Here is the latest LNG, oil, gas, power and energy news from around the globe.

News Desk @ Doha, Toronto, Islamabad & London.

Asia

Africa

  • Broader market analyses note Africa’s potential in future supply chains, but focus remains on ongoing projects like Mozambique’s Rovuma LNG without new updates today.

North America

South America

Europe

China

  • China has discharged a second LNG cargo from Russia’s sanctioned Arctic LNG 2 project, with the tanker departing a Chinese port after delivery, underscoring deepening Sino-Russian energy ties despite Western sanctions and potential US secondary measures. This shipment, totaling around 150,000 cubic meters, signals ongoing sanction evasion in LNG trade. Source: TradeWinds Article , gCaptain Article , and Reuters Article

Russia

  • Russia and China have agreed to advance the Power of Siberia 2 pipeline, potentially delivering up to 50 billion cubic meters of gas annually, but experts urge skepticism due to geopolitical risks, financing hurdles, and impacts on global LNG markets. This could redirect Russian gas eastward, curbing LNG export ambitions. Source: Hellenic Shipping News Article and Atlantic Council Analysis

Middle East

Australia

  • Chevron is expanding its natural gas operations in Australia, capitalizing on high global demand with investments in Gorgon and Wheatstone LNG projects, alongside US Gulf expansions, to drive production growth and meet Asia-Pacific needs. Source: Globe and Mail Press Release

Global/Overarching Developments

  • The global LNG market is poised for a multiyear supply glut starting in 2026, with supply exceeding demand through 2030, potentially slashing prices in Europe and Asia after years of tightness; BloombergNEF forecasts consistent oversupply from new US, Qatar, and Australian capacities. Source: Bloomberg Article , Nation Thailand Article , and Energy Connects

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