Australian engineering firm Worley has signed a reimbursable engineering, procurement, and construction (EPC) contract for Venture Global’s CP2 LNG expansion project in Louisiana.
Singapore-based LNG trader Jera Global Markets, a joint venture of Japan’s Jera and France’s EDF, has recently delivered its first liquefied natural gas (LNG) cargo to Senegal.
Rystad Energy estimates that global liquefied natural gas (LNG) importers will spend at least $39 billion more on contracted and spot supplies in 2026, despite buying 60.7 million tonnes less, as more buyers turn to the spot market to replace volumes disrupted by the ongoing Middle East conflict.
Global LNG imports fell 4.4 percent year-on-year to 32.76 Mt in September, marking the seventh consecutive month of y-o-y decline, the Gas Exporting Countries Forum (GECF) said in its latest report.