NGS’ NG/LNG SNAPSHOT June 16-30, 2026
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NATIONAL NEWS
City Gas Distribution & Auto LPG
Assam Govt Proposes VAT Cut On Piped Natural Gas From 14.5% To 5%
Assam Finance Minister Jayanta Malla Baruah on Friday proposed raising the annual income threshold for small tea growers to avail agricultural tax exemption from Rs 2.5 lakh to Rs 10 lakh, while presenting the state budget for 2026-27. The proposal, aimed at easing the tax burden on small tea cultivators, was among the key announcements in what is the first full budget of Chief Minister Himanta Biswa Sarma’s second consecutive term, presented during the ongoing Assembly session that began on July 6 and runs till July 31.
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Baruah also announced that the state government proposes to cut Value Added Tax on piped natural gas to 5% from the current 14.5%, a move he said was intended to promote the use of cleaner fuel across the state, PTI reported.
The tea sector, a mainstay of Assam’s economy and identity, has featured prominently in the state’s recent fiscal policy.
The government had earlier this year granted a three-year exemption on agricultural income tax to mark 200 years of the Assam tea industry, and small growers — who account for a significant share of the state’s tea production but often operate with thin margins — have periodically sought relief from taxation to remain competitive.
The budget comes as the Sarma government, having won a third successive term, looks to lay out its full economic roadmap after presenting only a vote-on-account ahead of the Assembly elections earlier this year.
The government has positioned Assam as an industrial gateway to India’s Northeast, with the budget expected to also address investment commitments across semiconductors, electronics, food processing, renewable energy and logistics.
Beyond the tea and gas sector announcements, the budget session is also set to see the introduction of several bills that have already cleared Cabinet approval, including legislation on tourism, shops and establishments, MSMEs, public trusts, satellite town development around Guwahati, and land and revenue regulations.
Further details of the budget’s welfare measures, infrastructure allocations and revenue projections are expected to be outlined through the remainder of Baruah’s speech in the Assembly.
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Only about fifth of PNG connection target set by government in March after West Asia war activated
NEW DELHI: More than 13 lakh new piped gas connections were activated across the country in the last six months – only about a fifth of the 60 lakh target set by government in March after the West Asia war disrupted energy supplies. According to Petroleum and Natural Gas Regulatory Board (PNGRB), which launched the National Piped Natural Gas (PNG) Drive 2.0 on Jan 1 to accelerate the adoption of piped gas for cooking and compressed natural gas (CNG) for automobiles, 15.3 lakh consumers registered for new PNG connections during the period, while city gas distribution companies provisioned 12.1 lakh connections and activated 13.4 lakh. While there are over 1.7 crore ready PNG connections across 312 geographical areas, the ones which are activated or billed are estimated to be over 1.1 crore.
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Officials said the network is ready for immediate activation of at least one crore connections, but higher taxes on PNG, the Rs 6,000 upfront security deposit, consumer reluctance and the lack of a sustained push from govt have prevented many LPG users from switching to piped gas. Unlike water and electricity, piped gas connections are not mandatory, and owners show little interest in properties they rent out.
“A large number of LPG consumers who can easily switch to PNG have multiple cylinders at home. They are sitting in a comfort zone. So far, there was no push from govt to make them shift to piped gas,” an official aware of the developments said.
Officials also cited the high cost of expanding pipeline networks, including charges levied by municipal bodies for laying infrastructure, as another factor behind the slow pace of new connections.
“But the pace has picked up. Between Oct and Dec 2025, nearly 3,000 new PNG connections were being installed every day across the country. That has now increased to more than 9,000 a day. Municipal bodies reduced the infrastructure charges after Centre issued directions during the conflict. Oil marketing companies have issued 90-day notices to many LPG consumers living in areas with PNG networks, asking them to switch. A de-duplication exercise to identify households with both LPG and PNG connections is also underway,” another official said.
The push to expand PNG gathered pace during the West Asia conflict as India imports nearly 90% of its LPG requirement from the Gulf, making cooking fuel supplies more vulnerable than natural gas.
PNGRB has set a target of 12.6 crore PNG connections by 2032. Officials said city gas distribution companies should by now have provisioned at least four crore households but have reached only a little over 1.7 crore.
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Natural Gas/ Pipelines/ Company News
BPCL acquires Videocon’s Oil & Gas interests in Brazil
Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and a Maharatna PSU, through its upstream entity, Bharat PetroResources Limited (BPRL) has successfully completed the acquisition of all of Videocon’s shareholding in its Brazilian Joint Venture company, IBV Brasil Petróleo Ltda. (IBV). The acquisition was made through step-down subsidiaries of BPRL and with this, BPRL’s ownership in IBV has increased from 65.40% to 100%, making IBV its wholly owned subsidiary.
BPRL had earlier exercised its Right of First Refusal available under the shareholders’ agreement of IBV to acquire the stake of the remaining shareholder in IBV. After all due approvals and necessary registrations from Brazilian authorities, the transaction has now been consummated.
Strategic Relevance Amid Global Energy Volatility
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The acquisition assumes added strategic significance at a time when global energy markets continue to experience heightened volatility driven by geopolitical developments and supply-side constraints. Disruptions across key producing regions and critical energy supply corridors have reinforced the importance of diversifying energy sources and building resilient, long-term supply networks.
IBV holds participating interests in oil & gas Concessions in Brazil including BM-SEAL-11 and BM-C-30 Concessions. The aforementioned acquisition has the potential to add equity oil and gas production of approximately 1 Million Tons of oil equivalent per annum, upon commencement of production from the BM-SEAL-11 Concession. BM-SEAL-11 Concession, in which IBV holds 40% participating interests and the remaining interest held by Petrobras, is currently progressing through the development phase, with the contract for the Floating Production Storage and Offloading (FPSO) unit having been executed in May 2026.
Commenting on the transaction, Chairman and Managing Director, BPCL, Mr. Sanjay Khanna said, “This acquisition marks a significant milestone in our overseas upstream growth journey. By increasing our stake in a strategic developing asset, we are reinforcing our long-term commitment to strengthening our global energy portfolio and contributing to India’s energy security through secure and sustainable access to hydrocarbon resources”
https://voiceofkolkata.com/bpcl-acquires-videocons-oil-gas-interests-in-brazil/
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Deep Industries bags Rs 49-cr ONGC contract for natural gas compression services
Deep Industries announced that it has received a Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC) for charter hiring services for natural gas compression at GGS Paliyad under the Ahmedabad Asset. The contract, valued at approximately Rs 49.10 crore, has been awarded for a period of five years. The order covers charter hiring services for natural gas compression at Paliyad in ONGC’s Ahmedabad Asset.
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The company clarified that the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the award.
Deep Industries is a one stop solution provider in the business of various oil and gas support services.
On a consolidated basis, Deep Industries reported net loss of Rs 14.36 crore in Q4 March 2026 as against net loss of Rs 209.17 crore in Q4 March 2025. Net sales rose 48.72% YoY to Rs 248.71 crore in Q4 March 2026.
The counter slipped 2.62% to Rs 444 on the BSE.
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Disclaimer: No Business Standard Journalist was involved in creation of this content
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Policy Matters/ Gas Pricing/ Others
Gas Cylinder Rules Change From July 1: 10 Major Updates Every LPG Consumer Must Know Before Buying It
Gas Cylinder Rules Change From July 1: LPG (Liquefied Petroleum Gas) plays a vital role in multiple Indian households as it replaces traditional, polluting solid fuels, helping to save millions. While there is a big update on the gas cylinder rule that is going to be implemented by July 1. Households that have received a Piped Natural Gas (PNG) connection are now required to cancel their traditional LPG connection, which includes Indane, Bharat Gas, or HP Gas, within 30 days of their new PNG activation.
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The updated guidelines enforce stricter regulations for LPG supply and require action if you fall into one of the transition zones.
Why Gas Cylinder Rules Change Every Month?
The changes are primarily driven by shifts in international crude oil benchmarks; foreign exchange rates, i.e., Rupee-Dollar value; and adjustments made to government subsidies to align domestic retail prices with global production and shipping prices. Meanwhile, the domestic household cylinder prices are stabilised by government welfare schemes; commercial cylinders, which are primarily used by hotels and restaurants, are revised dynamically to reflect real-time international energy market fluctuations.
Gas Cylinder Rules Change From July 1: 10 Major Updates Every Consumer Should Know About!
The Indian government and oil marketing companies, including Indian Oil, Bharat Petroleum, and HP Gas, have implemented major safety, distribution, and pricing guidelines for cooking gas from July 1.
Mandatory e-KYC: Completing e-KYC is now mandatory to ensure uninterrupted delivery and receive direct government subsidies.
One House, One Connection Rule: Households with active PNG (Piped Natural Gas) connections are prohibited from holding a domestic LPG cylinder simultaneously.
Surrender Deadline: Consumers who newly acquire PNG must surrender their domestic LPG connection or get a Transfer Voucher within 30 days.
Delivery OTP Verification: To curb black marketing and ensure authentic delivery, cylinders will not be handed over without a valid OTP provided at the door.
Cylinder Booking Limits: To prevent hoarding, urban consumers are now restricted from booking a second refill until 25 days have passed since their last booking.
45-Day Booking Rule for Villages: The refill booking lock-in period for rural areas and village consumers is capped at 45 days.
Connection Restoration: If you move to an area without PNG, you can officially restore and reactivate your surrendered LPG connection.
Price Adjustments: 19 kg commercial cylinder prices and 5 kg Chottu gas cylinders are subject to revised monthly rate evaluations based on global crude indexes.
Domestic LPG Price Stability: Standard 14.2 kg domestic cooking gas rates continue to be tightly regulated, with government subsidies of ₹300 per cylinder available for Ujjwala beneficiaries.
Aadhaar Verification: Ensuring transparent distribution, users must link their Aadhaar data to their gas distributor and banking accounts to maintain uninterrupted subsidy disbursal.
The changed prices will impact commercial users, and a reduced international crude price is expected to welcome rate cuts, giving small businesses, i.e., hotels and restaurants, that are much needed relief after prior hikes.
Disclaimer: This article is for entertainment and informational purposes only. Readers are advised to follow official government updates and local administration advisories for the latest information.
