LNG Prime brings you the five most popular news stories on our platform during the week of March 2-8, 2026.
1) UK-based energy giant BP is seeking between $3.7 billion and potentially in excess of $6 billion in damages from US LNG exporter Venture Global LNG in an arbitration case over LNG sales from the Calcasieu Pass plant in Louisiana.
2) Atlantic LNG shipping rates rose by $221,500 to $264,250 per day this week as the LNG and shipping markets are experiencing “seismic shocks” in the wake of military action across the Middle East, according to Spark Commodities and Fearnley LNG.
3) State-owned LNG giant QatarEnergy has stopped production of LNG due to military attacks on its operating facilities in Ras Laffan and Mesaieed.
4) Chinese independent gas distributor ENN said it will buy half of the LNG volumes it had agreed under a long-term SPA with Cheniere in 2023, as the US LNG producer has not yet taken a final investment decision on the first phase of the Sabine Pass expansion project.
5) US LNG exporter Venture Global LNG anticipates signing additional short-and long-term LNG supply contracts in the near term, according to CEO Mike Sabel.