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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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Uzbekneftegaz to bore 105 wells with China National Petroleum Corporation subsidiary Xibu
Iran begins charging vessels to transit Strait of Hormuz through IRGC-controlled 'safe corridor'
Iran begins charging up to $2mn per vessel for passage through a new IRGC-controlled "safe corridor" in the Strait of Hormuz, with India, China, Pakistan and Iraq among countries negotiating access.
Pan American Energy ramps up Vaca Muerta output and advances LNG export project
Pan American Energy (PAE) plans to significantly increase oil and gas production in Argentina in 2026, backed by annual investments averaging $1.6bn, as the company expands operations in the Vaca Muerta shale formation.
QatarEnergy warns of potential force majeure on Korean LNG contracts
QatarEnergy may be forced to declare force majeure on long-term LNG contracts with several countries, including South Korea, as supply disruptions persist, according to a report citing the company’s chief executive.
Europe shifts to African LNG amid Middle East, Russia disruptions as Nigeria, Senegal boost supply
Latin America protects domestic markets as oil, gas prices rise
Mexican President Claudia Sheinbaum announced her government will apply fuel subsidies through reductions in the IEPS excise tax on both petrol and diesel as the Middle East conflict pushes up global oil prices and strains domestic fuel costs.
Canadian regulator projects long-term boom in domestic gas production
A new report from the Canada Energy Regulator sees gas production rising across all presented scenarios.
TotalEnergies to accelerate building of $20bn LNG project in Mozambique as Islamist insurgency ebbs
TotalEnergies has said the security situation in northern Mozambique has improved, thus the company will continue constructing its liquefied natural gas (LNG) project there.
Eni approves $5bn Indonesia gas projects
Italian energy group Eni has approved two major offshore gas developments in Indonesia that are expected to produce around 2bn standard cubic feet per day (cf/d) of natural gas, the company said on March 18.
Bangladesh turns to coal as LNG crunch deepens
Bangladesh has sharply increased coal-fired power generation this month as an acute LNG shortage disrupts gas-based electricity output, following supply constraints linked to the ongoing conflict in the Middle East.
Strikes on Iran gas fields could force Turkey to ramp up LNG imports
Damage to Iran’s Asaluyeh gas processing facility in Bushehr province and part of the South Pars complex, after an Israeli missile strike on March 18, risks disrupting pipeline supplies to Turkey, potentially forcing Ankara to raise LNG imports.
YPF to ramp up drilling rigs 50% in Argentina's Vaca Muerta
Argentine national oil company YPF has announced plans to increase drilling rigs in the Vaca Muerta shale formation from 12 to 18 units in 2026. This comes as the company looks to establish a $6bn investment programme for the year.
Pakistan warns of post-April LNG gap as supplies start to dry up
Pakistan’s Senate Standing Committee on Petroleum has been warned that the country could face difficulties meeting gas demand in the power sector after April 14, as imported LNG supplies are set to lapse.
Algeria boosts LNG exports as global supply disruptions reshape energy flows
Algeria’s liquefied natural gas (LNG) exports are surging amid escalating regional tensions and shipping constraints in the Strait of Hormuz
Bangladesh steps up LNG purchases as Asia feels tightening of supplies
Bangladesh is moving to secure additional LNG supplies from the spot market as part of the intensifying strain on global energy markets linked to the war in Iran and knock-on effects with supplies.
Japan’s JERA proposes LNG plant for Oahu as Tokyo grapples with energy strains
Japan’s largest power generation company has set out plans to develop a liquefied natural gas-fired plant on Oahu, positioning the project as a lower-cost alternative to oil-based generation.
Bangladesh approves emergency spot LNG purchases
Bangladesh has stepped up efforts to secure emergency energy supplies after a cabinet committee approved the purchase of two spot liquefied natural gas (LNG) cargoes from Aramco Trading Singapore.
Colombia, Venezuela launch working groups on security, trade, energy after postponing presidential summit
Venezuela and Colombia established four ministerial working groups on March 13 at Caracas's Miraflores Palace covering security, foreign relations, trade and energy following the cancellation of a planned summit
Venezuela ships first LPG tankers to Colombia across Simón Bolívar bridge, eyes pipeline restart
Venezuela dispatched its inaugural shipment of liquefied petroleum gas (LPG) to Colombia on March 13 via tanker trucks crossing the Simón Bolívar international bridge connecting San Antonio del Táchira to Cúcuta
Bangladesh could save $3bn in LNG imports with 1 GW solar expansion
Bangladesh could reduce its LNG import expenditure by nearly $3bn over the next 25 years if it develops 1 gigawatt (GW) of solar power capacity, according to a new analysis by the Institute for Energy Economics and Financial Analysis (IEEFA).
Damaged Russian LNG ship reported as still afloat
A Russian LNG carrier damaged in an apparent drone boat attack earlier this month is drifting in the central Mediterranean but remains afloat.
Another Russian Arc7 begins sea trials
Russia’s newest ice-class LNG carrier, the Arc7 tanker Konstantin Posyet, has likely begun sea trials.
Sempra's Vista Pacífico LNG project dies in Mexico after regulatory rejection, environmental opposition
Why Europe's gas price cap plan will backfire
Brussels is again considering a cap on gas prices to shield consumers from soaring energy costs, but the policy risks weakening Europe’s ability to attract LNG cargoes just as the bloc faces a difficult storage refill ahead of next winter.
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