LNG News Highlights and Global Prices – January 24, 2025
Top Stories
Coatzacoalcos LNG Project Poised to Boost Mexico’s Natural Gas Consumption
Sun Peak Energy’s Diego Pecoraro highlights the Coatzacoalcos LNG Project's potential to spur Mexico’s industrial growth, leveraging its strategic location and economic incentives.
(Source: naturalgasintel.com)
Trump’s Executive Orders Propel Delfin LNG Permitting and Offshore Projects
New policies under Trump’s administration accelerate permitting for Delfin LNG and other offshore LNG export projects.
(Source: naturalgasintel.com)
EU Shies Away From Sanctions on Russian LNG
The European Union is unlikely to target Russian LNG imports in its upcoming sanctions package despite ongoing geopolitical tensions.
(Source: bloomberg.com)
Venture Global LNG Raises $1.75 Billion in IPO
The U.S. LNG exporter’s IPO debut sees shares opening up 6% above the offer price, testing market appetite amid Trump’s LNG expansion policies.
(Sources: reuters.com, bloomberg.com)
Market Insights
Germany Expands LNG Import Capacity Amid FSRU Underutilization
Germany is doubling down on LNG import infrastructure to diversify its energy portfolio, despite declining floating storage regasification unit (FSRU) utilization rates.
(Source: naturalgasintel.com)Japan’s JERA Increases U.S. LNG Purchases
To diversify energy supplies, Japan’s top LNG buyer, JERA, plans significant purchases of U.S. LNG to meet domestic demand for AI and data centers.
(Source: oilprice.com)LNG Freight Rates Plunge to Record Lows
A glut of vessels is driving LNG shipping costs to unprecedented lows, providing relief for importers but presenting challenges for shippers.
(Source: bloomberg.com)
Industry Updates
Tamboran and Santos MoU for Darwin LNG Expansion
Tamboran Resources and Santos sign a memorandum to explore technical studies for expanding Darwin LNG’s second train.
(Source: lngindustry.com)
GAZ-SYSTEM Expands Swinoujscie LNG Terminal
Poland’s LNG terminal now boasts a regasification capacity of 8.3 billion m³/year, enhancing Europe’s LNG import capabilities.
(Source: lngindustry.com)
Argentina’s YPF Eyes Indian Market for LNG Exports
YPF’s memorandum with Indian companies could lead to exporting up to 10 million tonnes of LNG annually, boosting Argentina’s role in global LNG markets.
(Source: reuters.com)
Career Opportunities in LNG
Project Manager – Mexico Coatzacoalcos LNG
Technical Consultant – Darwin LNG Expansion
Shipping Analyst – Europe LNG Freight Trends
Energy Strategist – U.S. LNG Export Policy
Find more roles at LNG Career.
Training and Certifications
Advanced LNG Freight Market Analytics
Global LNG Regulatory Updates Under Trump Administration
Strategies for Expanding LNG Infrastructure
Browse programs at LNG University.