Qatar Energy awards contract to Technip Energies and CCC for the construction of two LNG trains in the North Field South. This milestone reinforces Qatar's commitment to meeting global natural gas demand and achieving its CO2 capture and sequestration targets.

Cyprus and Israel are discussing a pipeline linking their gas fields, but Cyprus' energy minister is suggesting a maritime corridor for the transport of liquefied gas instead, stressing the importance of natural gas supply and the search for efficient alternatives.

Natural gas prices in Spain continue to fall, reinforcing its position as the cheapest European market. Exports to France are increasing while domestic demand is growing.

Eni has successfully unloaded the first LNG cargo at the new Snam regasification terminal in Piombino. This acquisition of regasification capacity is part of Eni's strategy to diversify LNG supplies in Italy.

Air Products, the world leader in liquefied natural gas technology and equipment, has signed an agreement to supply its liquefied natural gas processing technology and equipment to Technip Energies for the Xi'An LNG project in China. Air Products' technology will make this the largest liquefaction plant in the world.

LS Power continues its expansion into the energy sector by announcing the acquisition of 2,145 MW of natural gas generating capacity in northern ERCOT, Texas. This acquisition strengthens LS Power's energy transition portfolio, which also includes renewable energy, energy storage and transportation infrastructure.

The EU is expanding its gas market correction mechanism to include additional virtual trading points, which will help protect the single market from gas price fluctuations. The European Commission believes that it is imperative to extend the mechanism to other VTPs, despite differing opinions.

TotalEnergies signs a three-year agreement with ADNOC Gas to supply it with liquefied natural gas and diversify its supply sources in Europe. This agreement is primarily aimed at the Asian market and is part of a search for energy security in the face of Russian dependence.

The Lenzing Group, world leader in special fibers for the textile and non-woven industries, has signed a contract for the acquisition of a 43 MW biomass power plant. This strategic acquisition will enable Lenzing to significantly reduce its dependence on fossil fuels.

April 27, 2023 marks a historic turning point for the Philippine energy industry. AG&P International Pte. Ltd, a global leader in gas infrastructure, announced the successful arrival of the first clean and affordable floating storage unit (FSU) of liquefied natural gas (LNG) at the Philippine LNG import terminal (PHLNG).