LNG Market Insights – February 12, 2025
Top Headlines
🔹 Russia Pitches Sanctioned Arctic LNG Cargoes to Indian Buyers
Russian officials have held meetings with Indian buyers this week in an effort to sell liquefied natural gas from a flagship export facility sanctioned by the US.
Source: www.bloomberg.com/news/articles/2025-02-12/russia-pitches-sanctioned-arctic-lng-cargoes-to-indian-buyers
🔹 TotalEnergies Signs LNG SPA with Gujarat
TotalEnergies and Gujarat State Petroleum Corporation Limited (GSPC) have signed a 10-year Sale and Purchase Agreement (SPA) starting in 2026.
Source: www.gasworld.com/story/totalenergies-signs-lng-spa-with-gujarat/2094238.article
🔹 Indian Oil Signs Deal to Export LNG to Nepal
Indian Oil will supply 240 metric tons of LNG per year to Nepal's Yogya Holdings by road.
Source: www.reuters.com/business/energy/indian-oil-signs-deal-export-lng-nepal-2025-02-12/
Industry Developments
🔹 TotalEnergies Set to Boost India’s Gas Market with Decade-Long LNG Supply
TotalEnergies has struck a new deal with GSPC to provide around six LNG cargoes per year for ten years.
Source: www.offshore-energy.biz/totalenergies-signs-10-year-lng-supply-deal-with-indias-gspc/
🔹 India’s HPCL Signs Agreement to Source LNG for NTPC
India's Hindustan Petroleum Corp (HPCL) has signed an initial pact for sourcing gas for utility company NTPC Ltd.
Source: www.reuters.com/business/energy/indias-hpcl-signs-agreement-source-lng-ntpc-2025-02-12/
🔹 European LNG Prices Reaching Levels That Will Hit Demand, Says Vitol CEO
European LNG prices are rising to levels that could start reducing demand, according to Vitol’s CEO.
Source: www.reuters.com/business/energy/european-lng-prices-reaching-levels-will-hit-demand-says-vitol-ceo-2025-02-12/
Global LNG Trade & Market Trends
🔹 German LNG Operator Cancels Regasification Terminal
A German LNG import terminal has been forced to shut down due to financial losses and competition from a state-backed rival.
Source: www.oilprice.com/Energy/Natural-Gas/German-LNG-Operator-Cancels-Regasification-Terminal-Due-to-Losses.html
🔹 Shell Sees Significant LNG Growth in the Near Term
Shell forecasts strong LNG demand growth in the coming years, while oil demand could peak in the next decade.
Source: www.reuters.com/business/energy/shell-sees-significant-lng-growth-in-near-term-2025-02-12/
LNG Career Opportunities
🔹 LNG Systems Engineer – Floating LNG Projects
🔹 Regulatory Analyst – LNG Permitting & Policy
🔹 Business Development Manager – Global LNG Sales
Find more opportunities at LNG Career: www.lngcommunity.com
LNG University – Training & Certifications
🔹 LNG Project Finance & Investment
🔹 Regulatory Compliance for LNG Exports
🔹 Advanced LNG Plant Operations
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