC to make takeover bid of Australia’s Santos
The United Arab Emirates’ state-run Abu Dhabi National Oil Company will submit an all-cash AUD28.6bn takeover bid for Australian oil and gas producer Santos.
COMMENT: Israel-Iran conflict intensifies with limited macro fallout but mounting geopolitical risk
The recent escalation in hostilities between Israel and Iran has signalled a shift from earlier, more calibrated exchanges to a broader and more sustained confrontation.
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