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LNG Use / LNG Development and Shipping
MoEFCC Approves Rs 3,400 Cr Expansion Of IndianOil LNG’s Ennore Terminal
The Union Ministry of Environment, Forest and Climate Change (MoEFCC) has approved the environmental clearance for the Rs 3,400-crore expansion of IndianOil LNG Pvt Ltd’s Ennore LNG terminal in Tamil Nadu, according to a media report. The approval will allow the terminal’s regasification capacity to be doubled from 5 million tonnes per annum (MTPA) to 10 MTPA, strengthening the supply of natural gas to industrial and city gas consumers across southern India.
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Located at Kamarajar Port in Ennore, the terminal was commissioned in 2019 as the first LNG import and regasification facility on India’s east coast. The project was initially designed with provisions to expand capacity in line with future demand.
As part of the expansion, regasification capacity will increase from 20 million standard cubic metres per day (MMSCMD) to 40 MMSCMD. The additional capacity is expected to meet rising demand for regasified LNG (RLNG) from industries, power plants, fertiliser units and city gas distribution networks in Tamil Nadu, Andhra Pradesh and Karnataka, the report said.
The project will be implemented within the existing terminal premises, eliminating the need for additional land acquisition. The expanded facility will also support supplies of piped natural gas (PNG) to households and compressed natural gas (CNG) for the transport sector.
According to the report, the expansion is expected to be completed in around 54 months. It is also aligned with the Centre’s target of increasing the share of natural gas in India’s primary energy basket from about 6 per cent to 15 per cent by 2030.
Apart from meeting domestic demand, the higher-capacity terminal is expected to strengthen India’s LNG infrastructure by enabling services such as LNG bunkering, break-bulk cargo handling and exports to neighbouring countries including Sri Lanka, Bangladesh and Myanmar.
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Govt plans LNG buffer mandate for terminals
India is weighing a plan to fund emergency liquefied natural gas stockpiles. This initiative aims to bolster supply security after recent global disruptions. Policymakers are considering raising regasification tolls to finance expanded terminal storage capacity. Terminal operators could recover investment costs by charging higher fees to importers. This approach seeks to build storage faster than direct government financing.
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New Delhi: India is weighing a plan to fund emergency liquefied natural gas (LNG) stockpiles at import terminals by raising regasification tolls, according to people familiar with the matter.
The Iran war and the resulting disruption to LNG supplies through the Strait of Hormuz exposed India’s vulnerability to supply shocks, prompting policymakers to revive plans for strategic gas storage. The idea has been considered before, but was shelved largely because of its high cost.
Instead of creating strategic storage in depleted gas fields, a prohibitively expensive option, the government is considering mandating LNG terminal operators to expand storage capacity at their import terminals, the people said. No final decision has been taken on this, and the amount of additional capacity that operators would be required to build is still being weighed.
Rather than funding the project through the budget, policymakers are weighing a proposal to allow terminal operators to recover their investment by charging higher regasification tolls. Gas importers could then pass on the additional costs to customers further down the value chain.
Imported LNG is converted into natural gas at import terminals before being fed into the pipeline network. Terminal operators currently charge a regasification fee of about ₹65-80 per mmBtu for the service.
Mandating terminal operators would help build the storage faster than having the government finance and execute the project itself, the people said. However, some cautioned that most Indian LNG terminals are already deeply underutilised, and imposing another layer of costs on importers could further weigh on terminal utilisation and domestic gas demand.
The government has also encouraged private-sector participation in building and operating strategic crude oil reserves to reduce the fiscal burden. “You do not run a country off a few caverns, because energy locked underground earns nothing and costs a great deal to hold,” oil minister Hardeep Singh Puri recently wrote while explaining India’s approach to strategic petroleum reserves.
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India, Japan eye LNG stockpiling partnership amid global supply uncertainty as Sanae Takaichi arrives today: Report
India and Japan will be signing a deal on liquefied natural gas (LNG) supplies as the latter’s PM Sanae Takaichi lands in New Delhi on Wednesday for her annual summit with Prime Minister Narendra Modi, as per a report by Economic Times. This deal comes amid global supply chain disruptions of crude oil and LNG due to the war in West Asia between the United States and Iran.
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The Indian and Japanese governments are planning to set up a joint task force which will cooperate on LNG stockpiling. This pact is expected to be finalised in the Modi-Takaichi summit, the publication reported.
This move will help both countries tackle supply chain woes in the future and solidify their energy security. This will also boost information-sharing as well as dialogue between the two nations. The establishment of the task force will be mentioned in the joint statement issued at the end of the summit, the report reveals citing people in the know.
While India deeply relies on West Asia for its LNG, Japan only imports 10% of its LNG from the region. Takaichi’s India tour, which is her first since she became prime minister, will begin today.
Other topics under disucssion
During the summit, the two governments are also expected to reach agreements on critical mineral supply chains, semiconductors, as well as advance cooperation on artificial intelligence and other new technologies. Takaichi will be accompanied by a number of Japanese companies during her visit, including Toshihiro Suzuki, the president of Suzuki Motor, and executives from Toyota Tshusho, which is the trading arm of Toyota.
Proposals regarding a large-scale green ammonia project in Odisha and promoting regional resilience via POWERR Asia will also be discussed in the summit, ANI reported citing sources familiar with the matter.
“The visit aims to boost economic growth through investment and innovation. There will be a focus on strengthening economic security, including building resilient supply chains in areas like semiconductors and critical minerals,” the news agency quoted a source as saying.
India and Japan upgraded ties to a Special Strategic and Global Partnership in 2014.
ANI cited sources to reveal that Modi’s visit to Japan last August set the direction for the next decade, prioritising security, economy, investment, innovation, and people-to-people exchanges.
They said India is an indispensable partner in advancing the updated ‘Free and Open Indo-Pacific (FOIP)’ put forward by PM Takaichi. Both nations seek to promote an international order based on the rule of law.
Lowering reliance on US dollars
India and Japan are also looking at advancing plans for a local-currency settlement framework which would allow direct transactions in rupee and yen for bilateral trade, thereby reducing reliance on the US dollar, as per a report by Nikkei Asia.
This proposal might also find a place in the joint framework at the end of the summit.
If this materialises, it would be the first time that a joint statement between the leaders of the two countries includes a currency cooperation framework.
As per the proposal, Japanese non-residents will be able to open accounts with Indian banks, thus enabling cross-border payments directly in yen and rupees between financial institutions in both countries.
With agency inputs
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IndianOil LNG gets green nod for ₹3,400-crore Ennore LNG terminal expansion
The project will double the terminal’s regasification capacity from 5 MTPA to 10 MTPA, increasing gas supply to industries, power plants, fertiliser units and city gas networks across Tamil Nadu, Andhra Pradesh and Karnataka The Union Ministry of Environment, Forest and Climate Change (MoEFCC) has granted environmental clearance for the ₹3,400-crore expansion of IndianOil LNG Pvt Ltd’s (IOLPL) Ennore LNG terminal in North Chennai. This will pave the way for doubling the facility’s regasification capacity from 5 million tonnes per annum (MTPA) to 10 MTPA.
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IndianOil LNG Private Ltd, a joint venture of Indian Oil Corporation Ltd, commissioned the country’s first LNG import and regasification terminal on the east coast at Ennore in 2019 after construction began in 2015. The facility was originally designed with a capacity of 5 MMTPA and provisions for future expansion to 10 MMTPA.
The proposed expansion is driven by rising natural gas demand in the Ennore catchment area. The enhanced facility will increase regasification capacity from 20 million standard cubic metres per day (MMSCMD) to 40 MMSCMD, enabling greater supplies of regasified LNG (RLNG) to industries across Tamil Nadu, Andhra Pradesh and Karnataka, the company said in a filing with the Environment ministry.
The gas will cater to power plants, fertilizer units, industrial consumers, and city gas distribution networks, including piped natural gas for households and compressed natural gas for the transport sector, the company said in the filing.
The expansion project will be executed within the existing terminal premises at Kamarajar Port in Ennore without acquiring additional land.
The expansion is expected to be completed in 54 months and will support the Centre’s objective of increasing the share of natural gas in India’s energy mix from about 6 per cent to 15 per cent by 2030, sources said.
Besides meeting growing domestic demand, the project is also expected to create opportunities for LNG bunkering, break-bulk operations and exports to neighbouring countries such as Sri Lanka, Bangladesh and Myanmar.
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India and Australia Strengthen Energy Partnership Around LNG and Uranium
India and Australia have reaffirmed their joint commitment to maintaining stable and reliable energy flows, following discussions held in Melbourne on July 9 between Indian Prime Minister Narendra Modi and his Australian counterpart Anthony Albanese. According to a statement from the Indian Prime Minister’s office published on the Press Information Bureau (PIB) website, both countries intend to strengthen their energy trade, including liquefied natural gas (LNG) flows. Australia, whose gas sector underpins numerous long-term supply contracts — such as Chevron’s supply of 46 petajoules of gas to Alinta Energy in Western Australia — is recognised by New Delhi as a strategic LNG supplier. In turn, India is described as a key supplier of liquid fuels and refined products to the Australian market, according to the PIB.
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Australian Uranium to India: Administrative Arrangements Finalized
The two countries announced the finalization of administrative arrangements enabling the export of Australian uranium to India, for exclusively peaceful purposes and under International Atomic Energy Agency (IAEA) safeguards. These arrangements fall under the Australia-India Nuclear Cooperation Agreement concluded in 2015. In this context, India has secured access to Australian uranium to fuel its civil nuclear programme, a matter closely tied to New Delhi’s long-term nuclear ambitions. Both governments stressed the importance of trusted private-sector partnerships and strategic investments in ensuring sustainable and reliable energy flows.
Both countries also expressed concern over the situation in the Middle East and its consequences for energy supplies and commodity supply chains. They noted that open markets and rules-based trade were necessary to underpin economic security. Australia and India called on regional partners to work together to keep global energy resource supply chains open.
Energy Security for Pacific Island States
Both governments highlighted the specific energy resource security vulnerabilities facing Pacific Island states. They reaffirmed their commitment to “maintaining a stable, secure and reliable supply of energy products, such as coal, diesel, other liquid fuels, and natural gas,” according to the PIB statement. The security of supply for these territories was presented as a key factor in their resilience and economic prosperity.
On the commercial front, the Australia-India Economic Cooperation and Trade Agreement (ECTA), signed on April 2, 2022 and entered into force on December 29, 2022, provides the bilateral framework for these exchanges. Prime Minister Modi indicated that the two countries had decided to accelerate work on Comprehensive Economic Cooperation, citing “unprecedented progress over the past few years.” The India-Australia Comprehensive Strategic Partnership of 2022 was also cited as a continuously expanding framework.
