Welcome back to LNG4U — your weekly read on what’s shaping the LNG market.
We start with a perspective to keep you ahead, then walk through the developments setting the pace — from price momentum to offshore activity.
Let’s dive in.

🎓 LNGKnowledge

If LNG is spilled on to a steel cargo deck , or over the side of a ship constructed of mild steel , it will cool the steel down 📉to a temperature well below the temperature of the liquid by evaporation and thermal cooling.

When large spills are involved it can be catastrophic as it takes only small subsequent blow when brittle to result in fracture of the ship's hull or deck 🛑.

Source : LNG shipping knowledge

💰 LNGPrices

Freight rates / 174,000 m3 / 2 Stroke

Atlantic - (Spark30S)

$ 96,500 / day

Pacific - (Spark25S)

$ 108,000 / day

Natural Gas

Asia (JKM) - May 26

$ 20.338 / mmBtu

Europe (NWM) - May 26

$ 17.958 / mmBtu

Bunkers

$/MT

LNG

VLSFO

MGO

Singapore

1130.37

877.50

1821.50

Rotterdam

1057.36

760.00

1388.50

🏭 LNGTerminals

Spain’s Reganosa has lined up a new job at a future liquefied natural gas (LNG) import terminal in Senegal, Africa 🏭. As a result, the firm will supervise the construction of this LNG facility in Dakar.

The LNG terminal, to be developed in the port of Dakar, was initially conceived as a comprehensive infrastructure with a floating storage unit with a capacity of 137,000 cubic meters of LNG 💧, a quay with mooring systems and onshore regasification facilities

(C) Copyright Offshore Energy 2026

Source: KARMOL

Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has secured the go-ahead for the permanent operation 🎯 of an energy terminal in Mukran with two floating storage and regasification units (FSRUs) using onboard gas generators.

The granted permit amendment is perceived to transform this operating arrangement from a temporary to a permanent permit 📅. Deutsche ReGas claims that this energy concept has proven successful in ongoing operations, as the permitted limits, particularly noise limits, are being met 📊.

(C) Copyright Offshore Energy 2026

Source: Reuters

A laden GasLog-controlled LNG carrier trapped with other vessels on the western side of the shuttered Strait of Hormuz has discharged its cargo in Bahrain 📍.

The 155,000-cbm GasLog Skagen (built 2013) arriving at Bahrain’s floating storage unit-based LNG import terminal 🚢 within the Khalifa bin Salman Port facility in Hidd on Monday.

At least 12 LNG carriers remain stranded in the region with cargoes on board 🚫

(C) Copyright Tradewinds 2026

Source: Robert E Mason

Klaipėda welcomed another cargo from Equinor aboard the newly built LNG carrier BW Nivalis 🚢

BW Nivalis has a cargo capacity of around 174,000 m³ of LNG, very similar in size to the Lithuanian FSRU herself 💧.

(C) Copyright KN Energies 2026

Source: KN Energies

Some of the world’s largest LNG plants were forced shut on Friday by a cyclone off western Australia 🌪, squeezing fuel supplies already stretched thin by war in the Middle East.  

Energy giant Chevron said it suffered outages at its Gorgon and Wheatstone gas plants 🚨, which collectively supply more than five percent of the world’s liquefied natural gas.

Fuel company Woodside said its Karratha plant, which processes fuel from one of the world’s biggest offshore gas operations, had also fallen offline 🔴.

The cyclone had come at the “worst time”, warning that even a minor hit to output could ripple through global markets 📊.

(C) Copyright KN Energies 2026

Source: Chevron

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has achieved first production of Liquefied Natural Gas (LNG) from Train 1 at its Sabine Pass Terminal 🎊, marking a major milestone in the project’s journey to full operations.

Production of LNG started at Golden Pass LNG terminal in Sabine Pass, marking the completion of a the construction, commission, and start up of the first LNG Train 🏭.

(C) Copyright Golden Pass LNG 2026

Source: Golden Pass LNG

🚢 LNGShips

Libyan authorities have reportedly taken control of the damaged Russian LNG carrier Arctic Metagaz 🎯, boarding the vessel and securing it to a tug as efforts intensify to prevent a potential environmental disaster off the country’s coast.

The vessel is believed to have suffered significant structural damage, with two of its four LNG tanks potentially still intact. How much gas remains onboard is unclear, raising concerns about a possible release 🚨

The Arctic Metagaz was hit by a massive explosion earlier this month after a reported strike by a Ukrainian drone 🚀 while transiting the Mediterranean with cargo from Russia’s Arctic LNG 2 project. 

(C) Copyright gcaptain 2026

Source: gcaptain

Russia is expanding its LNG dark fleet, with three 20-year-old LNG carriers recently sold to a newly formed company in Turkey and two subsequently reflagged to Sierra Leone 🤝 – a registry that has become a flagging hub of choice for sanctioned Russian-linked tonnage

The three vessels have yet to signal any post-sale cargo destination. Two are currently sailing in ballast around the Cape of Good Hope, while the third is anchored off Galle, Sri Lanka 🌎

(C) Copyright Splash247 2026

Source: Sovcomflot

Flex LNG has landed a new charter deal for its LNG carrier Flex Aurora, locking in fresh employment 🤝 just weeks after the vessel came off its previous contract.

The 2020-built vessel has been fixed to a supermajor for a firm period of two years, with options that could stretch the deal to as much as eight years in total 📅.

If all extension options are exercised, the vessel could remain on hire until 2034. The deal lifts Flex LNG’s contract backlog to a minimum of 55 years 📈, rising to 82 years if all optional periods across the fleet are taken up 📈.

(C) Copyright Splash247 2026

Source: Flex LNG

ABB has upgraded propulsion systems across a fleet of liquefied natural gas (LNG) carriers (LNGCs) owned and operated by Cool Company (CoolCo) 🚢.

ABB has upgraded the frequency converters as part of the propulsion systems of CoolCo’s nine LNG carriers, which is perceived to enhance reliability across the fleet 🏭. The propulsion drive upgrade extends the vessels’ operational lifetime by more than ten years, while minimizing dry dock time 📉.

(C) Copyright Offshore Energy 2026

Source: CoolCo

🏗 LNGShipbuilding

ADNOC Logistics & Services confirms the early delivery of Arada, a 175,000 m³ liquefied natural gas (LNG) carrier constructed by Jiangnan Shipyard in China 🎊.

Arada is the fifth of six newbuild LNG carriers ordered by adnocls as part of its ongoing fleet expansion program. Following delivery, the vessel has commenced operations 🌍.

(C) Copyright ADNOC Logistics & Services 2026

Source: ADNOC Logistics & Services

Celsius Tankers has ordered two LNG carriers at Samsung Heavy Industries in South Korea for 💰513.5m.

SHI said it had signed a contract for two LNG carrier newbuildings for delivery before the end of September 2028 🎊.

(C) Copyright Tradewinds 2026

Source: MET Group

🤝 LNGContracts

Venture Global and Vitol announced the execution of a new, binding agreement 🤝 for the purchase of approximately 1.5 million tonnes per annum (MTPA) of U.S. liquefied natural gas (LNG) 💧 from Venture Global for five years commencing in 2026, to be supplied from Venture Global’s portfolio.

Venture Global is an American producer and exporter of low-cost U.S. liquefied natural gas (LNG) with over 100 MTPA of capacity in production, construction, or development 📊

(C) Copyright Venture Global 2026

Source: Venture Global

TotalEnergies made a decision not to declare force majeure to any of its liquefied natural gas customers 🤝, and that it would respect all the LNG contracts in terms of ⁠price and volume 💧.

Qatar, the world's biggest LNG producer, has declared force majeure on all of its LNG output after being attacked 🚨.

Analysts estimate TotalEnergies takes 5.2 million metric tons per annum (mtpa) 💧 from its share ⁠of the QatarEnergy LNG trains.

Shell, the world's biggest LNG trader, had declared force majeure on cargoes it buys from ⁠QatarEnergy and sells on . Analysts estimate Shell takes 6.8 mtpa of Qatari LNG.

(C) Copyright Reuters 2026

Source: QatarEnergy

GAIL has purchased a liquefied natural gas (LNG) cargo from Oman as India moves to secure supplies to meet rising natural gas demand.

Shipping data from Kpler showed that the cargo, loaded on the vessel Orion Hugo and chartered by Shell was discharged at Dahej Terminal

(C) Copyright Reuters 2026

Source: Vessel Finder

💧 LNGBunkering

Capital Maritime, LNG fuelling pioneer CMA CGM and energy major TotalEnergies have linked up 🤝 in a move into LNG bunker vessel newbuildings.

The trio’s joint venture is understood to have signed a letter of intent with Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering Co (CIMC SOE) for two 20,000-cbm 💧 LNGBV newbuildings.

(C) Copyright Tradewinds 2026

Source: CIMC SOE

🎬 LNGVideos

Inside the damage — Arctic Metagaz

In this video, you can clearly see the cargo tank opening, with visible damage to the GTT containment system and even the cargo pump tower exposed, something we almost never see on an LNG carrier.

For context, this vessel built in 2003 and known for decades of safe LNG operations was not lost due to technical failure. As shared in my previous posts, she was struck during a conflict-related incident in the Mediterranean, despite being a commercial LNG carrier with crew onboard.

What’s striking is that even after the impact and severe structural damage, the vessel remained afloat for a long time, highlighting the robustness of LNG ship design.

Source : Social Media

👨‍💻 LNGJobs

ADNOC Logistics and Services is looking for :

👉 LNG STEAM MOSS / Membrane

Master - Min 24 months on LNG

Chief Officer – Min 12 months on LNG

2nd Officer – Min 8 months on LNG

👉 LNG XDF/DFDE/MEGA experience

Chief Engineer - Min 24 months on LNG

2nd Engineer – Min 12 months on LNG

3rd Engineer – Min 8 months on LNG

4th Engineer - Min 6 months on LNG

ETO - Min 12 months on LNG

Gas Engineer - Min 12 months on LNG

Have a great week ahead !

Mustapha 👋🏻

📺 LNGAds

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