Long-term LNG contracts accelerated sharply in 2025, driven by a wave of US-linked deals and a surge in pre-FID project commitments, before activity slowed markedly toward year-end. Over 100 long-term LNG contracts were announced in 2025, with about half of the total contracted volumes coming from pre-FID projects, mostly in the US. Activity was mainly […]
India’s LNG imports are set to grow structurally through the end of the decade as the country locks in long-term supply from Qatar and the United States while keeping limited exposure to spot markets. According to new analysis from Cedigaz, India’s evolving LNG portfolio is less likely to compete directly with Europe for spot cargoes […]
Global gas prices softened across Asia and Europe last week amid weak spot demand, easing weather risks and ample LNG availability, while US prices moved lower as mild winter forecasts weighed on heating demand expectations. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG price JKM (February delivery) eased to the mid-USD 9s/MMBtu on […]
Global LNG supply is entering a new phase, with the next LNG wave likely to reshape gas pricing regimes and extend Henry Hub’s influence well beyond North America. What the glut: The next LNG wave will not only drive down gas price levels, but ultimately could lead to a new gas pricing regime, with profound […]
Global gas prices moved lower across Asia and Europe last week amid ample LNG supply and mild weather conditions, while US prices showed greater resilience as shifting weather forecasts supported demand expectations. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG price JKM (January delivery) fell to the mid-USD 9s/MMBtu on 12 December, down from […]
Australian LNG exports are entering a softer phase, with shipments at multi-year lows as Asian LNG demand weakens. The latest Australian LNG tracker highlights how operational constraints, falling domestic gas demand and shifting regional dynamics are reshaping Australia’s role in global LNG markets. Australian LNG exports have fallen to their lowest levels in four years, […]
Australian LNG exports slipped again in 2025, with year-to-date shipments down 2.8% compared with the same period last year, according to LSEG seaborne LNG data. The slowdown leaves Australia further behind the US and Qatar, which have expanded output and strengthened their positions in the global LNG market. Global LNG trade grew 5.2% y/y in […]
Europe’s ability to tighten methane rules without risking security is increasingly underpinned by a strong outlook for global LNG supply. According to analysis by Rystad Energy, commissioned by EDF Europe, LNG supply growth toward the end of the decade is expected to create a more comfortable market balance, reducing exposure to individual exporting countries. Rystad’s […]
Russian LNG flows into China showed strong seasonal momentum in 2025, with September imports rising above the entire 2021–2024 range. While China’s LNG demand has remained comparatively soft this year, Russian cargoes have continued to gain ground, supported by flexible spot availability and Russia’s increasing reliance on China as a key outlet for its seaborne […]