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The International Gas Union says global LNG trade rose 6.3% to 436.98-million tons in 2025, boosted by strong US exports and higher European imports, though conflict-related damage to Gulf infrastructure could trigger a contraction in 2026. Shell's 2026 LNG Outlook separately forecasts demand climbing about 65% by 2050 to nearly 700-million tons a year, led by Asia, even as Strait of Hormuz disruptions have shut in about one-fifth of monthly global supply.
South Africa's ZET terminal advances with new partnersThe Zululand Energy Terminal import project at Richards Bay has signed a heads of agreement with ExxonMobil South Africa LNG to supply the facility, while Eskom has separately agreed to become a foundation customer to underpin its proposed 3 000 MW Richards Bay gas-to-power programme, with financial close and contractor selection now under way.
Canada accelerates west coast LNG projectsA Canada-British Columbia Cooperative Prosperity Agreement signed by Prime Minister Mark Carney and Premier David Eby aims to unlock more than $200-billion in investment and commits federal government to accelerating permitting for LNG Canada Phase 2, Ksi Lisims LNG, Cedar LNG and Woodfibre LNG, alongside a new Alberta-to-coast oil pipeline led by Trans Mountain and Pembina Pipeline.
LNG Updates
Australia's east coast gas market is expected to have sufficient supply in the fourth quarter of 2026, though further investment will be needed to meet longer-term demand, the country's competition...
Vietnam's government is considering building more coal-fired power plants to ensure it can meet its energy needs, the government said on Wednesday, as the Iran war further complicates its slow...
Global liquefied natural gas (LNG) trade hit a record last year as strong US exports and rising European imports offset weaker Asian purchases, the International Gas Union (IGU) said in a report on...
Canadian public engagement organisation Resource Works has welcomed the Canada-British Columbia Cooperative Prosperity Agreement signed on July 2 by Prime Minister Mark Carney and Premier David...
An Australian government report on Friday said efforts by China's State-backed iron-ore buyer to cut costs for Chinese steel mills may push down prices in the medium term, in a rare acknowledgment...
Global liquefied natural gas (LNG) demand is expected to rise by around 65% by 2050, driven largely by Asia as countries seek lower-emission alternatives to coal and data centres boost power...
Oil prices dipped around 1% on Tuesday, reversing the previous session's gains, and were poised for a monthly decline, with investors eyeing potential US-Iran talks in Doha amid a strained interim...
Energy exploration has picked up sharply in Australia driven by growing Asian gas demand, technological advances and an improved investment climate, with the Iran war underscoring the urgency to...
Asia's imports of seaborne thermal coal are rebounding as China boosts purchases to compensate for soft domestic output and Japan and South Korea seek energy security amid the fallout from the...
By: Ahmed Mohamed Ahmed Hegazy - Business Development Leader, Energy and Chemicals, Schneider Electric East Africa Tanzania’s energy and chemicals segment is projected to show tremendous growth in...
Zululand Energy Terminal and ExxonMobil South Africa LNG, an affiliate of ExxonMobil, signed a heads of agreement to advance the project on June 17, 2026.
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