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LNG news updates

IGU and Snam release 2026 Global Gas Report

Global gas demand reached a record 4202 billion m3 in 2025, while investment in diversification, LNG infrastructure, and storage helped the global gas system absorb a major 2026 supply shock far more effectively than in 2022, according to the 2026 Global Gas Report by Snam and the IGU.

 

GLNG acquires Meridian CSG project

Santos has entered into a binding agreement to acquire a 30% interest in the Meridian CSG project as part of a sale to the GLNG joint venture partners and has completed the sale of its interest in the Mahalo joint venture.

White & Case advises consortium of banks on US financing for LNG-to-power project in the Dominican Republic

White & Case LLP has advised Citibank, N.A. and JPMorgan Chase Bank, N.A. as joint lead arrangers, joint bookrunners, and joint structuring agents, as well as IDB Invest, Corporación Andina de Fomento, and the other mandated lead arrangers and senior lenders, on the US$902.3 million senior secured limited recourse project financing for the Manzanillo LNG-to-power project in the Dominican Republic.


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Summit LNG supplying up to 550 million ft3/d

Summit LNG Terminal has started send out of approximately 110 million ft3/d of regasified LNG to Bangladesh’s national gas grid following the arrival of an LNG carrier to Moheshkhali on 14 August.

 

First Nations to lead Kino Aski LNG project

Kino Aski Inc. and Marinvest Energy Canada Inc. have announced the joint development of Kino Aski LNG, a First Nations-led energy corridor and LNG project designed to supply Europe with competitive, low-carbon Canadian energy.

 
 
 
 
 

XRG announces entry into Venezuela

XRG has announced its entry into Venezuela through the award of the offshore Loran licence by the Bolivarian Republic of Venezuela, and the transfer of interest in the license by PDVsA Gas.

 

Argentina LNG applies for RIGI approval

Argentina LNG has submitted its application to join Argentina’s Large Investment Incentive Regime for the development of its integrated LNG production and export project, with a total investment of US$51 billions throughout the life of the project.