Energy Transition and Low Carbon Fuels
Both countries committed to accelerating the energy transition, promoting renewable energy, and strengthening cooperation on low carbon fuels. Australia took note of India’s Global Biofuels Alliance (GBA) initiative, which New Delhi is championing on the international stage. Both governments also reaffirmed their support for open trade arrangements for energy and liquid fuels, a condition they consider necessary for regional energy security.
https://energynews.pro/en/india-and-australia-strengthen-energy-partnership-around-lng-and-uranium
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India, Japan to sign LNG security pact during PM Modi-Takaichi bilateral
India and Japan are set to sign an agreement to strengthen liquefied natural gas (LNG) supply security amid ongoing global supply chain disruptions, with the pact expected to be concluded during Thursday’s annual summit between Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi. The two countries are considering setting up a joint task force to coordinate LNG stockpiling, improve energy security cooperation and promote information-sharing between their governments, people familiar with the matter said, as quoted by ET.
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The creation of the task force is expected to be included in the joint statement issued after the summit.
The move comes as both countries look to prepare for possible future disruptions in global energy markets. India remains heavily dependent on West Asia for LNG supplies, while Japan sources around 10 per cent of its LNG imports from the region.
Energy security, critical minerals and AI on summit agenda
Takaichi’s three-day visit to India, beginning Wednesday, is expected to focus heavily on economic security and strengthening supply chains in key sectors.
The summit is likely to result in agreements covering energy resilience, critical minerals, semiconductors, artificial intelligence and other emerging technologies.
The two countries are expected to announce around a dozen government-level agreements and nearly 120 memoranda of understanding between private companies during the visit.
A joint statement on AI cooperation and a declaration on economic security, including diversification of energy resources and decarbonisation efforts, are likely to be among the major outcomes.
The leaders are also expected to discuss cooperation in areas such as critical mineral exploration, mobility, pharmaceuticals, biogas and upstream oil and gas development, according to diplomatic sources.
Japan is also expected to highlight planned private-sector investments of around 10 trillion yen in India over the next decade during the India-Japan Joint Economic Forum, which will be attended by more than 100 Japanese business leaders.
Executives from companies including Suzuki Motor, Itochu and Toyota Tsusho are expected to be part of Takaichi’s delegation.
Strategic partnership amid regional uncertainties
The summit comes at a time when both countries are seeking deeper strategic coordination amid changing geopolitical dynamics in the Indo-Pacific.
Takaichi is expected to push for stronger cooperation with India as China expands its influence in the region and questions remain over the future role of the US in regional affairs.
Economic security is likely to dominate discussions, with both sides focusing on building resilient supply chains in semiconductors, critical minerals and energy.
The leaders are also expected to discuss regional issues, including developments in Ukraine, West Asia and the Indo-Pacific, while reaffirming their commitment to the Quad grouping involving India, Japan, the US and Australia.
The summit will build on the India-Japan Joint Vision for the Next Decade adopted during the previous annual meeting in Tokyo in 2025. The framework identified cooperation areas including the economy, economic security, mobility, environment, technology and innovation, health, people-to-people ties and state-level engagement.
Japan and India are also expected to advance discussions on energy resilience initiatives in the Indo-Pacific, including Japan’s Partnership on Wide Energy and Resources Resilience Asia (POWERR Asia), launched after disruptions caused by the West Asia conflict and shipping challenges in the Strait of Hormuz.
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CONCOR, GAIL sign 15-year pact to set up LNG dispensing station at Ahmedabad ICD
To support the project’s commercial viability, CONCOR will deploy a dedicated fleet of 15 LNG-powered commercial vehicles from the first year of the contract. Container Corporation of India Ltd (CONCOR) and GAIL (India) Ltd on Thursday said they have signed a 15-year agreement to establish a Liquefied Natural Gas (LNG) dispensing station at CONCOR’s Inland Container Depot (ICD) in Khodiyar, Ahmedabad.
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Under the agreement, GAIL will have exclusive operational control of the facility and will invest in setting up the retail LNG outlet infrastructure. CONCOR will provide a dedicated land parcel of about 3,000 square metres at its Ahmedabad terminal along with utility connectivity.
According to the company’s statement, the project aims to support the transition of India’s heavy-duty commercial logistics sector towards cleaner fuel alternatives.
To support the project’s commercial viability, CONCOR has committed to deploying a dedicated fleet of 15 LNG-powered commercial vehicles from the first year of the contract.
The companies said the LNG dispensing station will operate round the clock and cater to CONCOR’s logistics fleet as well as commercial vehicles from the open market.
The agreement was signed by Mani Bhushan Singh, GGM (Projects & Services), CONCOR, and Hitendra Kumar Garg, Executive Director (Marketing), GAIL, in the presence of Swayambhu Arya, Executive Director (Projects & Services), CONCOR, and senior officials of both companies in New Delhi.
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Electric Mobility/ Hydrogen/Bio-Methane
Odisha secures ₹67K cr Japan-backed investment in green energy projects
Odisha on Friday added another major investment to its industrial pipeline, signing an agreement with Japan’s IHI Corporation and Gurugram-headquartered ACME Group for clean energy and projects involving a cumulative investment of ₹67,000 crore. The memorandum of cooperation (MoC) was signed a day after the state secured the country’s largest proposed foreign direct investment in mining and metallurgy through the $11.5-billion aluminium project to be set up by a joint venture between Adani Enterprises Limited and UAE’s International Resources Holding.The MoC was inked during a visit by the Japanese business delegation, reflecting the state’s push to deepen economic ties with Japan and attract investments. It is part of the historic India-Japan clean energy partnership jointly announced by Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi in New Delhi.
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Under the proposed investment plan, the consortium will establish a 405,000 tonne per annum green ammonia project at Tata Steel SEZ in Ganjam district’s Gopalpur with an investment of ₹20,000 crore. Along with this, a jetty-less floating terminal infrastructure will be developed in Gopalpur with a further investment of ₹1,000 crore to facilitate exports.
The second and larger project involves an 800,000 tonnes per annum green ammonia plant in Paradip, Jagatsinghpur district, with an investment of ₹34,000 crore. The investment proposal also includes a green methanol project at Paradip involving an additional investment of ₹12,000 crore, taking the total proposed investment to ₹67,000 crore.
The proposed investments on large-scale green ammonia and methanol production are expected to generate around 7,000 jobs and strengthen Odisha’s emergence as a hub for green hydrogen, renewable energy and advanced manufacturing.
ACME’s Gopalpur project has been selected under Japan’s flagship Contract for Difference subsidy programme, seeking to bridge the cost gap between green and conventional ammonia for various Japanese off-takers for a 25-year period starting September 2030 for delivery of clean ammonia to Japan.
Besides investments, the partnership is expected to facilitate technology transfer, strengthen sustainable industrialisation and create opportunities for ancillary industries, small businesses and skilled youth. The collaboration also seeks to leverage Odisha’s natural resources, strategic coastal location and industrial ecosystem to develop globally competitive clean energy and industrial projects.
Chief Minister Mohan Charan Majhi described Japan as one of India’s most trusted development and investment partners. He said the MoC with IHI Corporation and ACME Group marked another important milestone in Odisha’s industrial journey.
He invited more Japanese companies to invest in the state. “Such partnerships will help build globally competitive industries, create quality employment, facilitate technology transfer and contribute towards the vision of Samruddha Odisha 2036 and Viksit Bharat 2047,” he said.
Hiroshi Ide, representative director and president of IHI Corporation, said Odisha offered a unique combination of industrial capability, strategic location, natural resources and a strong commitment to sustainable industrial development. He said the company looked forward to working closely with the Odisha government and ACME Group by bringing Japanese technology expertise to develop projects that would contribute to India’s clean energy transition while creating long-term industrial value, employment and economic growth in Odisha.
Japanese industry leaders also discussed expanding collaboration across green hydrogen, green ammonia, aerospace, advanced manufacturing, shipbuilding, machinery, chemicals, steel, logistics, renewable energy and industrial infrastructure. Representatives from Mitsubishi Gas Chemical Company and several other Japanese enterprises held discussions with the Odisha government to explore future investment opportunities in these sectors.
Manoj Upadhyay, founder and chairman of ACME Group, said the company is committed to building globally competitive clean energy ecosystems that support India’s energy transition and industrial growth.
“The collaboration combined policy support from the Odisha government, Japanese technology and ACME’s project development expertise to explore next-generation green energy solutions. The locations in the state are strategically suitable as the green ammonia produced here can reach Japan faster,” he said.
Industries Minister Sampad Chandra Swain said Odisha has emerged as one of the country’s most attractive investment destinations because of its industrial policies, modern infrastructure and responsive governance. He assured investors that the government will provide seamless facilitation to ensure timely implementation of the proposed projects and expressed confidence that Odisha’s engagement with Japanese industry would continue to expand.
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Bharat Petroleum to expand retail offerings, EV charging network
Bharat Petroleum Corporation Ltd is investing significantly to expand its retail offerings. The company aims to increase its market share by 2030. BPCL is expanding its electric vehicle charging network across major highways. It is also scaling up its Drive Fresh and Be Cafe initiatives. This strategy seeks to make travel more convenient for customers.
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Mumbai: State-run Bharat Petroleum Corporation Ltd (BPCL) is revamping its marketing strategy to sell more than just fuel as it looks to expand its market share. The country’s second-largest fuel retailer, with a market capitalisation of ₹1.33 lakh crore, plans to invest ₹10,000-12,000 crore this fiscal to expand its retail offerings and services aimed at making travel easier and more convenient.
The company is targeting an increase in its market share from 29.9% currently to 32% by 2030, a senior company official said. “We are moving away from being product-centric to solution-centric. We want to immerse ourselves in the customer’s energy journey,” Subhankar Sen, Director (Marketing), BPCL, told ET, adding it would be the company’s biggest-ever marketing investment.
A key part of the strategy is expanding its EV charging network. BPCL has installed fast chargers every 100-150 km on major highways under its eDrive brand. It said it has covered about 50,000 km of highways, enabling EV travel on routes such as Mumbai-Bengaluru, Mumbai-Srinagar and Mumbai-Kerala. The network currently records over 1.72 lakh charging sessions every month.
BPCL believes concerns over charging availability and driving range continue to discourage EV adoption. It expects its charging network to help address these issues. The company is also expanding its Drive Fresh initiative, which provides clean washrooms at fuel stations. It is scaling up Be Cafe, its food and beverage brand, across fuel stations as well as airports, malls and high streets.
