LNG News Updates

SK Shipping and H-Line Shipping agreed to swap vessel contracts and cash, creating one of the world’s largest LNG carrier operators.

Demand for LNG carriers is expected to be strong over the next decade, driven by a surge in investment for new export terminals in the U.S. and other regions.

The takeover will make Expand Energy a leading gas marketer, with the company raising its target for annual free cash flow from its marketing and commercial by 50% to $750 million.

Canadian Prime Minister Mark Carney has set a goal to double non-U.S. trade in a decade. 

Global exports from the project are now expected to start in the second quarter of this year.

The Canadian energy leader pitched increasing natural gas flows to the U.S. to boost LNG exports from the Gulf Coast and meet rising power demand from data centers.

Shipowners and brokers are demanding more than $200,000 a day for LNG tankers in the Atlantic Basin, roughly double what they were commanding less than a day earlier, according to sources.

The U.S. and Japan unveiled the debut projects of a $550 billion investment fund, pressing ahead with a trade and economic pact in the weeks before Japan’s Prime Minister Sanae Takaichi is set to meet President Donald Trump.

Venture Global won a dispute with Spain’s Repsol involving the sale of liquefied natural gas shipments from its export plant in Louisiana. 

Exports are estimated to have risen 4% from last year to 429 million tons, according to Kpler. The rise was largely driven by projects like LNG Canada and Plaquemines in the U.S. ramping up output.