Global LNG demand is increasing

Since the outbreak of the conflict in Ukraine, European and Asian countries more than most have recognized that they must reduce reliance on any one region or country’s supply of energy including natural gas.

Natural gas is both a transition and a destination fuel. Natural gas and LNG are essential for the energy transition as they play an instrumental role in shifting away from coal and moving toward net-zero emissions. As the transition evolves, natural gas will remain vital in providing reliable and efficient energy to support economies in different parts of the world including Australia and all of Asia.

The re-drawing of global energy supply maps is pushing natural gas and LNG demand to new heights and spurring new off-take contracting and other activities and opportunities for companies like Gulf Energy, for example:

• The global LNG supply-demand balance is unlikely to be substantially altered by the announcement of a two-week ceasefire between the US and Iran, because of expected continued uncertainty over shipping insurance, security and production facilities. Just under 1.2mn t of LNG across 15 carriers remains trapped west of the strait of Hormuz, data from vessel tracker Kpler show (see table). One vessel, the 155,000m³ Gaslog Skagen, has delivered to Kuwait's 24mn t/yr Al Zour LNG import terminal three times since the war in the Middle East began, and is charting a course for Al Zour at present. (Argus Media, 9 April 2026)

• Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, reached first production of LNG from Train 1 at the export project in Sabine Pass, Tex. With first LNG completed, the joint venture advances work to deliver its first cargo, achieve sustained liquefaction operations, and meet its commercial and strategic objectives. (Oil & Gas Journal, 31 March 2026)

• A newly proposed liquefied natural gas project on Alaska’s North Slope is exploring whether sanctioned equipment originally built for Russia’s Arctic LNG 2 development could be repurposed – highlighting both the opportunities and geopolitical hurdles shaping the next phase of Arctic energy. (gCaptain Daily, 30 March 2026)

• Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has marked a major milestone towards full operations of its LNG production and export facilities by achieving first LNG production from the first of 3 LNG trains comprising the 18 million tons per annum project. (Qatar Energy, 30 March 2026)

• Business leaders are warning that the United States lacks the infrastructure to alleviate a global LNG shortage caused by the US-Israel war on Iran, which has kept a fifth of the world's energy supplies from leaving the Gulf. US President Donald Trump's commitment to fossil fuels has been typified by his "Drill, baby, drill" mantra and policies that have sidelined renewable energy. (The Mountineer, 27 March 2026)

• Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies. (Rigzone, 27 March 2026)

• In a report sent to Rigzone by the Standard Chartered team late Wednesday, Standard Chartered Bank Energy Research Head Emily Ashford warned that, in the company’s view, “the marked escalation in the U.S.-Iran conflict over the past week puts all energy assets and infrastructure in the region at risk”. (Rigzone, 27 March 2026)

• US liquefied natural gas remains the cornerstone of global energy security as geopolitical disruptions continue to expose vulnerabilities in gas supply chains, particularly for markets reliant on spot pricing, executives from Freeport LNG and Excelerate Energy said. Speaking at CERAWeek by S&P Global on Mar. 25, Michael Smith, chairman, chief executive officer, founder, Freeport LNG, said US gas exports have become essential to Europe since the disruption of Russian pipeline supplies. (Oil & Gas Journal, 27 March 2026)

• Supply disruptions linked to the US-Israeli war on Iran could delay construction of liquefied natural gas projects slated for development in the US, Freeport LNG CEO Michael Smith said on Wednesday at the CERAWeek energy conference in Houston. The US is the world’s largest LNG exporter and has more new capacity under construction than any other country. (Baird Maritime, 26 March 2026)

• Idemitsu Kosan Co Ltd said it is venturing into the liquefied natural gas (LNG) business with a $500 million investment in EIG's MidOcean Energy. (Rigzone, 26 March 2026)

• Elevated LNG costs from the US-Iran war could price out developing countries once seen as key sources of future demand growth from being able to afford supplies, LNG executives said this week. (Argus Media, 26 March 2026)

• With Qatar’s liquefied natural gas shipments taken offline from the Iran war, Houston-based Cheniere Energy has become the world’s leading LNG exporter and CEO Jack Fusco said he is literally answering phone calls of “Help!” from Asia as a potential supply crisis begins to unfold. (Yahoo Finance, 26 March 2026)

• Business leaders are warning that the United States lacks the infrastructure to alleviate a global LNG shortage caused by the US-Israel war on Iran, which has kept a fifth of the world's energy supplies from leaving the Gulf. US President Donald Trump's commitment to fossil fuels has been typified by his "Drill, baby, drill" mantra and policies that have sidelined renewable energy. (The Mountineer, 26 March 2026)

