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Liquefied Natural Gas

Liquefied natural gas (LNG) is natural gas that has been cooled to approximately minus 162 °C, transforming it from a gaseous state into a liquid for ease of storage and transportation. The liquefaction process reduces the volume of natural gas by about 600 times, making it economically viable to ship across oceans where pipeline infrastructure is impractical or unavailable. LNG is transported in specially designed cryogenic tankers and regasified at import terminals before being distributed through pipeline networks to end users. The global LNG industry has grown substantially since the 1960s, with major exporting nations including Qatar, Australia, the United States, Russia and Malaysia, while key importers include Japan, China, South Korea and European nations. LNG serves as a critical fuel for power generation, industrial processes and increasingly as a marine fuel, and is often positioned as a transitional energy source in the shift away from coal and oil. The industry requires significant capital investment in liquefaction plants, shipping fleets and regasification terminals, with projects typically structured around long-term supply contracts. LNG prices are influenced by regional gas market dynamics, oil price indexation in some contracts, shipping costs and geopolitical factors affecting supply security. Environmental considerations include methane emissions during production and transport, though LNG combustion produces lower carbon emissions than coal or oil. The sector faces growing scrutiny regarding its role in energy transition strategies, with debate over whether it represents a bridge fuel or a lock-in to fossil fuel infrastructure.

Liquefied Natural Gas News


ADNOC project called Hail & Ghasha
ADNOC greenlights $6.2bn Umm Shaif Gas Cap project
21st July 2026 By: Reuters

Abu Dhabi's State energy company Abu Dhabi National Oil Company (ADNOC) has taken a $6.2-billion final investment decision (FID) to develop the Umm Shaif Gas Cap, in an acceleration of its... 


Jade Gas drill rig in Mongolia
Jade Gas secures A$1bn funding for coal bed methane gas, LNG development in Mongolia
20th July 2026 By: Marleny Arnoldi

ASX-listed Jade Gas has executed a non-binding collaboration agreement with a consortium comprising PT Beijing Energy Linking (PTBEL), its lead contractor, and subcontractors PetroChina and Hunan... 


LNG plant
LNG exports set to add $1.4trn to US GDP through 2040, S&P Global Energy says
17th July 2026 By: Reuters

Liquefied natural gas (LNG) is poised to become the US' second-largest net export industry within five years, adding nearly $1.4-trillion to its GDPthrough 2040, according to an S&P Global Energy... 


LNG Canada tank
LNG Canada offers five First Nations option to invest up to C$1bn in Phase 2 storage tank
15th July 2026 By: Reuters

LNG Canada said on Tuesday five First Nations will have an equity option to invest up to C$1-billion ($710.78-million) to acquire a storage tank planned to be built in a proposed expansion of the... 


Iran oil fields
Oil hits four-week high as US, Iran step up attacks in Strait of Hormuz
14th July 2026 By: Reuters

Oil prices rose on Tuesday to their highest in four weeks, as the US reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows... 


Canada Prime Minister Mark Carney
Canada, Alberta announce new west coast oil pipeline to boost exports
3rd July 2026 By: Reuters

Canada announced plans to build a new oil pipeline from Alberta to the Pacific coast, which would give the world's fourth-largest oil producer greater capacity to export to Asia and ease its... 


ZET director Oliver Naidu and ExxonMobil LNG Market Development Inc chairperson Andrew Barry
ZET says ExxonMobil agreement further strengthens LNG terminal’s commercial foundation
3rd July 2026 By: Terence Creamer

The Zululand Energy Terminal (ZET), which is aiming to build South Africa’s first liquefied natural gas (LNG) import terminal at the Port of Richards Bay in KwaZulu-Natal, has signed heads of... 


LNG vessels
US LNG exports to Europe decline as Asia prices surge, more goes to Africa
2nd July 2026 By: Reuters

For the first time in nearly two years, less than half of US (liquefied natural gas) LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt diverted cargoes,... 


Coal mine
China will lead both renewable energy and coal consumption, Reuters says
1st July 2026 By: Reuters

China's latest five-year energy plan confirms two seemingly contradictory positions: it will continue to be the world's leader in both renewable energy and coal. The trick is to view China's plans... 


Eni LNG vessel
Commodities trader Mercuria to form JV with Italian major Eni
1st July 2026 By: Reuters

Swiss-based commodities trading house Mercuria and Italian oil and gas major Eni have agreed to set up a joint venture (JV), the companies said on Wednesday, reflecting a trend for trading... 


Thungela maintains interim export guidance despite volatile coal markets
Thungela maintains interim export guidance despite volatile coal markets
30th June 2026 By: Sabrina Jardim

JSE-listed Thungela Resources says it continues to monitor the impact of the ongoing conflict in the Middle East on its employees and the broader operating environment, noting that, to date, the... 


Gold pour at Red Lake in Canada
Canada, Japan consider critical minerals joint stockpiling in hunt for China alternatives
26th June 2026 By: Reuters

Canada and Japan are working on a range of mining projects, including potential joint stockpiling, Canada's Trade Minister told Reuters, as Japan moves to diversify supplies of critical minerals... 


Sam Houston Jones State Park, in Louisiana
Woodside Energy pledges $5m restore native habitats in Louisiana
24th June 2026 By: Marleny Arnoldi

Woodside Energy has announced a $5-million investment in a comprehensive, multi-year initiative to restore biodiversity and strengthen the environmental resilience of Sam Houston Jones State Park,... 


A diamond mine in Western Australia
Bankwest Curtin Economics Centre warns Western Australia needs mining reform to continue growing
23rd June 2026 By: Marleny Arnoldi

New analysis from the Bankwest Curtin Economics Centre finds that Western Australia risks missing the next wave of global resource investment unless it moves beyond its traditional "dig and ship"... 


Strait of Hormuz
Oil falls as supply starts moving through Strait of Hormuz
19th June 2026 By: Reuters

Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the Strait of Hormuz following the signing of the US-Iran interim peace... 


An oil tanker at sea
Hormuz reopening to release wave of oil supply, depress prices
18th June 2026 By: Reuters

Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the US-Iran interim deal, releasing-millions of barrels of oil stranded in the... 


Ichthys gas field development
Australian unions end strike at Inpex Ichthys LNG as pay deal reached
17th June 2026 By: Reuters

Australian unions said on Wednesday that they have reached a deal with Japan's Inpex to end strikes at the Ichthys liquefied natural gas (LNG) onshore and offshore facilities. Australia's Offshore... 


Coal
China mine disaster, Indonesia policy changes upend global coal market
17th June 2026 By: Reuters

A deadly mining accident in China's biggest coal-producing region and mounting policy chaos around Indonesian exports are choking global supplies, which analysts and industry officials say could... 


Inpex's Ichthys operation, in Australia
Australian LNG shipments may be disrupted amid prolonged strike at Ichthys operation
15th June 2026 By: Reuters

Australia's Offshore Alliance plans to extend until July 6 action that could disrupt liquefied natural gas (LNG) shipments, it said on Monday, after a tribunal rejected plant operator Inpex's bid... 


Woodside Energy's North Rankin project
Australia's Woodside Energy unaware of any proposal involving Exxon Mobil
15th June 2026 By: Reuters

Australia's Woodside Energy said on Monday it was not aware of any proposal involving US major Exxon Mobil and was not engaged in discussions regarding a potential transaction, responding to recent... 


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pqt: 0.096s - ct: 0.148s - 277pq - 2rq
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