LNG news in Europe

SNTGN Transgaz SA and Argent LNG, LLC have signed a memorandum of understanding, establishing a framework to explore a strategic equity investment by Transgaz in Argent LNG.

DEPA Commercial has completed the supply of 500 GWh of LNG to Bulgartransgaz at the Alexandroupolis FSRU.

Reganosa has secured contracts with state-owned operators in Poland, Ireland, and Germany, reinforcing its role in ensuring the security of Europe’s energy supply.

Uniper and Ksi Lisims LNG have signed an LNG sale and purchase agreement for 2 million tpy of LNG on an FOB basis for up to 20 years.

MT Group has been awarded a major construction contract by the Cobra IS/Sener consortium for the implementation of balance of plant infrastructure at the German LNG terminal.

Edison has received a further notice from QatarEnergy confirming the continuation of the force majeure event for an additional three LNG cargoes scheduled for the Adriatic LNG receiving terminal in Italy.

Eni has reached the final investment decision to develop the Cronos project, with the target to bring the first Cypriot gas to market in 2028.

Recent Wood Mackenzie’s analysis warns that European gas storage at a historically low level, combined with renewed Strait of Hormuz disruption, has driven spot prices more than 50% above their June lows and placed winter 2026/27 supply security at risk.

GAZ-SYSTEM has decided on the name of the first FSRU vessel to be located in the Gulf of Gdansk: Solidarity.

AB KN Energies has announced an additional invitation to submit requests for the allocation of 2027 Klaipeda LNG terminal capacities.