Natural gas news
Global supply shocks – not EU methane rules – are driving current market pressures
Follow-up Rystad analysis finds no evidence that the EU Methane Regulation is increasing energy security risks, with compliant supply available and exporters continuing to rely on European demand.
Hanwha Ocean signs MoU with Kanata Clean Power for proposed FLNG project in Canada
Hanwha Ocean Co., Ltd has entered into a non-binding memorandum of under-standing with Kanata Clean Power & Climate Technologies Corp. regarding the proposed development of Kanata LNG, a floating LNG export project planned for British Columbia, Canada.
Venture Global and EnBW announce new LNG purchase agreements
EnBW has signed new agreements for the purchase of approximately 0.82 million tpy of US LNG from Venture Global for approximately five years, commencing in 2026.
APSEZ secures contract for Argentina's first LNG export to India
Adani Ports and Special Economic Zone Ltd has secured a 10-year marine services contract for Argentina's first LNG export.
Eskom and Zululand Energy Terminal sign heads of agreement
Eskom and Zululand Energy Terminal have signed a heads of agreement to become a foundation customer at the proposed LNG import terminal in South Africa.
ECA LNG Phase 1 achieves first LNG production
Sempra Infrastructure’s ECA LNG Phase 1 liquefaction project in Ensenada, Mexico, has started producing LNG as part of the commissioning process toward commercial operations.
Centrica Energy agrees gas supply deal with Peyto Exploration & Development Corp.
Centrica Energy has signed a 10-year natural gas purchase agreement with Peyto Exploration & Development Corp., a leading Canadian natural gas producer.
Delfin Midstream announces FID for first FLNG vessel
Delfin Midstream Inc. has taken a final investment decision for the first floating LNG vessel of the Delfin LNG project under development in Louisiana and offshore in the Gulf of America.
Carnival Corp. completes Latin America’s first cruise ship LNG bunkering operation
Carnival Corp. has carried out Latin America and the Western Caribbean’s first LNG bunkering, refuelling the Carnival Jubilee in Honduras.
Wood Mackenzie models three global LNG market scenarios as Iran conflict removes 20% of global supply
New analysis from Wood Mackenzie examines how conflict over the Strait of Hormuz could reshape LNG supply, demand, and energy prices through 2045.