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India poised to pioneer global transition to hydrogen fuel, says Suresh Gopi
India would most likely serve as a model to the modern world for transition to hydrogen fuel, Union Minister of State for Petroleum and Natural Gas Suresh Gopi said in Coimbatore on Tuesday. Alluding to Global Green Hydrogen Leadership under National Green Hydrogen Mission, the Union Minister said after inaugurating the Swachhta Pakhwada Campaign at Sri Ramakrishna College of Arts and Science that the collective responsibility vested with all citizens to use fossil fuel judiciously until the transition takes place.
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Logistics and infrastructure development warrants planning prioritising environmentally sustainable outcome. Until progress is attained in transitioning to hydrogen (for fuelling economic growth), all have a responsibility to mitigate the environmental impact of fossil fuel, the Minister said at the programme organised by the college jointly with BPCL.
The Swatchhta Pakhwada, the fortnight-long cleanliness drive ought to be viewed as a duration of immersion for year-long activities to safeguard environment, he said, underscoring the imperative participation of people in remedial measures to recompense for the damage caused to the environment.
The Minister exhorted every citizen to plant a tree and name it after their mother for nurturing the saplings responsibly with an emotional connect.
Presiding over, Biju Gopinath, Executive Director (Pipelines), BPCL, explained how Swachhta Pakhwada Mission blends civic sense with sensitivity towards environment.
Flanked by College Principal and Secretary B. L. Shivakumar; Chief Administrative Officer of SNR Sons Charitable Trust; and NSS Coordinator S. Pragatheeshwaran, Mr. Suresh Gopi later planted a sapling on the premises.
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Japan’s $3 Billion backing gives major fillip to India’s Green Hydrogen Mission
Japan’s decision to support the ACME Group-IHI Corporation green ammonia joint venture in Odisha with a US$3 billion (¥480 billion) grant under its flagship Contract for Difference (CfD) programme marks one of the strongest commercial endorsements yet of India’s Green Hydrogen Mission. The support provides 25 years of price backing for 2,28,000 tonnes per annum (TPA) of green ammonia exports from the project’s Gopalpur facility beginning September 2030.
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What makes the project significant is that, unlike many green hydrogen ventures still searching for buyers, the Gopalpur plant already has identified demand in Japan. Companies including IHI Corporation, Mitsubishi Gas Chemical, Hokkaido Electric Power, Nippon Beet Sugar Manufacturing, Kobelco Power Kobe, Sumitomo Chemical and UBE Corporation are expected to procure green ammonia from the facility.
The project has also secured additional backing through Japan’s Long-Term Decarbonised Power Source Auction (LTDA) programme. The remaining 1,77,000 TPA of the plant’s planned 4,05,000 TPA capacity has been earmarked for Japan’s power sector, effectively providing long-term demand support for the project’s entire output.
“This is one of the big grants we were pursuing for the last 2.5 years,” said Anil Taparia, CEO of ACME Green Molecules Business, describing the selection as a major achievement given intense global competition for Japanese hydrogen and ammonia subsidies.
The twin Japanese mechanisms address one of the biggest hurdles facing the green hydrogen industry: commercial viability. While India’s National Green Hydrogen Mission aims to make the country a major producer and exporter, securing long-term buyers and predictable revenues remains essential for attracting project financing. The CfD programme bridges the cost gap between green and conventional ammonia, while the LTDA mechanism guarantees long-term demand, improving project bankability and investor confidence.
The Gopalpur plant is part of ACME Group’s larger green ammonia strategy in Odisha. The company is also developing an 8,00,000 TPA green ammonia facility at Paradip, targeted for commissioning by 2029. The project already has a 3,70,000 TPA Green Ammonia Purchase Agreement with the Solar Energy Corporation of India (SECI), while another 83,000 TPA has now been allocated under Japan’s LTDA programme.
Together, the Gopalpur and Paradip projects give ACME more than 1.2 million TPA of planned green ammonia capacity in Odisha, making it one of India’s largest green hydrogen and ammonia development platforms.
Expected to commence operations in 2030, the ACME-IHI venture is also emerging as one of the first major outcomes of the India-Japan Clean Energy Partnership, combining India’s low-cost renewable energy and manufacturing capabilities with Japan’s industrial demand and engineering expertise.
Beyond ACME, the project could become an important proof point for India’s Green Hydrogen Mission, demonstrating that the country can move beyond policy ambitions and establish globally competitive exports of green molecules at scale.
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PM Modi Inaugurates SJVN’s 1,000 MW Bikaner Solar Power Project
New Delhi: Prime Minister Narendra Modi inaugurated SJVN’s 1,000 MW Bikaner Solar Power Project from Pachpadra in Rajasthan, marking a major addition to India’s renewable energy capacity and strengthening the country’s push towards clean and sustainable power generation. Developed by SJVN Green Energy Limited (SGEL), the renewable energy arm of SJVN, the project has been set up in Bikaner with an investment of around ₹5,492 crore. Spread over nearly 5,000 acres, it is India’s largest single-location Engineering, Procurement and Construction (EPC) solar project under the Domestic Content Requirement (DCR) category.
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The project is expected to generate about 2,454.84 million units (MU) of electricity in its first year of operation and nearly 56,482.14 MU of clean energy during its 25-year operational life. Power generated from the plant will be supplied to Rajasthan (500 MW), Uttarakhand (200 MW) and Jammu and Kashmir (300 MW), helping strengthen the country’s clean energy network.
According to SJVN, the project is estimated to prevent nearly 2.79 billion kilograms of carbon emissions over its operational life, contributing significantly to India’s climate commitments and environmental sustainability goals.
A key feature of the project is its reliance on domestically manufactured equipment under the Centre’s Make in India and Atmanirbhar Bharat initiatives. Around 24.22 lakh DCR solar modules and nearly 175 crore indigenous solar cells have been used, giving a major boost to the domestic renewable energy manufacturing sector.
The project has also contributed to the local economy by generating more than 2,000 direct and indirect employment opportunities during construction and commissioning. It has further supported the development of roads, transmission infrastructure and other associated facilities in the Bikaner region.
SJVN, a Navratna Central Public Sector Enterprise under the Ministry of Power, currently has an installed generation capacity of 4,196.5 MW and operates two transmission lines totalling 123 kilometres. The commissioning of the Bikaner Solar Power Project marks another significant step in the company’s efforts to expand its renewable energy portfolio and support India’s vision of achieving energy security through clean power.
https://thenewshimachal.com/2026/07/pm-modi-inaugurates-sjvns-1000-mw-bikaner-solar-power-project/
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MoU signed with Japanese Suzuki, NDDB to set up compressed bio-gas plant in Assam
Guwahati: In a move aimed at promoting sustainable development and clean energy in Assam, the National Dairy Development Board (NDDB), Suzuki R&D Centre India Pvt. Ltd. (SRDI) and North East Dairy and Foods Ltd. (NEDFL signed a Memorandum of Understanding (MoU) to establish a compressed biogas plant in Assam.
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North East Dairy and Foods Limited (NEDFL), which markets dairy products under the Purabi brand, is a joint venture between the government of Assam and NDDB.
The company markets dairy products under the Purabi brand and has been playing a key role in strengthening Assam’s cooperative dairy sector and supporting dairy farmers across the state.
The proposed project marks a significant milestone in Assam’s journey towards a circular economy by converting agricultural and dairy waste into compressed biogas, a clean and renewable fuel, and organic fertiliser. Compressed biogas can be used as a clean fuel for vehicles and industrial applications, making it an alternative to conventional fossil fuels while helping reduce emissions. The initiative is expected to promote scientific waste management, reduce greenhouse gas emissions, strengthen rural livelihoods and contribute to cleaner mobility, said a statement issued on Sunday.
Under the collaboration, NDDB will provide technical and institutional support for the project. NEDFL will execute the project, operate the proposed CBG plant and undertake the marketing and sale of the compressed biogas and bio-fertilizers produced. Suzuki R&D India will invest in the project and realise the associated carbon benefits arising from the reduction in carbon emissions.
The project is also expected to create an additional source of income for farmers by generating value from agricultural and dairy waste, while the organic fertiliser produced will support sustainable agricultural practices and improve soil health, it said.
The MoU was signed on July 2 in the presence of Toshihiro Suzuki, President, Suzuki Motor Corporation and Meenesh Shah, Chairman, NDDB, and was signed by S Rajeev, Executive Director of NDDB, Satya Brata Bose, Managing Director of NEDFL and Kenichiro Toyofuku, Director of SRDI
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INTERNATIONAL NEWS
Natural Gas / Transnational Pipelines/ Others
Israel: New Pipeline Boosts Israel’s Gas Exports to Egypt
State-owned company Israel Natural Gas Lines Ltd. (INGL) completed the expansion of its natural gas transmission system with the commissioning of a new subsea section between Ashdod and Ashkelon, an infrastructure that will gradually increase Israeli gas exports to Egypt under the commercial agreement signed with Blue Ocean Energy.
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Thus, the project’s completion enables the first increase in gas shipments from the Leviathan field, located off the Israeli coast. This measure fulfills the technical conditions established to expand the supply contemplated in the export contract signed between the gas field consortium and the purchasing company.
Gas Exports to Egypt to Increase in 2 Stages
The new subsea section is approximately 46 kilometers long and increases the Eastern Mediterranean transmission system’s capacity to 850 million cubic feet per day, equivalent to about 8.5 billion cubic meters annually.
As a result, the Leviathan field will be able to supply approximately 6.5 billion cubic meters of gas per year to Egypt via this route, a quantity that adds to the nearly 2 billion cubic meters annually already exported through the Jordan North pipeline.
Leviathan Expands Production Capacity
In parallel, the project partners completed the installation of the third pipeline connecting the field to the production platform during 2026. This expansion increased Leviathan’s production capacity to approximately 14 billion cubic meters annually, strengthening its ability to supply both the Israeli domestic market and international commitments.
The Leviathan field is operated by Chevron and includes the participation of NewMed Energy and Ratio Energies, companies responsible for the development and commercialization of Israel’s largest natural gas field.
Agreement Foresees Two-Stage Expansion
The contract signed between the Leviathan consortium and Blue Ocean Energy foresees increasing gas supply to Egypt by 130 billion cubic meters, an operation with an estimated value of 35 billion dollars.