• JERA Co Inc has signed a deal with Dunkerque LNG SAS allowing the Japanese company to regasify up to about 1.5 million metric tons per annum (MMtpa) of liquefied natural gas or 2 billion cubic meters (70.63 billion cubic feet) of gas equivalent per year at the terminal in the namesake French coastal city. (Rigzone, 25 March 2026)

• Since the ignition of the conflict between the U.S. and Israel on one side and Iran on the other, the global markets have been on tenterhooks, as fears continue to grow over the impact the hostilities will have not just on the Middle East region but also the world at large, especially in terms of economy, energy security, and global supply chains, affecting all offshore energy and maritime realms across the globe, albeit to different degrees. (Offshore Energy, 25 March 2026)

• Given the reported damage and shutdowns impacting liquefied natural gas (LNG) assets, refineries, fuel terminals, and gas-to-liquids facilities across the Middle East region amid the military conflict between the U.S.-Israel alliance and Iran, Rystad Energy, an energy market intelligence group, estimates that the Gulf energy infrastructure has the potential to be saddled with $25 billion in repair costs. (Offshore Energy, 25 March 2026)

• Idemitsu Kosan Co Ltd said it is venturing into the liquefied natural gas (LNG) business with a $500 million investment in EIG's MidOcean Energy. "The investment marks the first step in our full-scale entry into the LNG business", the Japanese energy company said in an online statement. (Rigzone, 25 March 2026)

• Given the reported damage and shutdowns impacting liquefied natural gas (LNG) assets, refineries, fuel terminals, and gas-to-liquids facilities across the Middle East region amid the military conflict between the U.S.-Israel alliance and Iran, Rystad Energy, an energy market intelligence group, estimates that the Gulf energy infrastructure has the potential to be saddled with $25 billion in repair costs. (Offshore Energy, 25 March 2026)

• Since the ignition of the conflict between the U.S. and Israel on one side and Iran on the other, the global markets have been on tenterhooks, as fears continue to grow over the impact the hostilities will have not just on the Middle East region but also the world at large, especially in terms of economy, energy security, and global supply chains, affecting all offshore energy and maritime realms across the globe, albeit to different degrees. (Offshore Energy, 25 March 2026)

• Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has secured the go-ahead for the permanent operation of an energy terminal in Mukran with two floating storage and regasification units (FSRUs) using onboard gas generators. (Offshore Energy, 24 March 2026)

• Venture Global Inc has signed a deal to supply 1.5 million metric tons per annum (MMtpa) of liquefied natural gas (LNG) over 5 years to commodities trader Vitol Group. (Rigzone, 24 March 2026)

• In a statement posted on its website recently, QatarEnergy said it expects the damage to its Ras Laffan Industrial City caused by missile strikes to cost about $20 billion a year in lost revenue and to take up to five years to repair. (Rigzone, 23 March 2026)

• Following the U.S. and Israel’s launch of a military campaign against Iran, which sparked the latest Middle East crisis, Iran closed the Strait of Hormuz, which caused QatarEnergy to halt LNG production and associated products at some of its assets, and followed the move with a declaration of force majeure to its LNG buyers. (Offshore Energy, 23 March 2026)

• Prime Minister Anthony Albanese has asked Australia’s Treasury to look into imposing a windfall tax on the country’s vast liquefied natural gas industry, to capitalize on soaring prices of the fuel.  (Rigzone, 21 March 2026)

• Gas Malaysia, a Malaysian natural gas provider, is all set to proceed with the development of a liquefied natural gas (LNG) regasification terminal project in Yan, Kedah. (Offshore Energy, 20 March 2026)

• With instability and vulnerabilities looming across global markets and power systems in the wake of the U.S. and Israeli attack on Iran, South Asia’s planned multibillion-dollar liquefied natural gas (LNG) infrastructure expansion is exposed to economic and energy security risks, according to Global Energy Monitor’s Asia Gas Tracker, a provider of comprehensive dataset of gas infrastructure across East Asia, South Asia, and Southeast Asia. (Offshore Energy, 20 March 2026)

• Missile attacks on Qatar’s Ras Laffan Industrial City on Mar. 18 have deepened concern over damage to critical gas infrastructure and sharply worsened the global gas and LNG market outlook, according to Wood Mackenzie analysis. Qatari LNG production has been shut down since early March, removing about 80 million tonne/year (tpy) of supply from the market, or roughly 19% of global LNG supply. The Mar. 18 strike damaged the Pearl GTL plant and a subsequent attack damaged LNG infrastructure, although the full extent of the impact remains under assessment. (Oil & Gas Journal, 20 March 2026)

