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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

  • Pakistan: BB Energy Acquires Majority Stake in Euro Gas, Boosting Pakistan’s LNG Market.
  • Pakistan: OGDCL Reports Gas, Condensate Discovery in Sindh. OGDCL discovered gas and condensate at Bitrism East-1, Khairpur, Sindh, with potential production of 22.5 MMSCFD and 690 barrels/day.
  • Pakistan: IMF Rejection Jeopardizes $7B Refinery Upgrade Project. The IMF’s refusal to approve Pakistan’s proposals for sales tax exemptions on petroleum products has put the $6–7 billion refinery upgrade at significant risk.
  • Pakistan: Mari Energies Acquires 65% Stake and Operatorship of Peshawar Block.
  • Pakistan: Govt Hikes Petrol, Diesel Prices; LPG Rates Cut for October.
  • South Korea: Posco International launched an LNG bunkering project at Gwangyang terminal, aiming for completion by Q3 2026 to supply LNG to vessels. This supports Korea’s push for cleaner marine fuels amid rising regional demand. Source: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2737575-south-korea-s-posco-launches-lng-bunkering-project
  • India: GAIL issued a tender for an LNG cargo delivery in October, reflecting ongoing efforts to secure spot supplies amid fluctuating global prices and domestic demand growth. Source: https://www.reuters.com/world/india/indias-gail-seeks-lng-cargo-oct-delivery-sources-2023-09-21/
  • India: India’s OIL finds gas in Andaman Basin.

China

Africa

North America

Europe

  • European Imports of Russian LNG Bring €8.10bn to Moscow, Report Finds. Between 2022 and 2024, European imports of Russian LNG contributed about €8.10 billion in taxes to the Kremlin.
  • European gas companies have pumped 52.3 billion cubic meters of gas into EU underground gas storage facilities.
  • Belgium: Ongoing Blockade at Zeebrugge LNG Terminal Protest European Gas Imports from Russia and US. Greenpeace Belgium and activists from 17 countries are blockading the Zeebrugge LNG terminal, protesting Europe’s dependency on US and Russian gas imports.
  • France: French LNG supply disrupted by strikes at Elengy terminals, with force majeure declared until October 2; impacts limited by Norwegian flows. Source: https://www.reuters.com/sustainability/sustainable-finance-reporting/strike-prompts-force-majeure-three-french-lng-terminals-2025-09-26/
  • Spain: Málaga Port Conducts First Bio-LNG Bunkering to MSC Vessel. On September 24, Málaga supplied 3,000 cubic metres of bio-LNG to MSC vessel Avenir Aspiration. 
  • United Kingdom: Drone sightings near LNG terminals, raising security concerns linked to Russia’s shadow fleet. Source: X thread by @SimonDPolitics.
  • United Kingdom: BAR Technologies and Union Maritime Gain Approval for Dual-Fuel LNG Tankers with WAPS.
  • Norway: TotalEnergies Sells Stakes in Mature Norwegian Shelf Fields to Vår and Orlen. French giant TotalEnergies divested its interests in Norway to Vår Energi and Poland’s Orlen.

Russia

Middle East

  • Qatar: Exxon-Qatar JV seeks US permission to re-export LNG from October 1 at Golden Pass. Source: https://www.reuters.com/business/energy/exxon-qatarenergy-jv-asks-us-regulators-permission-re-export-lng-october-1-2025-07-02/ (update on progress).
  • Saudi Arabia: Perma-Pipe Expands Operations in Saudi Arabia. Perma-Pipe received technical and commercial approval from Saudi Aramco, allowing it to expand its presence in the kingdom’s oil and gas sector. 
  • Saudi Arabia: Saudi Arabia and Kuwait accelerate Dorra Gas Field Development & Strategic Oil/Gas Projects.
  • Iraq: Iraq has resumed oil exports to Turkey, after periods of disruption.
  • UAE: KKR Invests in ADNO Gas Pipeline Assets. Investment firm KKR acquired a minority stake in ADNO Gas Pipeline Assets to deepen its partnership in critical energy infrastructure.
  • Rystad Looks at Gaza Peace Plan & Oil Market Sentiment. Rystad Energy highlights ongoing geopolitical risks in oil markets amid talks of a peace plan in Gaza, with Arab countries showing support for the plan. Volatility is expected to remain in the region, affecting oil price trends.
  • Gas Demand to Rise 3.5% in Middle East in 2026. Middle East accounts for 30% of global oil and 18% of global gas production, almost 25% of LNG supplies.

Australia/New Zealand

Trending

Discover more from PakESDA

Subscribe now to keep reading and get access to the full archive.

Continue reading

Discover more from PakESDA

Subscribe now to keep reading and get access to the full archive.

Continue reading