In a first stage, exports will grow from approximately 4.7 billion to nearly 6.7 billion cubic meters annually, thanks to the commissioning of the new pipeline and improvements made to the production system.
Subsequently, a second phase will allow exports to increase to a range of 11.9 billion to 12.9 billion cubic meters per year, provided that the additional expansion of the field is completed and the transmission agreements associated with the future Nitzana onshore pipeline, intended to reinforce the energy interconnection between Israel and Egypt, come into force.
A Key Infrastructure for the Regional Energy Market
The expansion of the transmission system represents one of the most important energy infrastructure projects recently developed in Israel. In addition to increasing natural gas export capacity, the new connection improves the flexibility of the transmission system and strengthens the Eastern Mediterranean’s role as a regional energy supplier.
Likewise, the development seeks to balance export growth with the needs of the Israeli domestic market, a criterion considered during the planning of the project’s subsequent phases to ensure national supply security.
https://inspenet.com/en/news/new-pipeline-boosts-israels-gas-exports-to-egypt/
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Turkey: Türkiye to supply natural gas to TRNC through new 101-km subsea pipeline
Türkiye and the Turkish Republic of Northern Cyprus (TRNC) signed an agreement Friday to develop a 101-kilometer subsea natural gas pipeline that will strengthen Northern Cyprus’ energy security, support electricity generation and advance its long-term electrification strategy. Speaking at the signing ceremony, Bayraktar said the planned pipeline would extend from Anamur on Türkiye’s Mediterranean coast to the Teknecik region of Northern Cyprus, comprising 97 kilometers offshore and 4 kilometers onshore.
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“The pipeline will be a key component of Northern Cyprus’ energy transition and energy security. It will help ensure uninterrupted electricity supply and further strengthen the strategic cooperation between our countries,” Bayraktar said.
The project envisages the construction of two 22-inch pipelines. Bayraktar said the system would be designed for bidirectional operation, allowing natural gas to flow from Türkiye to the island and, in the future, potentially from Cyprus to Türkiye and onward to Europe should new gas resources be developed.
Natural gas transported through the pipeline will primarily be used for electricity generation.
– Pipeline to support electrification, reduce fuel imports
Bayraktar said Türkiye’s energy strategy extends beyond expanding natural gas infrastructure and increasingly emphasizes electrification across sectors including transportation.
He noted that Türkiye aims to raise the share of electrification in its economy to 35% by 2035, adding that the TRNC is pursuing a similar target.
According to Bayraktar, authorities in Northern Cyprus are preparing an electrification master plan covering key sectors such as tourism, agriculture and transportation, while the growing adoption of electric vehicles is expected to increase electricity demand in the coming years.
“The step we are taking today will help meet future electricity demand in a secure and sustainable manner,” he said, adding that the project would also reduce imports of petroleum and petroleum products.
Bayraktar said natural gas supplied through the planned pipeline would strengthen the TRNC’s electricity generation capacity and support its broader energy transition.
“With the natural gas we will bring, we believe the TRNC will achieve an abundance of electricity,” he said.
Describing the pipeline as a “historic project,” Bayraktar said it had the potential to become “the project of the century” for Northern Cyprus.
Reporting by Gülsen Cagatay, Basak Erkalan Koprubasılı
By Duygu Alhan
Anadolu Agency
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US: Pipeline Giant Williams Nears $5.5 Billion Deal for Momentum Midstream
Williams Cos. is in advanced talks to acquire rival natural gas pipeline operator Momentum Midstream for approximately $5.5 billion, according to people familiar with the matter. Bloomberg reported, citing sources who spoke on the condition of anonymity, Williams is finalizing an agreement to purchase the pipeline operator from private equity firm EnCap Flatrock Midstream.
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According to the sources, a formal announcement could come within a week. However, they cautioned that no final decision has been made and EnCap could still choose to retain the company.
EnCap Flatrock was established in 2008 as a partnership between Flatrock Energy Advisors and EnCap Investments.
The acquisition would significantly expand Williams’ ability to transport natural gas from the prolific Haynesville shale fields of East Texas and Northern Louisiana directly to export terminals along the U.S. Gulf Coast.
Currently, Williams owns and operates more than 30,000 miles of pipeline infrastructure.
Securing Momentum’s network is strategically timed. The United States is already the world’s leading exporter of liquefied natural gas, and international shipments are projected to roughly double by 2030 as a wave of new export terminals comes online across Texas and Louisiana.
Momentum Midstream has aggressively expanded its footprint in the East Texas and Louisiana regions. According to its website, the company operates a 4,000-mile pipeline network that directly services 10 LNG facilities and 26 power plants.
If completed, the transaction would mark one of the largest acquisitions ever for the Tulsa-based energy infrastructure giant.
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Cyprus: Two gas fields off Cyprus could start production by 2033
Cypriot President Nikos Christodoulides lauded the signing of the “declaration of marketability” as a “major step towards establishing the Eastern Mediterranean as a credible alternative energy corridor for Europe”. Energy companies ExxonMobil and QatarEnergy signed a “declaration of marketability” with Cyprus in Nicosia on Tuesday, officially declaring two natural gas discoveries off the coast of the island nation as commercially viable.
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The Glaucus and Pegasus natural gas fields are major ExxonMobil discoveries in Block 10 of Cyprus’s exclusive economic zone, thought to hold more than 7 trillion cubic feet of gas.
Speaking after the signing took place, John Ardill, ExxonMobil’s vice president of global exploration, reportedly said natural gas could start flowing from the fields by 2033.
“What we should tell ordinary people is we have been working very diligently together between government and investor to make these discoveries and we’re working very diligently to get the gas flowing for the people of Cyprus,” Ardill said, per the Associated Press.
In a statement on Tuesday, Saad Sherida Al-Kaabi, Qatar’s minister of state for energy affairs and the president and CEO of QatarEnergy, ExxonMobil’s consortium partner, added that the declaration marked an “important step in advancing the development of offshore resources in Cyprus and in reinforcing regional energy cooperation across the Eastern Mediterranean”.
Cypriot President Nikos Christodoulides also lauded the signing as a “major step towards establishing the Eastern Mediterranean as a credible alternative energy corridor for Europe”.
The European Union has been working to diversify its energy market since Russia launched its full-scale invasion of Ukraine in February 2022. The bloc has agreed to phase out imports of Russian gas by late 2027.
As part of this effort, it has created what it calls a “Mediterranean gas hub” in southern Europe to help diversify energy suppliers and routes. The EU says the so-called hub could become a “key source and route for supplying gas” to member states moving forward.
Speaking in January, Michael Damianos, Cyprus’s minister for energy, commerce and industry, said: “We are breaking away from detrimental reliance on Russian gas and taking a major step, in a spirit of solidarity and cooperation, towards an autonomous Energy Union”.
https://www.euronews.com/2026/06/30/two-gas-fields-off-cyprus-could-start-production-by-2033
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Libya: Eni and NOC expand offshore gas infrastructure in Libya
Italian integrated energy company Eni, and National Oil Corporation (NOC), Libya’s state-owned oil company, have successfully started hydrocarbon production through the Sabratha Compression Project, a major offshore development designed to sustain and increase natural gas production from the Bahr Essalam gas field.
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Sabratha compression project expands production capacity
Developed through the Mellitah Oil & Gas joint venture, the project is located approximately 100 kilometres offshore from the Libyan coast. It involved the installation of a new 1,600-tonne compression module on the Sabratha platform, equipped with advanced compression trains that provide a total compression capacity of around 440 million standard cubic feet per day (MMscfd).
The new compression infrastructure enables continued production under low-pressure reservoir conditions, offsetting the natural decline of the Bahr Essalam field while maximising overall gas recovery.
The project is expected to increase gas production by approximately 800 million cubic metres annually, alongside additional condensate production.
The additional gas volumes will support Libya’s domestic electricity generation, reinforcing the country’s energy security while maintaining gas exports to Italy through the Greenstream pipeline.
The successful delivery of the Sabratha Compression Project demonstrates the capability of Eni and NOC to execute complex offshore developments within demanding operating environments while strengthening the resilience of Libya’s gas infrastructure.
Additional offshore gas projects underway
Beyond the Sabratha development, Eni and NOC are progressing two additional strategic offshore projects in Libya.
The Bouri Gas Utilization Project is currently in its tie-in and commissioning phase following the installation of the Bouri Gas Recovery Module. At the same time, work continues on the Structures A&E Project, which will develop two additional offshore gas fields to further expand Libya’s gas production capacity.
Eni continues long-term investment in Libya
Eni has operated in Libya since 1959 and remains the country’s largest international energy operator. The company recorded equity production of approximately 162,000 barrels of oil equivalent per day in 2025 and is currently executing three major development projects in Libya with a combined investment of approximately $10 billion.
the latest milestone reinforces Eni’s long-term commitment to supporting Libya’s energy sector through infrastructure investments that enhance production, improve energy security and strengthen the country’s role as a regional natural gas supplier.
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Kazakhastan: Hyundai Engineering win major gas contract in Kazakhstan
KOREAN construction firm Hyundai Engineering and Construction will expand its energy portfolio in Central Asia with its new gas processing project in Kazakhstan. The company is working with state-owned oil company QazaqGaz on the Karachaganak Gas Processing Plant project at the established Karachaganak Processing Complex (KPC) in West Kazakhstan.
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Hyundai has expanded its capabilities across Central Asia, having won contracts in Turkmenistan and Uzbekistan for similar gas and petrochemical processing projects.
Engineering responsibilities
Hyundai will be exclusively responsible for the engineering and procurement of the project, while also working in consortium with a local subsidiary of Sicim, an Italian engineering, procurement and construction company, for the overall construction of the plant.
The plant is expected to process 5bn m3/y of raw gas from the Karachaganak gas field. The KPC already has 44 active production wells, and the field is reported to have around 13.6bn barrels of liquids and 1.7tn m3 of natural gas.
Kazakhstan independence
Gas from the field, however, is not processed at KPC right now, but at the Orenburg Gas Processing Plant in Russia as part of a long-term agreement between Karachaganak Petroleum Operating and KazRosGas, a joint venture between QazaqGaz and Russia’s Gazprom.
Despite a processing agreement until 2038, the Orenburg plant has been hit by major drone strikes recently by Ukraine’s armed forces as part of the ongoing conflict between Russia and Ukraine, where both countries are targeting major energy infrastructure.
Due to the uncertainty, Kazakhstan has sought to secure its gas supply by building out its own infrastructure.
