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.

Naturgy doubles first-half profits and reduces debt thanks to renewable energies and good international operating results despite the gas crisis.

Chevron relies on long-term contracts with U.S. exporters to build its LNG portfolio, and prefers to buy rather than build to differentiate itself from competitors in the U.S. LNG sector.

Asia is taking strategic steps to diversify its fuel sources, reducing its dependence on liquefied natural gas (LNG) despite falling prices. Asian governments and utilities have favored nuclear power, renewables, coal and fuel oil, helping to stabilize power grids while enhancing energy security in the region.