QatarEnergy signed an MoU with Egypt and ExxonMobil to explore Cyprus gas development and commercialisation via Egypt’s LNG infrastructure, strengthening Egypt’s role as an Eastern Mediterranean gas hub.
Europe is increasing reliance on US LNG, projected to supply two-thirds of imports in 2026, potentially becoming the EU’s main and costliest gas source amid shifting global supply, according to Institute for Energy Economics and Financial Analysis (IEEFA).
Morocco’s decision earlier this year to pause elements of its long-anticipated LNG import strategy marks less a delay than a strategic reset – one that reflects both shifting global market dynamics and a more pragmatic approach to infrastructure development, said industry experts.
Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the US, a joint venture between QatarEnergy and Exxon Mobil from June, two sources familiar with the matter told Reuters.
Middle East conflict disrupted global natural gas markets, cutting nearly 20 per cent of LNG supply via the Strait of Hormuz, causing supply shocks, uncertainty, and sharp price increases worldwide, according to the International Energy Agency’s (IEA) latest quarterly gas market report.
QatarEnergy marked its first LNG export from the Golden Pass project in Texas, a joint venture with ExxonMobil, as a milestone toward full operations, with cargo loaded onto the new 174,000-cubic-meter Al-Qaiyyah carrier.
Burckhardt Compression, a leader in reciprocating compressor technology and systems, has secured multiple orders to supply compressor solutions for LNG terminal projects in Thailand and Taiwan.
Qatar may extend force majeure on gas supplies beyond mid-June, Italian importer Edison said, after cancellations linked to the Middle East war, with Edison replacing lost LNG cargoes by increasing purchases from the US.
The first deliveries of liquefied natural gas (LNG) from Oman to a German company have begun despite the war in Iran, said a spokesperson for the German state-owned gas supplier Sefe.
Further to the announcement by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy has declared force majeure to its affected buyers.