• Attacks on Iran’s key energy assets, including the South Pars gas field, have heightened fears of prolonged conflict, impacting regional security, energy trade routes, and global energy markets. (Oil & Gas Journal, 20 March 2026)

• Tokyo-based Idemitsu Kosan is setting the stage for full-scale entry into the liquefied natural gas (LNG) business with its multimillion-dollar investment in MidOcean Energy, an LNG player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG). (Offshore Energy, 20 March 2026)

• Iran’s South Pars gas field was hit on Wednesday (March 18) in the first reported strikes on Iran’s offshore energy infrastructure stemming from the conflict in the Middle East.  The attack prompted the government in Tehran to announce it would respond with attacks on oil and gas targets throughout the Gulf. Oil prices shot up after the attack, a major escalation in a war that has already ‌halted shipping from the world’s most important energy-producing region and could now bring lasting damage to its infrastructure. Benchmark Brent crude prices rose around 5% to above $108/bbl. (Offshore Magazine, 19 March 2026)

• The benchmark price of oil ultimately ended the day higher as escalating attacks in the Persian Gulf caused long-term damage to major energy facilities. Natural gas jumped. (Rigzone, 19 March 2026)

• Woodside Energy Group Ltd on Wednesday announced  a new chief executive in Elizabeth Westcott, who has already been serving in that capacity since late last year on an interim basis. The Australian liquefied natural gas-focused producer picked from within its ranks to replace Meg O’Neill, whom BP named CEO and successor for the resigned Murray Auchincloss on December 17, 2025. O’Neill is scheduled to take over at BP next month. (Rigzone, 19 March 2026)

• Eni SPA will develop deep water gas hubs in Indonesia. The operator has taken final investment decisions(FIDs) for the Gendalo and Gandang gas project (South Hub) and for the Geng North and Gehem fields (North Hub) offshore East Kalimantan. Gendalo and Gandang development includes drilling seven producing wells and installing deep‑water subsea production systems tied back to the Jangkrik floating production unit (FPU). The development lies in in 1,000–1,800 m of water. (Oil & Gas Journal, 19 March 2026)

• President Donald Trump pressed for a de-escalation of attacks on Middle East energy assets after Iranian and Israeli strikes on major gas hubs jolted global markets. (Rigzone, 18 March 2026)

• Iran set a massive natural gas field in the United Arab Emirates ablaze as it steps up attacks on key energy sites, while US President Donald Trump appealed to allies and the likes of China to help reopen the Strait of Hormuz. The drone attack on the Shah field, close to the UAE's border with Saudi Arabia, marks the first time Iran has damaged an oil or gas upstream facility in the country during the war. The UAE government said operations were suspended and that there no injuries at the field, jointly operated by Abu Dhabi National Oil Co. and Texas-based Occidental Petroleum Corp. (Rigzone, 17 March 2026)

• Azule Energy, BP PLC and Eni SpA's 50-50 joint venture in Angola has begun producing natural gas in the Quiluma shallow-water field, which has an initial capacity of 150 million cubic feet a day (MMcfd). Quiluma, the Central African country's first non-associated gas project, is expected to ramp up production to up to 330 MMcfd by year-end, BP and ENI said in separate press releases on Tuesday. Output is treated at an onshore processing facility and then delivered to the Angola LNG plant for export. (Rigzone, 17 March 2026)

• Venture Global Inc has made a final investment decision (FID) to proceed with the second phase of the CP2 LNG project in Cameron Parish, Louisiana, whose phase 1 is still under construction. Concurrently, the Arlington, Virginia-based developer said it has sealed $8.6 billion in financing for phase 2, which, according to Venture Global, would make the company the biggest exporter of United States liquefied natural gas (LNG). (Rigzone, 17 March 2026)

• In its latest short-term energy outlook (STEO), the U.S. Energy Information Administration (EIA) noted that “reductions in the flow of liquified natural gas (LNG) through the Strait of Hormuz have caused natural gas prices in Europe and Asia to increase” but added that it expects U.S. natural gas prices “to be relatively unaffected by this development”. (Rigzone, 17 March 2026)

• Greece is positioning itself as a key gas hub for central and southeastern Europe as the continent moves toward a full phaseout of Russian energy, Prime Minister Kyriakos Mitsotakis said. The country has shifted from “a country which was sitting on the periphery of the European energy system into a core player when it comes to southeastern Europe,” Mitsotakis said at a Bloomberg event in Athens. (Financial Post, 17 March 2026)

• Japan’s petroleum refiner Idemitsu Kosan has committed $500 million to LNG investment company MidOcean Energy as part of MidOcean’s equity raise of $1.2 billion, as the Japanese refining giant is looking to enter the global LNG business on a full-scale basis. (OilPrice.com, 17 March 2026)

