Asian LNG demand is set to fall for a second straight year as the US-Israeli war on Iran curbs Gulf supply and drives prices to multi-year highs, analysts say.
natural gas
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Germany’s economy minister plans market incentives to boost winter gas storage while avoiding direct state purchases, as stocks hit a 15-year seasonal low.
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Australian gas producers are pitching the Northern Territory as a home for AI data centres, saying developers can self-generate power and skip long grid-connection queues.
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Germany’s Uniper has signed a 15-year deal to import more than 30 terawatt-hours of gas a year from Norway’s Equinor from 2027.
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Norway will keep developing oil and gas in the Barents Sea regardless of the EU’s support for an Arctic drilling moratorium, its energy minister says.
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Nigeria earned $2.53 billion from gas exports in Q1 2026 as the CBN reported a 256% surge in the country’s current account surplus to $4.98 billion.
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ExxonMobil has signed a preliminary deal to supply LNG to South Africa’s Zululand Energy Terminal, the country’s first planned LNG import facility.
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In the News
Chevron Says Cyprus Is Central to East Mediterranean Energy and the Aphrodite Field Is Moving Fast
Chevron says Cyprus is a natural fit for the East Mediterranean’s energy future as the Aphrodite gas field moves closer to a final investment decision.
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TotalEnergies has resumed its $20 billion Mozambique gas project after a five-year suspension, reigniting both hopes for prosperity and frustration over unfulfilled community promises.
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Tanzania has scrapped taxes on electric vehicles, compressed natural gas and charging equipment in its 2026/27 budget to accelerate its clean energy transition.