Gas processing news

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.

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.

Coastal Bend LNG has selected KBR, Inc. and Técnicas Reunidas for the FEED of its planned natural gas liquefaction and export facility along the Texas Gulf Coast.

In 2025, the wholesale US natural gas spot price at the national benchmark Henry Hub in Louisiana averaged US$3.52 per million Btu, based on data from LSEG Data, the EIA has reported.

Woodside and BOTAS have signed a sale and purchase agreement for the long-term supply of LNG.

PETRONAS has entered into a sale and purchase agreement with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd for the supply of 1 million tpy of LNG.

Baker Hughes has announced that it has received a Full Notice To Proceed from Technip Energies on behalf of Commonwealth LNG to supply primary liquefaction equipment for Commonwealth LNG’s 9.5 million tpy export facility currently under construction in the US.