• The current helium supply shock exemplifies the extreme fragility inherent in critical materials markets, where single facility disruptions can cascade into global price crises. Unlike petroleum reserves or mineral stockpiles, which can buffer supply interruptions, helium's atomic properties create a fundamentally different risk profile that reached critical levels in 2026. (Discovery Alert, 17 March 2026)

• Global demand for liquefied natural gas is estimated to rise by 54-68% by 2040 and 45-85% by 2050 from 422 million metric tons in 2025, boosted by growing Asian appetite for the fuel, Shell (SHEL.L), opens new tab, the world's ​biggest LNG trader, said on Monday. (Reuters, 17 March 2026)

• Asian utilities are boosting coal-fired power generation to cut costs and safeguard energy supply, industry officials said. This comes as the US-Israeli war on Iran chokes liquefied natural gas (LNG) shipments, and soaring prices threaten to suppress LNG demand. (The Business Times, 17 March 2026)

• US Energy Secretary Chris Wright Mar. 13 authorized an immediate 13% increase in LNG exports at Venture Global’s Plaquemines plant in Louisiana to help blunt the surge in global natural gas prices following US military strikes on Iran. (Oil & Gas Journal, 17 March 2026)

• Chris Wright, U.S. Secretary of Energy, has authorized an immediate 13% increase in exports at Venture Global’s Plaquemines LNG terminal in Louisiana, allowing additional exports of up to 0.45 billion cubic feet per day (bcf/d) of U.S. natural gas as LNG to non-free trade agreement (FTA) countries. (Offshore Energy, 16 March 2026)

• Interest in the Alaska LNG export project has spiked since the war in the Middle East choked 20% of global LNG supply and sent Asian buyers scrambling for expensive spot cargoes.  (OilPrice.com, 16 March 2026)

• The United States Department of Energy (DOE) has granted Venture Global Inc authorization to raise exports from its Plaquemines LNG facility in Louisiana to non-FTA countries by 0.45 billion cubic feet per day (Bcfpd) of gas equivalent, or 13 percent. (Rigzone, 16 March 2026)

• Asia is the biggest market for liquefied natural gas. Asia is also the destination of up to 90% of Qatari and Emirati LNG—or was, until this month. With the shutdown of Qatar’s Ras Laffan LNG complex and the Strait of Hormuz traffic disruption, Asia is facing a lot of energy supply pain. (OilPrice.com, 15 March 2026)

• Japan's industry minister Ryosei Akazawa on Saturday asked Australia, Japan's biggest supplier of liquefied natural ​gas, to boost output in light of the Middle ‌East crisis. Japan relies on the Middle East for around 11% of its LNG imports, with 6% shipped via the Strait of Hormuz, ​which is effectively closed due to the U.S.-Israeli war on ​Iran. Japan also depends on the region for ⁠about 95% of its crude oil supplies. (Reuters, 14 March 2026)

• MidOcean Energy has agreed to acquire JERA Co. Inc.’s 0.417% interest in the Chevron Corp.-operated Gorgon LNG project, increasing its stake to 1.417%. (Oil & Gas Journal, 13 March 2026)

• Asian buyers of liquefied natural gas (LNG) are preparing for the war in the Middle East to disrupt deliveries for months, as a prolonged outage at the world’s largest export plant threatens tighter supply and higher prices. Companies in Thailand are looking to buy LNG cargoes for delivery till May, according to traders with knowledge of the matter. (Business Times, 12 March 2026)

• The Czech Republic is in talks with the United States for the supply of 1.5 billion cubic metres of liquefied natural gas, the industry minister was quoted as saying on Thursday by Hospodarske Noviny. (Global Banking & Finance Review, 12 March 2026)

• Qatar on Tuesday assured the European Union that the Gulf state remains a "reliable energy supplier" amid the ongoing war in the Middle East. That was according to a brief online statement by the European Commission about a meeting between its director-general for energy, Ditte Juul-Jorgensen, and Qatari Energy Minister Saad Sherida Al-Kaabi. (Rigzone, 11 March 2026)

• The suspension of LNG production in Qatar is likely to offset most of the projected surplus of liquefied natural gas for the current year. This forecast was made by the Morgan Stanley banking holding company, according to Bloomberg. According to Morgan Stanley analysts, any continuation of disruptions to LNG supplies from Qatar for more than a month will quickly lead to a shortage. Before the escalation of the conflict in the Middle East, Morgan Stanley predicted that the global LNG market, with a volume of approximately 420 million tons per year in 2026, would face a surplus of up to 6 million tons amid the launch of new projects in the US and other countries. (GMK Center, 9 March 2026)

