Top 5 news of the week December 1-7

LNG Prime brings you the five most popular news stories on our platform during the week of December 1-7, 2025.

1) UK-based LNG giant Shell decided not to participate in the 10 mtpa phase of the YPF-led Argentina LNG project for which it signed a project development agreement in December 2024, a Shell spokesperson confirmed to LNG Prime on Thursday. However, Shell continues to see Argentina as a “potentially attractive growth market for LNG export.”

2) A 2003-built steam liquefied natural gas (LNG) carrier, owned by Seapeak, has been sold for demolition, according to brokers.

3) Glenfarne’s Texas LNG, the developer of the planned 4 mtpa LNG export terminal in the port of Brownsville, has signed a 20-year sales and purchase deal with a unit of Macquarie.

4) Turkiye’s state-owned natural gas and LNG firm Botas has signed 10-year deals to buy LNG from Italian energy firm Eni and German gas importer SEFE.

5) US LNG exporting giant Cheniere is seeking authorization from the US FERC to increase the LNG production capacity of nine midscale trains at its Corpus Christi LNG plant in Texas.

Most Popular

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

Atlantic LNG rates continue to increase

Atlantic spot LNG shipping rates rose for the third week in a row, rising $5,250 week-on-week to $25,250 per day, according to Spark Commodities.

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