The latest reports expect that the processing plant will be complete by 2028.
https://www.thechemicalengineer.com/news/hyundai-engineering-win-major-gas-contract-in-kazakhstan/
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US natural gas futures fall 3.3% as cooler forecasts and new pipeline capacity weigh on prices
US natural gas futures fell 3.3% on Tuesday, settling at $3.147 per million British thermal units on Nymex, as two bearish forces hit the market at once. Weather models shifted cooler, trimming expectations for air-conditioning demand, while Kinder Morgan’s Gulf Coast Express pipeline expansion entered service—opening a new outlet for gas out of the already-oversupplied Permian Basin.
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Futures settle lower as multiple bearish factors converge
The 10.6-cent drop brought July delivery futures to $3.147 per million British thermal units on NYMEX—a meaningful single-session move that reflected more than one pressure point. Cooler weather outlooks, new pipeline infrastructure, and softer LNG export flows all arrived on the same day, giving sellers clear reasons to act.
Darrell Fletcher, managing director of commodities at Bannockburn Capital Markets, noted that falling prices in the cash—or daily—gas markets may also be weighing on futures. When spot prices weaken, traders often revise near-term futures positions downward to stay aligned with current market conditions.
No single factor dominated Tuesday’s selloff. Several bearish signals arrived simultaneously and reinforced each other, making the decline hard to resist.
Cooler weather forecasts reduce expected cooling demand
Weather models were a primary driver. According to WeatherDesk, the GFS forecast shed nine cooling degree days over the prior 12 hours—a notable revision in a short window. Cooling-degree days measure how much temperatures exceed a baseline comfort level and serve as a standard proxy for air-conditioning demand.
Commodity Weather Group forecasts below-average temperatures in the mid-Atlantic region from June 23 through June 27, a stretch when summer heat typically pushes electricity consumption—and gas-fired power generation—higher. Fewer cooling-degree days mean less electricity demand for air conditioning, which means gas-fired power plants burn less fuel. The chain from weather forecast to futures price is direct and well understood, which is why even a moderate model shift can move markets quickly.
Kinder Morgan pipeline expansion adds Permian Basin supply to market
On the supply side, Kinder Morgan’s Gulf Coast Express pipeline expansion entered service Tuesday. The project increases takeaway capacity from the Permian Basin, one of the most productive — and most gas-saturated — regions in the country.
The Permian has long produced more associated natural gas than its pipeline network could easily move. Tight takeaway capacity sometimes forces producers to flare excess gas or accept deeply discounted local prices. Additional capacity changes that equation, allowing more gas to flow outward into broader regional markets. Lower-48 dry gas production on Tuesday ran at approximately 111.6 billion cubic feet per day, up 3.1% from a year earlier — underscoring how much supply stands ready to fill new infrastructure the moment it opens.
LNG flows dip, adding to domestic supply pressure
Exports offered little relief. Estimated gas flows to US LNG export terminals on Tuesday came in at approximately 19.1 billion cubic feet per day, down 1.7% week-over-week. Modest in percentage terms, but that decline represents real volumes of gas that stayed in the domestic market rather than moving overseas.
LNG exports have functioned as a key pressure valve for US natural gas in recent years — when export demand is strong, it pulls supply out of the domestic system and supports prices. When flows ease even slightly, that gas remains available at home. Total lower-48 gas demand on Tuesday was approximately 72.8 billion cubic feet per day, down 10% year-over-year, a shortfall that, set against rising production, reflects a market carrying more supply than it currently needs.
Background: Permian oversupply and seasonal demand context
The Permian Basin’s role in Tuesday’s move is nothing new. For years the basin has generated substantial volumes of associated gas—produced alongside crude oil—that outpaced available pipeline capacity. Infrastructure buildouts like the Gulf Coast Express expansion are designed to address that bottleneck, but each addition also delivers a fresh wave of supply to downstream markets.
Cooling-degree days are calculated by measuring how far average daily temperatures rise above a 65-degree Fahrenheit baseline, giving traders and utilities a consistent way to estimate residential and commercial energy demand during warm months. Throughout 2026, US natural gas prices have stayed sensitive to short-term weather shifts and infrastructure changes, repeatedly responding to forecast revisions within hours as traders closely monitor meteorological models during the summer demand season.
Cooler weather will cut the demand for cooling power
Tuesday’s decline was the product of several converging factors rather than a single catalyst. Futures for July delivery settled at $3.147 per million British thermal units, down 3.3%, as cooler weather forecasts cut expected cooling demand and Kinder Morgan’s Gulf Coast Express expansion added new Permian Basin takeaway capacity. LNG export flows dipped modestly at the same time. Domestic production continued running above year-ago levels while total demand trailed last year’s pace by a significant margin, and weakness in cash market prices added further downward pressure on futures, according to Bannockburn Capital Markets.
https://energiesmedia.com/natural-gas-futures-cooler-forecasts-pipeline/
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Azerbaijan: Azerbaijan approves agreement on supply of natural gas to Georgia
The “Agreement between the Government of Azerbaijan and the Government of Georgia on the Supply of Natural Gas to Georgia” has been approved, AzerNEWS reports. President of the Republic of Azerbaijan Ilham Aliyev signed the relevant decree.
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The text of the document has been published on the official website of the President of Azerbaijan.
According to the decree, the “Agreement between the Government of Azerbaijan and the Government of Georgia on the Supply of Natural Gas to Georgia” signed in Baku on May 18, 2026, has been approved.
After the Agreement enters into force, the Ministry of Economy of Azerbaijan must ensure the implementation of its provisions.
The Ministry of Foreign Affairs of Azerbaijan must notify the Government of Georgia that the internal procedures necessary for the entry into force of the Agreement have been completed.
https://www.azernews.az/nation/260896.html
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Germany: Germany plans emergency gas reserve to bolster energy security
BERLIN, July 7 (Reuters) – Germany’s Economy Ministry is drawing up plans for a state-owned strategic gas reserve to be used in emergencies, it said on Tuesday, confirming an earlier Reuters report. The reserve would hold around 24 terawatt-hours (TWh) of gas, equivalent to just under 10% of Germany’s total gas storage capacity, and would be financed through a levy on gas consumers, the ministry said.
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The reserve is intended to protect against extreme situations, such as sabotage of critical energy infrastructure or a severe global gas shortage.
The ministry said gas purchases would be spread over two to three years to minimise any impact on prices. The first storage bookings are scheduled for the winter of 2026/27, with initial filling due to begin in the summer of 2027.
Germany has sought to strengthen energy security since Russia’s invasion of Ukraine triggered a scramble to replace Russian gas supplies and exposed vulnerabilities in Europe’s energy infrastructure.
A person familiar with the matter previously told Reuters that the cost of building the reserve, buying the gas and injecting it into storage was estimated at between €1.2 billion and €1.5 billion ($1.4 billion-$1.7 billion), spread across 2027 and 2028.
The source said annual operating costs were estimated at between €150 million and €180 million, and that the plans were expected to be approved by the cabinet in mid-August.
($1 = 0.8750 euros)
Reporting by Holger Hansen, Writing by Rachel More and Linda Pasquini. Editing by Sanjeev Miglani and Mark Potter
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Afghanistan: Taliban, Turkmen Officials Discuss Acceleration of TAPI Gas Pipeline Project
The Kabul Tribune (KT) — Taliban officials and Turkmen representatives have discussed accelerating and advancing work on the TAPI gas pipeline project in western Afghanistan, according to the Taliban governor’s office in Herat. The Herat governor, Noor Ahmad Islamjar, met with the head of the TAPI pipeline project, Baganj Abdullahyov, to review progress and coordination on the project, the statement said.
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During the meeting in Herat, both sides discussed ongoing construction work, project development and ways to speed up implementation. Islamjar stressed the importance of accelerating the project’s progress.
The statement added that the two sides also discussed bilateral economic relations between Afghanistan and Turkmenistan, broader cooperation, and plans to hold a joint Afghan-Turkmen exhibition at a border point between the two countries.
According to the Taliban Ministry of Mines and Petroleum, construction work on the pipeline is currently advancing at an average of around 500 meters per day. It is expected that the Afghan section of the project in Herat will be completed in early 2027.
The TAPI pipeline project is designed to transport natural gas from Turkmenistan through Afghanistan to Pakistan and India. It is considered one of the region’s most important energy initiatives and is expected to generate transit revenues for Afghanistan while creating jobs and strengthening regional economic cooperation.
https://thekabultribune.com/en/0009922
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Natural Gas / LNG Utilization / Bio-LNG
South Korea: LNG Returns as Semiconductor, AI Power Demand Surges
It is truly the era of a gas renaissance. In particular, LNG (liquefied natural gas), which was long overlooked amid the eco-friendly trend, has made a perfect comeback. Energy industry experts now unanimously state, “Semiconductor factories and AI data centers are impossible without LNG.” Following the government’s announcement on June 29 to build four mega semiconductor fabs (factories) in the Honam region and seven AI data centers nationwide, there is growing consensus that LNG’s role in South Korea will inevitably expand. The reason is clear: as AI data centers and semiconductor factories—facilities that must operate non-stop—multiply, the need for stable power supply around the clock has become critical.
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Amid carbon neutrality efforts, renewable energy sources like solar and wind are rapidly expanding. However, their “intermittency”—fluctuations in generation depending on weather and time—remains a clear limitation. Consequently, as renewables grow, backup power to offset their variability becomes essential. With nuclear plants requiring long construction periods, LNG power generation, which can immediately adjust output when needed, is currently the only viable option.
◇ The world is experiencing a ‘gas renaissance’
Major countries are already reflecting this reality in policy. According to the U.S.-based Global Energy Monitor (GEM), global new gas power development capacity surged 31% year-on-year to 1,047 GW in 2025. The U.S. leads with 252 GW under development, surpassing China (153 GW). GEM analyzed that “over one-third of new U.S. gas power projects are directly tied to data center electricity supply.” While the U.S. tightened regulations on new gas plants in 2024 for climate response, it officially declared the abolition of these rules in 2025 as power demand exploded, prompting utilities to revive gas power plans.
Germany, a renewable energy leader, is no exception. Though it reduced gas consumption by about 5% in 2023 to escape dependence on Russian gas and accelerate decarbonization, it has shifted toward reaffirming the necessity of gas power, acknowledging that renewables alone cannot ensure grid stability. In May, the German government passed a 9 GW “long-duration power facility bidding law,” stating, “Stable power supply must be guaranteed even when the sun doesn’t shine and the wind doesn’t blow.” Clean Energy Wire, an energy-focused media outlet, interpreted this as “approving new gas power auctions to ensure grid stability.” Japan is increasing long-term LNG procurement to meet power demand from AI data centers and semiconductor factories. Vietnam has designated LNG as a core axis of its power plan by 2030.