• Argentina signed its first long-term LNG export agreement through Southern Energy SA’s (SESA) contract with Securing Energy for Europe GmbH (SEFE), committing 2 million tonnes/year (tpy) of LNG for an 8-year term with deliveries starting in late 2027. (Oil & Gas Journal, 7 March 2026)

• Argentina signed its first long-term LNG export agreement through Southern Energy SA’s (SESA) contract with Securing Energy for Europe GmbH (SEFE), committing 2 million tonnes/year (tpy) of LNG for an 8-year term with deliveries starting in late 2027. (Oil & Gas Journal, 7 March 2026)

• The Port Arthur and Corpus Christi LNG facilities in Texas helped lift offtake agreements last year. The future is uncertain, however, as Japan restarts its nuclear energy program, displacing gas imports. (Industrial Info Resources, 4 March 2026)

• The US Department of Energy on Feb. 26 granted approval to Cheniere Energy Inc. to expand exports from its Corpus Christi LNG plant. The new authorization permits additional imports of up to 470,000 Mcf/d (12%) to non-Free Trade Agreement countries from Trains 8 and 9 of the Corpus Christi Stage 3 project, also known as Corpus Christi Liquefaction (CCL) Midscale 8-9. The order brings total export authorization to 4.45 bcfd, making the plant the US’s second-largest LNG export project. (Oil & Gas Journal, 3 March 2026)

• Despite initial market volatility, oil storage levels and pre-positioned supplies have mitigated immediate price shocks. However, ongoing tensions and insurance issues continue to threaten the stability of global energy markets and present opportunities for US LNG exports. (Oil & Gas Journal, 3 March 2026)

• Qatar’s national energy company, QatarEnergy, announced on March 2 that it suspended liquified natural gas (LNG) production “due to military attacks” on its main facilities. QatarEnergy also reportedly declared force majeure, legally allowing the company to skip contracted deliveries without penalty. Energy prices soared, with gasoil futures experiencing their largest single-day increase in four years. (FFD, 3 March 2026)

• Venture Global Inc. chief executive officer Mike Sabel said Mar. 2 that the company’s fleet of owned and leased ships gives it an edge in an LNG market rattled by the latest US and Israeli strikes on Iran. Sabel spoke after Venture Global reported fourth-quarter net earnings of nearly $1.2 billion on more than $4.4 billion in revenues, but the focus of a substantial part of his conversation with analysts was on the weekend’s conflict in the Middle East. (Oil & Gas Journal, 3 March 2026)

• QatarEnergy has suspended work on its the North Field Expansion (NFE) project due to the US-Iran conflict in the Persian Gulf that began on February 28, 2026. The suspension of the NFE project is part of a cessation of LNG production at Qatar’s Ras Laffan and Mesaieed industrial cities following targeted Iranian drone strikes on these facilities. (Offshore Magazine, 3 March 2026)

• Following a 40% surge on Monday, Europe's benchmark natural gas prices soared by another 30% at opening on Tuesday as the halt of LNG production in Qatar, the world's second-largest LNG exporter, roiled global gas markets and put energy security in Asia and Europe at risk. The front-month Dutch TTF Natural Gas Futures, the benchmark for Europe's gas trading, jumped by 34% at opening before paring some gains, but they were still 26% higher since Monday's close as of 8:30 a.m. in Amsterdam on Tuesday. (OilPrice.com, 3 March 2026)

• Crude oil prices surged following coordinated US and Israeli strikes on Iranian military targets on Feb. 28, heightening geopolitical tensions and fueling concerns over potential supply disruptions through the Strait of Hormuz, one of the world’s most critical energy chokepoints. Iran retaliated with missile and drone attacks against US bases and regional allies, further amplifying market uncertainty. (Oil & Gas Journal, 3 March 2026)

• The US Department of Energy on Feb. 26 granted approval to Cheniere Energy Inc. to expand exports from its Corpus Christi LNG plant. The new authorization permits additional imports of up to 470,000 Mcf/d (12%) to non-Free Trade Agreement countries from Trains 8 and 9 of the Corpus Christi Stage 3 project, also known as Corpus Christi Liquefaction (CCL) Midscale 8-9. The order brings total export authorization to 4.45 bcfd, making the plant the US’s second-largest LNG export project. (Oil & Gas Journal, 3 March 2026)

• Naftogaz Group has secured the services of another terminal, this time in Lithuania, for the import of liquefied natural gas (LNG) into Ukraine. Lithuania's state-owned integrated energy services provider Ignitis Group signed a deal to deliver a cargo of United States-produced LNG amounting to 90 million cubic meters (3.18 billion cubic feet) to Ukraine's state-owned integrated energy company Naftogaz. (Rigzone, 3 March 2026)

