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Thursday, 01 October 2026

China urges LNG buyers to curb resales ahead of winter

China’s National Energy Administration (NEA) has urged state LNG buyers – CNOOC, CNPC, Sinopec and PetroChina – to stop LNG resales through the remainder of 2026 and into early 2027,…
Thursday, 01 October 2026

INPEX snaps up JERA’s Ichthys stake, blocks MidOcean

Japan’s INPEX has exercised its pre‑emptive rights to buy JERA’s stake in the Ichthys LNG project in Australia, blocking JERA’s deal with MidOcean Energy to keep control of its flagship…
Thursday, 01 October 2026

Intercontinental Exchange adds LNG, power derivatives

The Intercontinental Exchange (ICE) has launched new options on the Japan-Korea Marker (JKM) liquefied natural gas benchmark, LNG balance-of-month freight futures and UK base electricity options. The contracts give energy…
Thursday, 01 October 2026

New Caspian gas supply from 2029 to ease Turkey’s LNG dependence

TotalEnergies, SOCAR and Abu Dhabi’s XRG have taken a final investment decision on the full development of Azerbaijan’s offshore Absheron field, securing up to 6 bcm/y of new Caspian gas…
Thursday, 01 October 2026

Edison will not receive Qatari LNG until early December

Italian utility Edison has confirmed that QatarEnergy will not deliver LNG cargoes to its Adriatic regasification terminal until the beginning of December 2026.
Thursday, 01 October 2026

Total sees LNG sales rise 50%, confirms oil & gas production target

French major TotalEnergies on Monday confirmed its target to grow oil and gas production by around 3% a year through 2030, predominantly driven by LNG. Projects in Namibia, Nigeria, Libya,…
Thursday, 01 October 2026

US LNG arbitrage points to Europe, affects vessel availability

The arbitrage for U.S. LNG cargoes is now favouring deliveries to Europe over northeast Asia, according to Spark Commodities, as shipping costs and regional price spreads render Atlantic-to-Pacific deliveries uneconomic…
Thursday, 01 October 2026

LNG helps EU power sector hit 80% zero-carbon by 2030

Europe’s power sector will cross the 80% zero-carbon generation threshold by 2030 but slower offshore wind deployment will keep gas-fired generation higher than previously forecast, creating a need for LNG…
Thursday, 01 October 2026

US arbitrage reverses

As of the final week of September, the arbitrage for US LNG cargoes has effectively reversed, favouring deliveries to Europe over northeast Asia. Shippers have to pay record fees for…
Thursday, 01 October 2026

Shell, partners approve LNG Canada Phase 2

Shell – and its partners PETRONAS, PetroChina, Mitsubishi and KOGAS – have taken a final investment decision (FID) on the second phase of LNG Canada, approving a C$33 billion expansion…
Thursday, 01 October 2026

Tecnimont signs FEED contract for Argent LNG

Tecnimont USA has signed a Front‑End Engineering Design (FEED) contract with Argent LNG for the developer’s 25 mtpa export facility at Port Fourchon, Louisiana. First cargo is targeted for 2030.
Thursday, 01 October 2026

CLdN orders LNG-fuelled vessels from Hyundai HI

Luxembourg-based shortsea operator CLdN has ordered two LNG-fuelled RoRo vessels from the South Korean shipyard Hyundai Heavy Industries, with delivery scheduled for mid‑2029.
Thursday, 17 September 2026

Shell warns of 36 mtpa Middle East LNG shortfall

Shell estimates the war involving Iran has removed 36 mtpa shortfall of LNG supply from the Middle East, President for Integrated Gas Cedric Cremers said at the Gastech trade show…
Thursday, 17 September 2026

Power crunch forces Bangladesh to pay dearly for third FSRU

Bangladesh has approved in principle a proposal by China National Energy Engineering & Construction Co (CNEE) to build and operate the country's third floating LNG import terminal, despite the Chinese…
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News Nudges

US arbitrage reverses

As of the final week of September, the arbitrage for US LNG cargoes has effectively reversed, favouring deliveries to Europe over northeast Asia. Shippers have to pay record fees for Panama Canal transits, which is encouraging flexible cargoes from the US Gulf Coast to discharge in northwest Europe instead of Asia, shortening average voyage distances and increasing vessel availability in the Atlantic basin. Reduced tonne-mile demand, in turn, puts downward pressure on spot rates as well as forward freight rates. Fourth-quarter LNG freight rates were last seen about $53,000/day, the second-lowest Q4-level on record. The US Gulf to European Continent freight rate at the Baltic Exchange (BLNG2), defined as a delivery from Sabine Pass to the UK-Continent/Isle of Grain, increased from $24,700/day to $32,400/day. By comparison, the BLNG3 rate for US Gulf Coast deliveries to Japan climbed from $51,900/day to $66,000/day as per market close on September 25.