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LNG

LNG (liquefied natural gas) is natural gas that has been cooled to approximately −162 °C, transforming it from a gaseous state into a liquid for ease of storage and transport. The liquefaction process reduces the volume of natural gas by about 600 times, making it economically viable to ship across oceans to markets far from production sites. LNG is transported in specially designed cryogenic tankers and regasified at import terminals before being distributed through pipeline networks. The industry encompasses the entire value chain, including gas extraction, liquefaction plants, shipping, regasification facilities and distribution infrastructure. Major LNG-producing regions include Qatar, Australia, the United States and increasingly East Africa, where offshore gas discoveries have spurred significant investment. Mozambique has emerged as a key player following major gas finds in the Rovuma Basin, with projects such as Coral South bringing the country into the global LNG market. LNG trade has grown substantially since the early 2000s, driven by demand for cleaner-burning fossil fuels, particularly in Asia. The sector is capital intensive, with liquefaction facilities typically costing billions of dollars and requiring long-term offtake agreements to secure financing. LNG is used primarily for power generation, industrial processes and increasingly as a marine fuel. Price volatility, geopolitical factors and the energy transition towards renewables continue to shape the industry's outlook.

LNG Updates


LNG tanker
LNG prices could go higher in significant volatility, Uniper executive says
4th June 2026 By: Reuters

Liquefied natural gas (LNG) prices could rise further in significant volatility than experienced so far during the Iran war if supply disruptions coalesce with hot weather in Asia and European... 


How a digital foundation can overcome the LNG trilemma
How a digital foundation can overcome the LNG trilemma
28th May 2026

By: Christophe Begat - Vice President for, Industry and Segment for Sub-Saharan Africa at Schneider Electric The global LNG (Liquefied Natural Gas) sector is entering an historic chapter with... 


James Mackay
Opinion: Unpacking Minister Ramokgopa's electricity sector plan for the year ahead
25th May 2026

In this article, Energy Council of South Africa CEO James Mackay provides a breakdown of the budget vote presented by Electricity and Energy Minister Kgosientsho Ramokgopa in Parliament earlier... 


GLNG Santos project
Draft Australian LNG policy draws ire from industry
25th May 2026 By: Reuters

The Australian government on Monday released a draft of its liquefied natural gas (LNG) export rules for consultation, looking to clarify its new 20% domestic reservation rule but drawing criticism... 


Coal excavation
Indonesia coal export shake-up rattles miners, traders
22nd May 2026 By: Reuters

Indonesia's plan to route coal exports through a state firm has rattled traders and miners in the world's largest exporter over its viability, at a time when liquefied natural gas (LNG) supply... 


Woodside's Scarborough gas project in Australia
CME, Premier Cook urge support for contentious Browse gas project in Western Australia
21st May 2026 By: Marleny Arnoldi

Western Australia’s Chamber of Minerals and Energy (CME) has welcomed Premier Roger Cook’s recognition of the enduring role of gas for the state’s future energy security, as well as the critical... 


Oil & gas drill rig
EU energy ministers to discuss domestic gas drilling, document says
6th May 2026 By: Reuters

European Union countries' energy ministers will take the unusual step of discussing domestic natural gas production next week, as governments seek ways to limit the economic impact of the Iran war,... 


Indonesia coal heaps
Iran war gives small boost to thermal coal, further gains possible - columnist
5th May 2026 By: Reuters

Seaborne thermal coal prices in Asia rallied in the wake of the US and Israeli war against Iran, but the gains are modest and nowhere near the size seen during the crisis created by Russia's... 


STRENGTHENED COOPERATION 
Senegal and Nigeria have committed to strengthening cooperation in areas such as refining, policy development, gas monetisation and national oil company collaboration
Senegal, Nigeria deepen cooperation to strengthen energy ties
24th April 2026

Gas monetisation and broader gas cooperation will become central to strengthening energy ties between Senegal and Nigeria, following a high-level working visit aimed at deepening collaboration... 


LNG tanks
Gas, fuel-focused funding to support economies amid Gulf crisis
24th April 2026

In an effort to support African and Caribbean economies affected by the ongoing Middle East conflict, multilateral trade finance institution African Export-Import Bank (Afreximbank) reports that it... 


Global energy demand up 1.3% in 2025, electricity demand up by 3% – IEA
20th April 2026 By: Schalk Burger

Global energy demand growth slowed to 1.3% in 2025, which is slightly below the preceding decade’s average of 1.4% and significantly lower than in 2024, while global electricity demand increased by... 


Image of LNG pipeline
LNG import facility and power station, South Africa
17th April 2026 By: Sheila Barradas

The project proposes the construction of a combined-cycle gas-fired power station of up to 1 800 MW. 


Image of Virginia gas project
Virginia gas project, South Africa – update
17th April 2026 By: Sheila Barradas

ASP Isotopes has reported that Phase 1 drilling has been completed ahead of schedule. 


The biggest LNG boom in history is testing EPC firms to their limits
The biggest LNG boom in history is testing EPC firms to their limits
16th April 2026

As industry pressures mount, the margin for error has narrowed, writes Hanno Van Niekerk, Market Leader – Sub Saharan Africa The world is in the middle of the largest LNG infrastructure buildout in... 


LNG vessel
Asian LNG imports plummet to six-year low on Middle East crisis
13th April 2026 By: Bloomberg

Asian liquefied natural gas imports have dropped to the lowest in almost six years as the conflict in the Middle East chokes supplies and forces buyers to curb consumption. The 30-day moving... 


Australian flag
Australia delays publishing of resources, energy outlook for the first time
10th April 2026 By: Reuters

Australia's quarterly resources and energy outlook has been delayed for the first time owing to "extreme volatility" caused by the US-Israel war against Iran, which is rendering forecasts out of... 


Post-war recovery of Middle Eastern oil and gas fields could take months
9th April 2026 By: Rebecca Campbell

Edinburgh, Scotland-based global energy and natural resources analytics, insights and proprietary data company Wood Mackenzie has warned that it would be months, after a ceasefire was achieved in... 


Queensland Premier David Crisafulli
Australian state calls for faster approvals for new oilfield
8th April 2026 By: Reuters

Australia's Queensland state said on Wednesday it will urge the federal government to streamline environmental approvals for what it says could be Australia’s first new oilfield in decades, arguing... 


LNG tanker
Iran amplifies LNG shortage by blocking passages through Hormuz
7th April 2026 By: Bloomberg

Iran has yet to allow a single carrier loaded with liquefied natural gas (LNG) to pass through the Strait of Hormuz in weeks of war, according to traders involved in the transit, a ban that risks... 


Coal mining site
Coal prices poised for increase as LNG surges on the back of Iran war
3rd April 2026 By: Marleny Arnoldi

Coal miners are poised to benefit from a rising coal price as a result of the Iran war, says Bloomberg Intelligence. Analysts at the market research firm say if the Iran war disrupts liquefied... 


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pqt: 0.088s - ct: 0.329s - 288pq - 2rq
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