Asia

• Pakistan announced plans to request deferment of 177 LNG cargoes from Qatar over the next five years, citing a substantial reduction in domestic gas consumption and a $5.6 billion contract burden; this move aims to alleviate financial pressures while managing oversupply risks in the Asian market.
• Japan and South Korea: Asian spot LNG prices for September delivery fell to $11.90 per million British thermal units (mmBtu), a ten-week low, due to weak demand and increased supply from new projects. Japan’s LNG demand continues to decline amid a shift to renewables.
• South Korea agreed to purchase 3.3 million tons of U.S. LNG annually for 10 years starting in 2028, under a long-term agreement signed between Trafigura and Korea Gas, enhancing energy ties between Asia and North America.
• Tokyo Gas is negotiating a 20-year deal for 1 million tonnes per annum of LNG from Venture Global’s CP2 plant in the U.S., intensifying competition in global LNG markets and positioning Venture Global as a leading exporter from North America to Asia.
• Baker Hughes secured a long-term service agreement with BP for the Tangguh LNG operations in Indonesia, providing maintenance for gas turbines and compressors to ensure reliable production and support Asia’s energy security.
• Petrovietnam Gas issued its first term supply tender for LNG shipments from 2027 to 2031, seeking reliable volumes to bolster Vietnam’s growing energy needs in Asia.

Middle East

• Dubai-based Drydocks World, a DP World subsidiary, secured an engineering, procurement, and construction (EPC) contract from AMIGO LNG to construct the world’s largest floating LNG (FLNG) liquefaction facility off Mexico’s coast, marking a significant advancement in North American export capabilities with potential implications for Latin American energy flows.
• Qatar signed a new 15-year long-term LNG supply agreement with Kuwait, its second such contract to support Kuwait’s power generation needs and ease regional energy strains in the Middle East.
• Iraq: BKP (Karpowership affiliate) launched a new power project with Iraq’s Ministry of Electricity, potentially involving LNG-to-power solutions for energy security. Source: https://www.lngindustry.com/liquid-natural-gas/25082025/bkp-launches-new-power-project-in-iraq/

Africa

• Nigeria: Nigeria LNG (NLNG) signed landmark 20-year gas supply agreements with six firms to secure the future of its Bonny Island plant, strengthening Nigeria’s position in the global LNG market. The deals involve 1.29 billion standard cubic feet per day of feedgas.
• Eni’s Nguya FLNG unit is prepared for deployment in Phase 2 of the Congo LNG project, located offshore the Republic of Congo, enhancing Africa’s LNG production capacity with a liquefaction capability of 2.4 million tonnes per annum from marine fields.
• South Africa: A court canceled the Orange Basin exploration permit, impacting potential LNG feed gas development amid environmental concerns and legal challenges.

North America

• United States: Sempra Infrastructure and ConocoPhillips signed a 20-year sale and purchase agreement for 4 million tonnes per annum (tpy) of LNG from the Port Arthur LNG Phase 2 project in Texas, boosting U.S. LNG export capacity.
• United States: Coastal Bend LNG initiated a front-end engineering design (FEED) study with Solvanic for carbon capture using electrochemically mediated amine regeneration at its Texas facility, aiming to reduce emissions.
• Bahamas: Nikkiso Clean Energy & Industrial Gases Group secured a contract to provide LNG regasification and cryogenic equipment for the New Providence gas project, supporting LNG-to-power initiatives.
• Canada: LNG Canada, a Shell-led venture, requested increased near-term export capacity, seen as “lean bullish” for AECO prices, with the project leveraging its geographic advantage for exports to Northeast Asia.
• Canada initiated discussions on supplying liquefied natural gas to German customers, aiming to capitalize on increasing demand within the European Union and strengthen transatlantic energy ties amid Europe’s diversification efforts away from Russian supplies.
• The U.S. Department of Energy granted extensions to two Gulf of Mexico LNG export projects—Lake Charles LNG and another unnamed facility—providing additional time for construction and operations amid growing domestic production and export ambitions in North America.
• A consortium including ONEOK, MPLX LP, Whitewater, and Enbridge announced the Eiger Express natural gas pipeline project in the Permian Basin, designed to transport up to 1.5 billion cubic feet per day to meet rising demand from LNG exports and AI data centers in North America.
• U.S. and Russian officials held discussions on energy deals alongside Ukraine peace talks, including the potential return of ExxonMobil to Sakhalin-1, sales of American LNG technology to Russia, and purchases of Russian icebreakers, highlighting geopolitical intersections in Russia and North America.
• Natural gas flows to Cheniere’s Corpus Christi LNG plant in the U.S. were reduced today, potentially impacting export volumes from North America.
• United States: FERC reauthorized and extended the commissioning deadline for Glenfarne’s Texas LNG project, approving the construction schedule to facilitate timely startup and exports from Brownsville, targeting 4 MTPA capacity.
• United States: US LNG exports are set to nearly double to 21.5 Bcf/d by 2030, driving shale gas growth in Haynesville, Permian, and Appalachia basins, with new pipelines essential for demand. Source: https://pgjonline.com/news/2025/august/us-lng-exports-set-to-double-by-2030-driving-shale-gas-growth
• Canada: Prime Minister Mark Carney announced imminent new port infrastructure investments within two weeks to tap “enormous” LNG opportunities, emphasizing exports to Europe and Asia. Source: https://www.cp24.com/news/canada/2025/08/26/touting-enormous-lng-opportunities-carney-says-canada-to-unveil-new-port-infrastructure-investments-within-two-weeks/
  

South America

• Brazil: Furui Energy Service launched Brazil’s first bio-LNG project, marking a significant step in the country’s decarbonization efforts. A kick-off meeting was held to initiate the project.
• Brazil: Crowley’s fourth Avance Class vessel, Torogoz, began its maiden commercial voyage from Port Everglades, Florida, to Central America, enhancing LNG transport capabilities.

Europe:

• United Kingdom: Centrica, in partnership with Energy Capital Partners, acquired the Grain LNG terminal from National Grid for £1.5 billion, strengthening Europe’s LNG import infrastructure.
• Germany: Van Oord’s trailing suction hopper dredger, Vox Ariane, completed its first bio-LNG bunkering on the Elbe, advancing sustainable maritime operations.
• Cyprus: The government is engaged in damage limitation efforts over the Vasiliko LNG terminal project, addressing delays and challenges.
• EU: EU LNG imports from Russia reached a record 17.8 million tonnes in 2024, despite sanctions, highlighting continued reliance on Russian gas.
• Saipem completed the conversion of the Scarabeo 5 semi-submersible drilling unit into an FLNG facility, supporting global advancements in floating liquefaction technology without specifying a particular region but with broad implications for offshore developments.
• Dutch terminals continued as top destinations for U.S. LNG exports in June, underscoring Europe’s reliance on American supplies for energy diversification.

Australia

• Australia’s energy sector advanced with the Barossa LNG project nearing start-up and an FPSO weeks away from first gas, boosting production capacity in the region.