Private German LNG terminal operator Deutsche ReGas has signed a deal with Japan's MOL to charter a second floating sturage and regasification unit and restore full capacity at its Mukran LNG import terminal in Germany.
US LNG developer NextDecade is moving forward with commissioning activities at the first liquefaction train of its Rio Grande LNG terminal in Texas, and it continues to expect first gas into the LNG facility before year-end 2026.
US liquefied natural gas (LNG) plants sent 37 cargoes during the week ending October 21, up two cargoes from the previous week, according to the Energy Information Administration.
FSRU-based LNG import terminals in Egypt were the top destinations for US liquefied natural gas shipments for the third month in a row in August, with Europe again becoming the preferred destination for US cargoes over Asia, according to the Department of Energy’s LNG monthly report.
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.