• QatarEnergy has suspended liquefied natural gas (LNG) production following a drone attack, straining the global LNG market. On Monday, Iranian drones struck two sites, according to Qatar’s Ministry of Defence: a water tank at a power plant in Mesaieed Industrial City and an energy facility in Ras Laffan belonging to QatarEnergy, the world’s largest LNG producer. (Al Jazeera, 2 March 2026)

• Venture Global, Inc. (NYSE: VG) and Trafigura announced the execution of a new, binding agreement for the purchase of approximately 0.5 million tonnes per annum (MTPA) of U.S. liquefied natural gas (LNG) from Venture Global for five years commencing in 2026. This mid-term agreement offers greater flexibility to customers in the global LNG market and provides greater diversification for Venture Global’s LNG portfolio. (Venture Global, 2 March 2026)

• Glenfarne Group LLC subsidiary Glenfarne Alaska LNG LLC, majority owner and developer of the Alaska LNG project, signed a letter of intent with TotalEnergies for long-term LNG offtake. The preliminary agreement calls for Glenfarne to supply TotalEnergies with 2 million tonnes/year (tpy) of LNG from Alaska LNG for 20 years, subject to a positive final investment decision on the project. (Oil & Gas Journal, 28 February 2026)

• Oil and gas tankers are increasingly avoiding the Strait of Hormuz, the shipping lane that links the oil-rich Persian Gulf to the open seas, after the US and Israel bombed Iran. A large number of vessels are holding outside the waterway, while some already transiting have turned back. (Rigzone, 28 February 2026)

• Venture Global Inc signed a 20-year deal to sell 1.5 million metric tons per annum (MMtpa) of United States liquefied natural gas (LNG) to Hanwha Aerospace Co Ltd. (Rigzone, 27 March 2026)

• Glenfarne Group LLC has executed a letter of intent with TotalEnergies SE for the French energy giant to buy 2 million metric tons per annum (MMtpa) of liquefied natural gas over 20 years from the under-development Alaska LNG. (Rigzone, 27 February 2026)

• Cheniere Energy Inc. subsidiary Cheniere Marketing International LLP agreed to a long-term LNG supply deal with state-owned oil and gas company CPC Corp., Taiwan. Under the sales and purchase agreement, CPC has will purchase up to 1.2 million tonnes/year (tpy) of LNG on a delivered basis from 2026 through 2050 with a purchase price indexed to Henry Hub, plus a fixed fee. (Oil & Gas Journal, 27 February 2026)

• QatarEnergy has let a contract to Technip Energies related to the onshore North Field West (NFW) project. Technip Energies will provide engineering, procurement, construction, and commissioning (EPCC) services related to two LNG trains, each with a capacity of 8 million tonnes/year (tpy). The trains will replicate the two under construction by Technip Energies and Consolidated Contractors Co. (CCC) for the North Field South (NFS) project. (Oil & Gas Journal, 26 February 2026)

• Cheniere Energy, Inc. has celebrated the 10th anniversary of its first export cargo of LNG. On 24 February 2016, Cheniere loaded the Asia Vision with LNG produced at its Sabine Pass Liquefaction terminal in Cameron Parish, Louisiana. The Cheniere-chartered vessel departed the terminal at 7:25 p.m. local time, ushering in a new era for Cheniere, as well as for domestic and global energy markets, marking the first commercial LNG cargo exported from the US lower 48 states. (LNG Industry, 26 February 2026)

• Naftogaz Group is set to receive liquefied natural gas (LNG) via a terminal in Germany for the first time, opening up a new route for the import of gas into Ukraine, the Ukrainian state-owned integrated energy company said Monday. (Rigzone, 24 February 2026)

• Indonesia’s government has granted INPEX Masela environmental approval for the Abadi LNG project offshore/onshore eastern Indonesia. The approval is based on the Environmental and Social Impact Assessment. Work continues on Front-End Engineering and Design. (Offshore Magazine, 24 February 2026)

• Gujarat State Petroleum Corp (GSPC) has finalized a 10-year deal to buy 0.5 million metric tons per annum (MMtpa) of liquefied natural gas (LNG) from German power and natural gas utility Uniper SE. Deliveries are scheduled to start January 2028 and would be received at LNG terminals on the west coast of India. (Rigzone, 23 February 2026)

• Inpex Masela, a joint venture between Inpex and the Japan Organization for Metals and Energy Security (JOGMEC), has received environmental approval for the Abadi LNG project from the government of Indonesia based on the environmental and social impact assessment. (Offshore Energy, 20 February 2026)

