Gas processing news

The US exported approximately 0.3 billion ft3/d of LNG to destinations in the Caribbean in 2025, according to the US Department of Energy’s LNG Exports and Re-Exports Details.

JERA Co., Inc. has signed a memorandum of understanding with Korea Gas Corp. with the aim of strengthening energy security in Japan and the Republic of Korea.

The IEA offers commentary on how recent conflict in the Middle East has impacted global oil markets, with particular focus on the disruption in the Strait of Hormuz and LNG supply.

Gas supply disruption from the Middle East conflict will drive sustained volatility in European power markets, with TTF prices above €50/MWh passing through to electricity prices across major markets, according to Wood Mackenzie analysis.

SIAD Group has announced the construction of a new manufacturing facility for compressors in Seriate, Bergamo, Italy, with a planned investment of €18 million, scheduled for completion by mid-2026.

The US Energy Information Administration (EIA) has published its latest Short-Term Energy Outlook (STEO).

Glenfarne’s Texas LNG Brownsville LLC and Kiewit Energy Group Inc. have announced the execution of an EPC agreement under a lump-sum turnkey contract structure.

Wood Mackenzie warns Middle East conflict threatens 200 million tpy of Asian LNG demand growth over next decade as Qatar declares force majeure on shipments.

US developers signed sale and purchase agreements for 40 million tpy of LNG in 2025 from planned export facilities, according to US Department of Energy and company website data compiled by the US Energy Information Administration.

Venture Global, Inc. and Trafigura have announced the execution of an agreement for the purchase of approximately 0.5 million tpy of US LNG for five years commencing in 2026.