On May, view of the Gersteinberg gas-fired power plant in Bern, Germany. Owned by RWE, the power plant serves as a strategic reserve power facility in Germany. /Reuters-Yonhap
◇ South Korea hesitates… “Must reflect in upcoming power plan”
Domestic companies emphasize the need to expand LNG’s role. A representative moment was Vice Chairman Jun Young-hyun of Samsung Electronics, who stated during a semiconductor investment announcement in Gwangju on June 30, “I once again request that nuclear power expansion, LNG, and combined heat and power generation—capable of compensating for renewable intermittency—be pursued.” Semiconductor factories and AI data centers face massive losses from even brief power disruptions, making stable supply impossible with renewables alone.
However, under the government’s pro-renewable energy stance, there has been reluctance to expand LNG’s role. While the government set a goal to supply 100 GW of renewables by 2030, it remained passive on LNG-related policies. For instance, during discussions on the Ministry of Science and ICT’s ‘Special Act on AI Data Centers’ passed in May, a special clause allowing non-capital region data centers to directly purchase LNG power was reviewed but excluded in the final stage due to opposition from the Ministry of Climate.
Yet, the recent mega projects are shifting the government’s internal stance. There is growing recognition that renewable expansion alone cannot handle large-scale power demand, and LNG—flexible enough to supplement when needed—cannot be excluded.
Experts argue that LNG should not be seen merely as a power generation facility but as a “minimum device to stabilize the grid.” Professor Cho Seong-bong from Soongsil University’s Department of Economics stated, “National projects are practically impossible without LNG,” adding, “The role of LNG must be realistically reflected in the next Basic Plan for Electricity Supply and Demand.”
https://www.chosun.com/english/market-money-en/2026/07/04/RKMVM6EXHZEZNG3D3YPDKCWW6A/
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US: Chevron signs 20-year power deal with Microsoft to build 2.67-GW gas plant in West Texas
Chevron’s wholly owned subsidiary Energy Forge One LLC has agreed to develop a 2.67-GW natural gas power plant in West Texas dedicated to supplying electricity to a Microsoft data center under a 20-year power purchase agreement. Known as Project Kilby, the development is a collaboration between Chevron and investment firm Engine No. 1, and Chevron describes it as among the largest collocated natural gas power and data-center projects in the United States.
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Chevron and Microsoft finalize West Texas power deal
Energy Forge One LLC, the Chevron subsidiary leading the project, will serve as the developer of record for Project Kilby. The plant will sit alongside a Microsoft-operated data center, making it a collocated facility — meaning power generation and consumption occur at the same site, removing the need to move electricity across long distances through the public grid.
The 20-year power purchase agreement establishes a long-term commercial relationship between the two companies. That duration reflects serious commitment on both sides: Microsoft secures a dedicated, large-scale power source for its data center operations, while Chevron gains a predictable revenue stream across two decades.
Engine No. 1, the US-based investment firm, is a collaborating partner in the development. Pairing an oil major with an activist firm known for pushing energy transition strategies is notable in its own right — it illustrates how the economics of data center power demand are drawing together some unlikely partners.
Project design, turbine suppliers, and phased construction approach
Chevron and its partners plan to build Project Kilby through a phased, modular approach. Rather than constructing the full 2.67-GW capacity at once, this method allows the facility to expand incrementally — a practical strategy given the project’s scale and complexity.
Most of the plant’s generation capacity will come from large GE Vernova turbines and associated electrical infrastructure. GE Vernova ranks among the dominant suppliers of large gas turbines globally, and its involvement reflects the industrial scale Chevron is targeting here.
Additional generation capacity will come from Solar Turbines, a wholly owned subsidiary of Caterpillar. Solar Turbines specializes in mid-range industrial gas turbines and has a long track record across energy and oil and gas applications. Chevron has described Project Kilby as among the largest collocated natural gas power and data center developments in the US—a claim that speaks to both the raw generation capacity involved and the integrated, dedicated supply model at its core.
Environmental and operational measures built into plant design
Water use is a significant concern for large power plants, particularly in arid West Texas. Project Kilby plans to address this by using non-potable brackish groundwater for plant operations rather than drawing on freshwater supplies. Brackish water is too saline for drinking or agriculture, so its use for industrial cooling is a less contested choice in a water-stressed region.
Chevron is also working to advance solutions for reusing produced water — the water that surfaces alongside oil and gas during extraction. If viable, that could provide another non-freshwater source for plant operations while reducing disposal demands from Chevron’s existing activities in the area.
On air quality, the plant design will incorporate advanced emissions control technologies, including selective catalytic reduction systems engineered to cut nitrogen oxide emissions—a key pollutant associated with gas combustion. These systems are standard in modern gas plant design, though their inclusion signals Chevron’s intent to meet regulatory requirements. The design also addresses noise and light impacts on surrounding communities, relevant considerations even in sparsely populated West Texas given the facility’s scale.
Timeline, financial outlook, and Chevron’s broader growth ambitions
Chevron expects to reach a final investment decision on Project Kilby by the end of 2026. If that timeline holds, the first power delivery is targeted for 2028—meaning the plant could be generating electricity for Microsoft’s data center within roughly two years of a green light.
The Microsoft project has already been factored into Chevron’s 2026 financial guidance, according to Jeff Gustavson, president of Chevron’s New Energies group. That integration into official guidance suggests the company views Kilby as a near-certain commitment rather than a speculative development.
Gustavson spoke about the project at the JPMorgan Energy, Power & Renewables Conference 2026, framing it as more than a single deal. He described the Kilby model as “a platform for growth” and indicated his team is already exploring additional partnerships—with Microsoft and with other companies. The financial ambitions he outlined were substantial: the business could generate free cash flow in the billions of dollars over time, provided the returns equation works for Chevron and its shareholders.
Final investment decision expected by the end of 2026
Project Kilby is a 2.67-GW natural gas power plant being developed by Chevron’s subsidiary Energy Forge One LLC in West Texas. It will supply dedicated electricity to a Microsoft data center under a 20-year power purchase agreement. Construction will follow a phased, modular approach using GE Vernova and Solar Turbines’ equipment. Environmental measures include the use of brackish groundwater and NOx reduction systems. Chevron expects a final investment decision by end-2026 and first power delivery in 2028, with the project already reflected in the company’s current financial guidance.
https://energiesmedia.com/chevron-microsoft-west-texas-gas-plant/
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Japan cuts gas in favour of coal as Hormuz disruption chokes LNG
Japan sharply reduced natural gas-fired power generation last month, instead relying more on coal, as disruptions around the Strait of Hormuz tightened supplies of the cleaner-burning fuel. The country produced about 17.3 terawatt hours of electricity with gas in June, down 16% from last year, according to data compiled by Japan’s nine largest utilities. Coal generation rose by 4.6%, the data shows.
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The move highlights how Asian countries are continuing to turn to alternatives, like coal, to reduce dependence on liquefied natural gas — as the conflict in the Middle East chokes about a fifth of global exports. Asian liquefied natural gas (LNG) spot prices are about 70% higher than pre-war levels, making the fuel less attractive to Japanese utilities.
Japan — the world’s second largest LNG buyer — has cut back imports since the war started in late-February. March to June imports are down about 7% compared to the same period last year, ship-tracking data shows.
While higher demand from Northeast Asian countries pushed Australian benchmark coal prices to the highest since 2023 in early June, futures have since dropped around 15%.
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UAE’S ADNOC launches combined LNG marketing and trading platform
DUBAI, July 6 (Reuters) – UAE state oil giant ADNOC launched a new liquefied natural gas marketing and trading platform on Monday, bringing the marketing activities of ADNOC Gas (ADNOCGAS.AD), international investment arm XRG and ADNOC Trading into a single commercial unit. The platform, based in the Abu Dhabi Global Market financial centre, is targeting 47 million metric tons per annum (mtpa) of combined marketable LNG by 2035, which would rank it among the world’s largest LNG players.
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Here are some details:
Rashid Al Mazrouei has been appointed chief marketing and origination officer for LNG, overseeing the marketing of the combined equity LNG portfolios of XRG and ADNOC Gas.
Long-term LNG marketing will be centralised under the combined platform, though ADNOC Trading will remain the counterparty for trading activities with no change to its existing customer contracts.
ADNOC Gas’s existing commercial LNG arrangements are unchanged, with the platform expected to support the optimisation of marketing for its LNG volumes, including future volumes from the Ruwais LNG project.
ADNOC CEO Sultan Al Jaber, who also heads XRG, said the move marked “a step-change in scale, flexibility and optionality” for the group’s LNG business.
ADNOC Trading, established four years ago, has offices in Abu Dhabi, Singapore and Geneva.
XRG, valued at more than $150 billion, said last year it was targeting a top-five position in global gas and LNG, with a capacity goal of 20-25 mtpa by 2035.
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Abu Dhabi: Adnoc launches new integrated LNG platform, targets 47 million tpa portfolio
State-owned Abu Dhabi National Oil Company (Adnoc) has launched a new integrated liquefied natural gas marketing and trading platform combining the trading businesses across its key subsidiaries. The new platform was launched at the Abu Dhabi Global Market (ADGM), a leading international financial centre and free economic zone located in the city of Abu Dhabi.
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Adnoc said in a statement on Monday that the platform combines “the marketing activities of Adnoc Gas and XRG with the trading capabilities of Adnoc Trading”.
“The platform will enhance Adnoc and XRG’s ability to manage a growing and diverse LNG portfolio, building on Adnoc’s five-decade track record as a trusted LNG supplier,” Adnoc noted.
The emirati state giant said the new platform is designed to “enhance flexibility and shipping optionality” and supports Adnoc Gas’ expanding LNG portfolio, including Ruwais LNG, and XRG’s international gas and infrastructure growth plans.
The platform will be targeting 47 million tonnes per annum of combined marketable LNG by 2035, scaling up Adnoc and XRG’s capacity to optimise a growing and diverse LNG portfolio, Adnoc said.
Adnoc Gas is investing heavily in expanding the United Arab Emirates’ gas processing and LNG production capabilities, while XRG is expanding Adnoc’s global gas portfolio via several acquisitions.