• Santos has executed a binding term sheet with the South Australian government for the long-term supply of gas to support the transformation of the Whyalla Steelworks into a low-emissions green iron facility, subject to certain conditions. The ten-year term is for 20PJ of gas per year delivered ex-Moomba, with the first gas starting from March 1, 2030, coinciding with the expiry of the company’s Horizon contract with the GLNG joint venture. (Offshore Energy, 20 February 2026)

• MISC, Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services, has signed on the dotted line with ExxonMobil PNG (EMPNG), a subsidiary of the U.S.-based energy giant ExxonMobil, for a new floating storage and offloading (FSO) unit, which is destined to work at a liquefied natural gas (LNG) project located in Papua New Guinea, Oceania. (Offshore Energy, 19 February 2026)

• New Zealand’s Ministry of Business, Innovation and Employment (MBIE) has selected Australia’s engineering company Worley as client engineer and technical advisor for the development of the country’s liquefied natural gas (LNG) import terminal. (Offshore Energy, 18 February 2026)

• LNG buyers are adapting procurement strategies in response to shifting global energy dynamics, according to a new study by McKinsey & Company. The 2025 LNG Buyers’ Survey, the biennial survey of 41 companies across 17 countries, reveals that flexibility, supply diversification, and balanced contract structures are now top priorities as the LNG market evolves from a period of sharp price spikes to one of relative balance. (Oil & Gas Journal, 5 February 2026)

• Qatar’s state-owned oil and gas giant QatarEnergy has sealed long-term liquefied natural gas (LNG) deals with Malaysia’s Petronas, Japan’s Ministry of Economy, Trade and Industry (METI), and JERA, the country’s largest power generation company. (Offshore Energy, 4 February 2026)

• Commonwealth LNG (“Commonwealth”) today announced the signing of an LNG Sale and Purchase Agreement (“LNG SPA”) with Mercuria Energy Trading S.A. (“Mercuria Trading”) to provide 1 million tonnes per annum (Mtpa) of LNG for 20 years from the Commonwealth LNG export facility in Cameron, Louisiana and a Gas Supply Agreement (“GSA”) with Mercuria Americas (together with Mercuria Trading, “Mercuria”) for the supply of a corresponding quantity of natural gas to Commonwealth. Mercuria is one of the world’s largest independent energy and commodities traders. (Commonwealth LNG, 3 February 2026)

• JERA Co., Inc. (“JERA”), a global energy leader and Japan’s largest power generation company, today announced the signing of a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with QatarEnergy to secure the supply of 3.0 million tonnes per annum (MTPA) for 27 years, with deliveries expected to commence in 2028. (Jera, 3 February 2026)

• Wood Mackenzie notes that building constraints and emissions rules are tightening the ordering window, with more than 650 LNG carriers required by 2040

• Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has offered insight into its agreement with Worley Field Services, an affiliate of Australia’s engineering company Worley, for a second segment of its LNG export project in Louisiana, United States. (Offshore Energy, 3 February 2026)

• France’s energy giant TotalEnergies has hit the reset button for the construction of a multibillion-dollar liquefied natural gas (LNG) development off the coast of Mozambique. The reignition comes almost five years after the project was put on ice, with force majeure declared in April 2021. (Offshore Energy, 29 January 2026)

• India’s state-owned energy giant Oil and Natural Gas Limited (ONGC) has pooled resources with Petronet LNG Limited (PLL) to strengthen the country’s liquefied natural gas (LNG) value chain.‍ ‍ONGC signed a master regasification agreement (MRA) with Petronet LNG to enable spot LNG cargo unloading and regasification at the Dahej terminal on January 27, 2026. (Offshore Energy, 28 January 2026)

• Oil major Shell (SHEL.L), and Japanese conglomerate Mitsubishi Corp (8058.T), are exploring sale options for their respective stakes in the C$40 billion ($28.8 billion) LNG Canada project. (Reuters, 17 January 2026)

• Singapore has opened applications for new licenses to supply liquefied natural gas (LNG) as a marine fuel at the Port of Singapore. (Rigzone, 16 January 2026)

• Texas LNG Brownsville LLC, part of Glenfarne Group LLC, has signed a definitive 20-year agreement with RWE Supply & Trading for the supply of 1 million tonnes/year (tpy) of LNG from the 4-million tpy Texas LNG export plant to be constructed in the Port of Brownsville, Tex. (Oil & Gas Journal, 16 January 2026)

• JERA Co Inc and Woodside Energy Group Ltd have finalized an agreement for the Australian company to export liquefied natural gas (LNG) to the Japanese power utility in the winter months for five years. (Rigzone, 15 January 2026)

