distribution

European Union's U.S. gas use set to soar, increasing price volatility

U.S. LNG exports saved Europe from a deeper gas crisis in 2022, but that growing reliance has created unease as the Trump administration hit trading partners, including the EU, with tariffs this year.

Russia's largest attack on Naftogaz deals critical damage to Ukraine’s gas production sites

Russia fired 35 missiles and 60 drones at facilities of state gas and oil company Naftogaz in the Kharkiv and Poltava regions overnight.

Hungary buys gas from France's Engie, diversifying supply from Russia

On Thursday, Hungarian natural gas wholesaler MVM CEEnergy agreed to buy 400 MMm3y of gas from Engie between 2028 and 2038. Given Hungary consumes around 8 Bm3y of gas a year, that would cover 5% of its demand.

Gas demand cut for second day at Venture Global Calcasieu LNG plant

The decline has contributed to an overall dip in U.S. feedgas demand to 15.8 Bft3 on Thursday, down from 15.9 Bft3 on Wednesday and > 16 Bft3 on Tuesday.

Eni signs off on second floating LNG unit offshore Mozambique

China National Petroleum Company (20%), Korea Gas Corporation (10%), Mozambican state-owned national oil company ENH (10%) and ADNOC's subsidiary XRG (10%).

LNG tankers diverted from Belgian terminal amid Greenpeace blockade

Belgium is the second-largest European importer of Russian LNG, receiving 2.3 MM metric t over the first eight months of the year, behind France's 4 MMt over the same period.

North Sea Midstream Partners receives first gas from Shell’s Victory Field

The startup of the Victory field marks the first new gas from the West of Shetland since 2017 and the first new gas field into the St Fergus Gas Terminal since the Martin Linge field in 2021.

Black Bayou wins regulatory approval for underground gas storage in Louisiana (U.S.)

The project, situated close to existing and planned liquefied natural gas (LNG) plants, accepted a certificate of public convenience and necessity from the Federal Energy Regulatory Commission (FERC) in August after a review by the regulator concluded there would be no significant impact on the environment.

Ukraine's Naftogaz gets €300-MM loan for gas purchases for winter

Naftogaz has stepped up efforts to secure additional funding to purchase sufficient gas to get Ukraine through winter after Russian strikes on production facilities cut domestic output by 40%.

KKR invests in ADNOC gas pipeline infrastructure in Middle East push

The transaction follows KKR's 2019 investment in ADNOC's oil pipeline network, a first for a foreign asset manager in Gulf energy infrastructure.

More cargoes from sanctioned Arctic LNG 2 project head east

The Christophe De Margerie and Voskhod LNG tankers are travelling north of Russia towards Asia via the Northern Sea Route.

Kremlin says intact section of Nord Stream gas pipelines could be quickly activated

The Nord Stream system consists of two double pipelines, Nord Stream 1 (NS1) and Nord Stream 2 (NS2), running under the Baltic Sea to Germany. Only one pipeline of the four, part of NS2, remained intact after the explosions in 2022.

Asian spot LNG prices decline on tepid demand, ample inventories

Asian spot liquefied natural gas (LNG) prices declined this week on lackluster demand and are expected to remain under pressure as ample inventories and stronger Chinese gas production limit interest in spot purchases.

French LNG supply disrupted by weeks-long strike

The blockade at three out of four of the country's terminals has reduced gas outflows from one of Europe's top gas buyers and lifted prices this week.

XRG completes Rio Grande LNG deal

Rio Grande LNG is one of the most ambitious LNG export infrastructure projects in the U.S. with approximately 48 MMtpy of potential liquefaction capacity currently under construction or in development, underscoring the role of the U.S. as a major energy exporter.

Bulgaria to suspend Russian gas transit for short-term contracts in 2026

The European Union initially planned to cut off imports of Russian gas by the end of 2027, which would end decades-old energy relations with a country that was once Europe's biggest gas supplier.

Australia's Woodside inks LNG supply deal with Turkey's BOTAS

The deal comes at a time when the U.S. potentially faces an oversupply of LNG in the next few years, although Woodside remains optimistic about the demand side for the commodity, projecting growth of 50% over the next decade.

Turkey signs 20-yr deal with Mercuria to buy U.S. gas

The new deal is one of several it has secured this month ahead of this year's expiry of at least 16 Bm3 worth of gas import deals with Russia.

Thailand set for record plunge in annual power output, LNG imports

Power generated and imported to supply the country of over 70 MM people fell 5.4% annually in the seven months through July, official data showed, nearly twice as steep as the 2.8% slump in January–July 2020 due to coronavirus-linked lockdowns.

Sri Lanka says no immediate LNG imports from India as infrastructure lags

India announced last year it would supply LNG to Sri Lanka’s power plants and work on cross-border energy connectivity, including a petroleum pipeline and power grid link.

Serbia to sign gas import deal with Russia in October

Srbijagas' Dusan Bajatovic said that Serbia has already arranged daily supplies of 2.5 MMm3 of gas from Azerbaijan and receives an additional 9.5 MMm3 daily from Russia.

Panama Canal engages industry players for the development of a natural gas pipeline

The pipeline, a cornerstone of the new interoceanic energy corridor, marks the first major development of this infrastructure platform.

Wärtsilä signs 15-yr service deal for three CLSICO LNG carriers

The deal, effective since August 2025, focuses on enhancing vessel reliability, extending overhaul intervals, and optimizing maintenance costs.

After Trump pressure, EU aims to bring forward Russian LNG import ban

An EU sanctions proposal kicks off intense discussions among the 27-member countries to reach an agreement.

Puerto Rico inks $4-B LNG contract with New Fortress Energy

The supply deal, which comes after talks for a much larger contract broke down in July, reduced the term to 7 yrs from 15 yrs - with the option to extend for an additional 3 yrs - and also eliminated exclusivity clauses.

Woodside Energy expects demand for LNG to grow 50% over next decade

The complex, the largest foreign investment in Louisiana's history, was the first U.S. LNG project to get the financial go-ahead after President Donald Trump returned to office in January and promised to unleash U.S. energy onto the world.

Canada, BC government approve Ksi Lisims LNG project on Pacific coast

The Canadian government under Prime Minister Mark Carney is aiming to accelerate the construction of natural resource projects to boost the economy and reduce potential impacts from U.S. tariffs.

China takes fourth cargo from sanctioned Arctic LNG 2 project

A fourth tanker carrying LNG from Russia's sanctioned Arctic LNG 2 project discharged its cargo at a Chinese port on September 14

DNV and HD Hyundai Heavy Industries sign MoU for optimized 200,000-m3 LNG carrier design

The new design aims to deliver improved operational efficiency and enhanced terminal compatibility compared to previous vessel designs.

Australia gives North West Shelf gas plant final approval to run until 2070

Government imposes 48 new rules to protect nearby ancient rock art Australia gave final approval on Friday for Woodside to operate the country's oldest and second-largest liquefied natural gas plant until 2070, while imposing 48 "strict" new rules in a bid to limit its environmental impact...