Asia

• India: Abu Dhabi National Oil Company (ADNOC) Gas has finalized a 15-year sales and purchase agreement (SPA) with Indian Oil Corporation (IOC), India’s largest integrated energy company, to supply liquefied natural gas (LNG). This long-term deal enhances energy security for India amid growing demand, solidifying UAE-India ties in the LNG sector. The agreement underscores ADNOC’s strategy to expand its global LNG portfolio while supporting India’s transition to cleaner fuels.
• Pakistan: Pakistan Strikes Oil in Sindh Province. Source: https://oilprice.com/Latest-Energy-News/World-News/Pakistan-Strikes-Oil-in-Sindh-Province.html
• South Korea: South Korea: Commodity trader Trafigura has agreed to supply 1.5 million tonnes per annum (mtpa) of LNG to Korea Gas Corporation (KOGAS) over a 10-year period starting in 2027. This deal diversifies South Korea’s LNG sources, reduces reliance on spot markets, and supports its energy transition goals amid high import needs for power generation and industry. Source: https://x.com/anasalhajji/status/1960430313311756527
• Indonesia: US-based engineering firm Baker Hughes has signed a long-term service agreement with BP for the Tangguh LNG plant in Papua Barat. This contract focuses on maintenance, operational support, and efficiency enhancements for the facility, which is a key exporter in Southeast Asia. The deal aims to ensure reliable production and minimize downtime, contributing to Indonesia’s position as a major LNG supplier. Click for more.

North America

• Canada: There is growing momentum for LNG development in Canada, with federal and provincial governments actively supporting projects. Two final investment decisions (FIDs) are expected within months for West Coast/BC projects, adding approximately 3.25 Bcf/d of incremental BC Montney natural gas demand for sales, plus internal usage. This includes ramps at LNG Canada, which has increased ship loadings from one every 10 days to one every 5 days, implying inflows rising from 400-450 MMcf/d to 700 MMcf/d. Additionally, Ottawa plans to announce new port infrastructure investments within two weeks to capitalize on LNG opportunities. Source: https://x.com/BubleQe/status/1960370182238749096
• United States: ConocoPhillips has boosted its commitment to U.S. LNG, focusing on expanded export capabilities amid rising global demand. This includes long-term supply agreements and infrastructure enhancements. Separately, U.S. natural gas prices fell 5% but LNG exports are projected to grow 10% annually through 2030. Record U.S. natural gas consumption is expected in 2025, supporting LNG export growth. The U.S. Department of Energy granted additional time for Lake Charles LNG to commence exports, with Delfin LNG extension potentially approved soon. Source: https://x.com/anasalhajji/status/1960430313311756527
• United States: Vitol’s former Asia LNG lead has joined ExxonMobil to head global LNG trading, signaling strategic shifts in talent amid expanding US export capacity. This move could enhance ExxonMobil’s market positioning as US LNG exports are projected to grow 10% annually through 2030. Source: https://www.reuters.com/business/energy/vitols-former-asia-lng-lead-joins-exxonmobil-head-global-lng-trading-2025-08-27/
• United States: US gas driller EQT is in talks with NextDecade for LNG supply from the Rio Grande LNG project, potentially adding to US export volumes and supporting domestic production amid falling natural gas prices. Source: https://financialpost.com/pmn/business-pmn/us-gas-driller-eqt-is-in-talks-with-nextdecade-for-lng-supply
• Mexico: Dubai-based Drydocks World has been awarded an engineering, procurement, and construction (EPC) contract by AMIGO LNG for the world’s largest floating LNG (FLNG) liquefaction facility. This project aims to enhance Mexico’s LNG export capacity, targeting markets in Asia and Latin America, with preliminary EPC activities valued at $550 million in a joint venture. A full-scale EPCIC contract is anticipated to follow. Source: https://lngjournal.com/index.php/latest-news-mainmenu-47/item/114232-scarborough-s-environmental-plan-approved

China

• China is set to extend its decline in LNG imports for the fourth straight month, driven by stabilized demand, high inventories, and shifts in energy policy favoring domestic sources and renewables. This reflects broader market dynamics where LNG faces competition from coal and other gases in terms of cost and security. Source: https://oilprice.com/Latest-Energy-News/World-News/China-Set-to-Extend-LNG-Import-Decline.html

Russia

• Russian President Vladimir Putin indicated discussions with the U.S. on possible cooperation in LNG, amid ongoing geopolitical tensions. This comes as Russia’s Ust-Luga LNG facilities remain offline, impacting loading capabilities. European imports of Russian LNG remain at record levels despite sanctions. Source: https://english.news.cn/europe/20250823/16d8e2d7f586499993538c311ac22fef/c.html

Australia

• The environmental plan for Woodside’s Scarborough LNG project has been approved, paving the way for development. This offshore project in Western Australia will boost export capacity, targeting Asian markets with expected production start in 2026. Source: https://lngjournal.com/index.php/latest-news-mainmenu-47/item/114232-scarborough-s-environmental-plan-approved