• Saudi Aramco (2223.SE), and Commonwealth LNG have signed a long-term contract for the U.S. LNG developer to supply the world's largest oil exporter with 1 million metric tonnes per annum (mtpa). (Reuters, 15 January 2026)

• MidOcean Energy LLC, a liquefied natural gas company founded by EIG, is in talks to join Argentina's signature LNG venture, according to people familiar with the matter. The $20 billion project led by state-run YPF SA and Italy's Eni SpA envisages construction of at least two floating liquefaction vessels with annual capacity for 12 million tons off Argentina's Atlantic coast. (Rigzone, 15 January 2026)

• Mozambican President Daniel Chapo expects TotalEnergies SE’s $20 billion liquefied natural gas project to restart as early as this month, reviving a potentially key revenue source for the cash-strapped government. (Rigzone, 15 January 2026)

• RWE Supply & Trading, and Texas LNG Brownsville LLC, part of Glenfarne Group, LLC (Glenfarne), have signed a 20-year sales and purchase agreement for one million tonnes per annum (MTPA) of liquefied natural gas (LNG). This corresponds to approximately 13 cargoes of LNG and approximately 1.4 billion cubic meters (BCM) per year of natural gas respectively.  (RWE, 15 January 2025)

• Gulf Development Public Company Ltd has signed a long-term LNG sales and purchase agreement (SPA) with ENGIE. This 15-year strategic partnership is designed to reinforce Thailand's energy supply chain and ensure long-term stability for the Thailand’s power sector. (LNG Industry, 14 January 2026)

• Coastal Bend LNG has let a contract to KBR Inc. and Técnicas Reunidas for the front-end engineering and design (FEED) of its planned 22.5 million tonnes/year (tpy) natural gas liquefaction and export plant on the Texas Gulf Coast. (Oil & Gas Journal, 14 January 2026)

• Woodside Energy Group Ltd. received the floating production unit (FPU) at Scarborough gas field 375 km off the coast of Karratha, Western Australia. The FPU will process gas at the field. The unit is about 70,000 tonnes and completed its journey from China to Australia after being towed more than 4,000 nautical miles. (Oil & Gas Journal, 14 January 2026)

• Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has set the wheels in motion to secure a new deal for its liquefied natural gas (LNG) export development in Alaska by signing a non-binding letter of intent (LOI) with Donlin Gold, the developer of a mine with the same name owned by NOVAGOLD RESOURCES and Paulson Advisers. (Offshore Energy, 8 January 2026)

• Commonwealth LNG main contractor Technip Energies NV has tapped Honeywell International Inc for integrated liquefied natural gas pretreatment and liquefaction solutions for the Louisiana project. (Rigzone, 8 January 2026)

• QatarEnergy said Sunday it had signed a deal with Egyptian Natural Gas Holding Co to supply up to 24 cargos of liquefied natural gas (LNG) to the North African country for summer 2026. (Rigzone, 5 January 2026)

• Natural gas is set to drive Africa’s next energy growth phase, with sub-Saharan Africa—rather than traditional hubs like Egypt and Algeria—expected to deliver most of the continent’s future gas and LNG expansion. LNG exports from sub-Saharan Africa are forecast to jump ~175% by 2034. Reforms and major FIDs are unlocking investment, with Nigeria securing over $8 billion in gas project approvals, Mozambique restarting stalled mega-projects, and Tanzania moving closer to a final investment decision that could reshape its economy. (OilPrice.com, 3 January 2026)

• U.S. liquefied natural gas exports set new records in 2025 as new capacity came online and existing terminals ran at high utilization, pushing annual shipments past levels previously thought years away. Preliminary data from LSEG show the United States exported 111 million metric tons of LNG last year, making it the first country to surpass the 100-million-ton threshold in a single year. That volume puts U.S. exports nearly 20 million tons ahead of Qatar and about 23 million tons above 2024 levels, reinforcing the country’s position as the world’s largest LNG supplier. (OilPrice.com, 2 January 2026)

• Russia’s Novatek exported 21 cargoes of liquefied natural gas to China from its Arctic LNG 2 facility last year, data from Kpler cited by Reuters has shown. Arctic LNG 2 is under EU and U.S. sanctions. (OilPrice.com, 2 January 2026)

• With energy security still at the forefront, several liquefied natural gas (LNG) projects have been given the green light to proceed to production mode across the globe, with the United States (U.S.) running the show. As a result, 2025 marked the start of the next wave of LNG projects that are anticipated to enrich the global energy mix. (Offshore Energy, 1 January 2026)

• See past activities and opportunities for companies like Gulf Energy below: