Guangzhou Gas' Nansha LNG terminal begins operations with the arrival of the LNG carrier MARAN GAS CORONIS, marking a crucial step forward in local energy planning. In addition, Guangzhou Gas plays a leading role on the energy scene thanks to international LNG contracts and its role as the main gas distributor in the city of Guangzhou.

The price of natural gas in Europe is at its highest level since mid-June, due to growing demand for liquefied natural gas from Asia and concerns about supply due to maintenance periods and a possible strike.

Soaring LNG prices in Europe following the strike call at Woodside and fears of shortages despite restocking following the conflict in Ukraine. Chevron is also threatened by a joint strike, risking hundreds of millions of dollars worth of LNG exports.

ADNOC, the United Arab Emirates energy group, signs a $3.6 billion contract to expand its gas processing infrastructure in partnership with a local company and a Spanish group.

Dana Gas, an energy company from the United Arab Emirates, has received $80 million from the Kurdish government in Iraq despite the challenges. Lower oil prices led to a 25% drop in net income, despite efforts to maintain production and cut costs.

A persistent heatwave is fueling gas-fired energy demand in Texas and the southeastern US, influencing market prices and weather conditions, while energy consumption in the Southeast is also impacting gas prices, with forecasts of inventory withdrawals and weather conditions in the South Central region.

Zhejiang Energy Group inaugurates its new LNG terminal in Wenzhou, China, with the arrival of its first LNG cargo from Indonesia, marking the start of operations despite the challenges of typhoons and government formalities.

ADNOC expands its gas assets in the Absheron project in the Caspian Sea, strengthening its international position in partnership with SOCAR and TotalEnergies. First successful gas delivery in July 2023.

Russian gas flows to Europe hit a record high in July thanks to exceptional deliveries via the TurkStream pipeline, according to an analysis by S&P Global Commodity Insights. Despite this spike, supplies remain historically low compared to a recent peak in March 2022, with limited deliveries via Ukraine and the European section of TurkStream.

Air Products is investing in its LNG manufacturing facility in Port Manatee, Florida, to increase production capacity and meet growing industry demand. The company aims to improve delivery times through innovations in manufacturing methods.