Gas processing

JERA Co., Inc. has announced the signing of a long-term LNG sale and purchase agreement with QatarEnergy to secure the supply of 3 million tpy for 27 years.

New Zealand’s Energy Minister, Simon Watts, has said the government will contract to build an LNG import facility to strengthen New Zealand’s energy security and support economic growth.

PETRONAS has signed a 20-year LNG sale and purchase agreement with QatarEnergy.

IGS has been awarded a contract by a major GCC LNG producer to deliver corrosion mitigation and pipe upgrades for finger slug catcher systems at one of its largest facilities.

TECNIMONT (MAIRE) and Baker Hughes have signed a Memorandum of Understanding to collaborate on prospective modularised, scalable LNG projects.

VTTI and Höegh Evi have announced the launch of the open season for Zeeland Energy Terminal (ZET), marking an important next step in the development of new LNG import infrastructure for the Netherlands.

TotalEnergies and the Republic of Mozambique have announced the full restart of Mozambique LNG project activities.

The newly-launched North American LNG Export Tracker from the Institute for Energy Economics and Financial Analysis visually tells the story of the LNG boom across the continent, export destinations, and the impact on consumers.

XRG will increase its overall participation in Rio Grande by acquiring additional 7.6% equity interests in Trains 4 and 5 of the Rio Grande LNG project, Texas, US, from an acquisition vehicle of Global Infrastructure Partners.

Brunei Energy Services & Trading and Vitol have announced the extension of their LNG sale and purchase agreement.

The IEA has predicted that rapid expansion of LNG supply, mostly from North America, is expected to reduce market pressures at a time of heightened geopolitical uncertainty.

Research by the IEEFA shows the EU’s rising reliance on US LNG has created a potentially high-risk geopolitical dependency and could cause it to miss its gas demand reduction commitments.

ADNOC Gas plc and its subsidiaries have announced the signing of a sales and purchase agreement valued at between US$2.5 - 3 billion for a period of 10 years with Hindustan Petroleum Corp. Ltd.

A wave of new LNG supply could reverse a decade of European industrial decline, cutting annual energy costs by €39 billion by 2032 according to Wood Mackenzie's latest Horizons report.

EIA expects that the US benchmark natural gas spot price at the Henry Hub to decrease about 2% to just under US$3.50 per million Btu in 2026 before rising sharply in 2027 to just under US$4.60 million Btu.