Adnoc noted that while the new platform has been put in place, Adnoc Gas’s existing commercial LNG arrangements remain unchanged, with the platform expected to create further upside for the company by supporting the optimisation of its marketing activities.
Adnoc group chief executive Sultan Ahmed Al Jaber said the new platform aims to bring together the “full strength of Adnoc’s marketing, trading and shipping capabilities to create a single global hub in Abu Dhabi.”
Rashid Al Mazrouei has been named as chief marketing and origination officer of the new LNG venture, and will be responsible for overseeing the marketing of the combined equity LNG portfolios of both XRG and Adnoc Gas.
Adnoc has been expanding its LNG production capabilities and recently launched a bid process for a new LNG facility to be located near the UAE’s east coast.
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Global LNG Development
Japan’s Inpex Signs 15-Year Deal to Buy Persian Gulf LNG
Japan’s state-backed Inpex Corp. signed a 15-year deal with Abu Dhabi National Oil Co. for the supply of liquefied natural gas from its project in the Persian Gulf. Inpex will buy about 1 million tons of the fuel per year from the Ruwais LNG project, which is scheduled to start commercial operations in 2028, Adnoc said in a statement on Tuesday. Japan got less than 700,000 tons of its gas from the United Arab Emirates last year, or about 1% of total imports, according to ship-tracking data compiled by Bloomberg.
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Abu Dhabu National Oil Co. plans to start shipping LNG from the Ruwais plant in 2028.
The agreement comes as questions remain about the safety of shipping through the Strait of Hormuz, a key conduit that carried about a fifth of global LNG supply before the Iran war mainly from Qatar, but also from the UAE. While flows through the waterway have picked up, they are still at a fraction of pre-conflict levels, and uncertainty has increased again after an attack on a laden Qatari tanker.
The Ruwais project has a production capacity of 9.6 million tons a year, and has already committed 90% of its output, according to the statement.
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Abu Dhabi: ADNOC Signs 15-Year LNG Supply Deal With Japan’s Inpex
Abu Dhabi’s national oil company ADNOC on Tuesday signed a 15-year long-term deal to supply gas from the UAE’s Ruwais LNG project to Japanese firm Inpex starting from 2028. Under the deal, Inpex, Japan’s largest exploration and production company, will receive 1 million tonnes per annum (mtpa) of liquefied natural gas from the Ruwais LNG project, currently under development in Al Ruwais Industrial City in Abu Dhabi.
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The agreement “further strengthens the longstanding relationship between INPEX and the ADNOC Group,” the Japanese company said in a statement.
Inpex’s Vision 2035 plan includes strengthening the LNG portfolio and supplying LNG more flexibly to complement the LNG supply from its projects. The agreement with ADNOC, a long-standing partner, aligns with Inpex’s initiative to have a more diversified and flexible approach to LNG sourcing, the Japanese firm said.
The LNG for Inpex will be primarily sourced from ADNOC’s Ruwais LNG project, which is scheduled to start commercial operations in 2028.
To date, 90% of the Ruwais LNG project’s 9.6 mtpa production capacity has been committed to international buyers across Asia and Europe through long-term arrangements, ADNOC said.
ADNOC has been boasting for years that the planned Ruwais LNG project will be the first LNG export facility in the Middle East and Africa (MENA) region to operate on clean power, making it one of the lowest-carbon-intensity LNG plants in the world.
The deal with Inpex “builds on ADNOC’s decades-long energy partnership with Japan, advances the commercialization of Ruwais LNG and reinforces strong market confidence in the project,” said Nasser Al Muhairi, acting CEO of ADNOC Downstream Industry, Marketing & Trading, and chairman of Ruwais LNG.
Japan has recently moved to boost its long-term LNG supply procurement.
Last month, Japan’s top utility JERA signed a contract to receive LNG from Malaysia’s national oil and gas firm Petronas for a period of 20 years, starting in 2028.
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US: BGN signs 20-year framework for 1mtpa Texas LNG
BGN has signed a Heads of Agreement (HoA) with Glenfarne Global Commodities (GGC) for the long-term supply of 1 million tonnes per annum of liquefied natural gas (LNG). The agreement establishes a framework for the companies to negotiate a 20-year LNG Sale and Purchase Agreement. The proposed supply is expected to come from Texas LNG, Glenfarne’s export project in Brownsville, Texas.
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According to the company’s LinkedIn post, the agreement represents an important milestone in the continued expansion of its global LNG business.
The partnership supports the company’s long-term strategy to expand its LNG portfolio and strengthen its ability to provide customers with secure and diversified energy supplies.
It will combine Glenfarne’s growing LNG production platform with BGN’s international trading and logistics capabilities.
The collaboration is intended to help meet rising demand for reliable LNG supplies across global markets.
BGN said it looked forward to working closely with GGC to develop a long-term commercial relationship supporting the changing global energy market.
https://www.oilandgasmiddleeast.com/news/bgn-secures-texas-lng
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Nigeria: Baker Hughes Will Drive Nigeria LNG Expansion
Nigeria LNG Limited (NLNG) awarded Baker Hughes a comprehensive 13-year lifecycle services contract to support the operation of turbomachinery equipment installed at its liquefaction plant located on Bonny Island, Nigeria. The agreement consolidates a commercial relationship spanning more than two decades between both companies and will ensure technical support for the Train 7 expansion project.
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The new unit will increase the plant’s total liquefied natural gas (LNG) production capacity from 22 to 30 million tons per year (MTPA), strengthening Nigeria’s position within the international LNG export market.
The contract includes maintenance and support for four high-power gas turbines with their respective centrifugal compressors, in addition to two turbines dedicated to power generation, equipment previously supplied by Baker Hughes as part of the project development.
Lifecycle Services Prioritize Operational Reliability
In addition to conventional maintenance, Baker Hughes incorporates a comprehensive management model throughout the lifecycle of critical assets, aimed at maximizing equipment availability and reducing the risk of unscheduled shutdowns.
One of the most relevant components will be the use of the iCenter™ digital platform, based on the Cordant™ architecture, which will enable remote monitoring, advanced diagnostics, and specialized support from engineering centers, complementing activities performed by local personnel in Nigeria.
In LNG liquefaction facilities, where gas turbines and centrifugal compressors constitute the core of the process, continuous monitoring and predictive maintenance contribute directly to improving operational reliability, optimizing intervention programs, and reducing costs associated with equipment unavailability.
Train 7 Will Strengthen Nigeria’s Presence in the Global LNG Market
The Train 7 project represents Nigeria LNG’s largest expansion in more than a decade and constitutes a key element within the national strategy to increase liquefied natural gas exports.
With the new production line entering operation, installed capacity will increase by approximately 36%, enabling response to growing international LNG demand and reinforcing Nigeria’s role as one of the main gas suppliers on the African continent.
The activities included in the contract will be executed from Baker Hughes’ Service Center in Port Harcourt, a facility that concentrates maintenance, engineering, and technical assistance capabilities for rotating equipment used in energy projects throughout the region.
Digitalization Gains Prominence in LNG Sector Maintenance
The new Baker Hughes-Nigeria LNG agreement reflects a growing trend in the LNG industry: complementing traditional maintenance with digital tools capable of analyzing the behavior of critical equipment in real time.
The incorporation of remote monitoring platforms, predictive analysis, and specialized support enables anticipation of operational deviations before they evolve into major failures, improving both safety and operational continuity.
For large-scale projects such as Train 7, where turbomachinery availability directly impacts production, this type of long-term contract has become a strategic component to ensure facility performance throughout its operational life.
https://inspenet.com/en/news/baker-hughes-will-drive-nigeria-lng-expansion/
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US: Glenfarne Global Commodities Expands LNG Portfolio with 1 MTPA Heads of Agreement with BGN
HOUSTON & NEW YORK–(BUSINESS WIRE)–Glenfarne Group, LLC (“Glenfarne”) today announced that Glenfarne Global Commodities, LLC (“GGC”), its global LNG marketing and trading business, has executed a Heads of Agreement (“HOA”) with BGN, a privately owned global energy and commodities trading group, for the long-term supply of 1 million tonnes per annum (“MTPA”) of liquefied natural gas (“LNG”).
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“By pairing LNG production assets with an integrated trading and marketing platform, Glenfarne is creating the flexibility to deliver secure and reliable LNG to customers where demand is growing.”
Under the HOA, GGC and BGN intend to negotiate a definitive 20-year LNG Sale and Purchase Agreement (“SPA”) for LNG supplied from Texas LNG, Glenfarne’s LNG export project in Brownsville, Texas. Final terms remain subject to negotiation and execution of the definitive SPA.
“This agreement with BGN reflects the continued growth of Glenfarne Global Commodities as a global LNG portfolio business,” said Brendan Duval, Chief Executive Officer and Founder of Glenfarne Group. “By pairing LNG production assets with an integrated trading and marketing platform, Glenfarne is creating the flexibility to deliver secure and reliable LNG to customers where demand is growing. We are pleased to partner with BGN and look forward to developing a long-term commercial relationship as we expand our global LNG platform.”
BGN is one of the world’s leading independent energy and commodities trading groups, with a heritage dating back 80 years, and operations spanning more than 120 countries. BGN is active across the entire energy value chain, trading in LNG, LPG, crude oil, refined products, biofuels, SAF and other energy commodities. The HOA provides a foundation for a long-term commercial relationship between GGC and BGN as both companies work to meet growing demand for secure, flexible, and diversified LNG supply.
“Expanding our LNG business is an important part of BGN’s global growth strategy and we’re pleased to have signed this Heads of Agreement with Glenfarne Global Commodities,” said Wael Amer, Group Chief Operating Officer for BGN. “Glenfarne’s integrated LNG platform and growing production portfolio make it a compelling long-term partner who will help us achieve our goals, and meet our customers’ need for reliable, flexible LNG supply.”
GGC was formed to expand Glenfarne’s global LNG capabilities through marketing, trading, and portfolio optimization. With Texas LNG advancing toward final investment decision and Alaska LNG expanding Glenfarne’s North American platform, GGC is positioned to serve customers across Atlantic and Pacific Basin markets with long-term, reliable LNG solutions.
About Glenfarne Group
Glenfarne Group is a privately held global developer, owner, and operator of energy infrastructure assets. Through its subsidiaries, Glenfarne owns and operates 60 energy assets across three core businesses: Global LNG Solutions, Grid Stability, and Renewables. Glenfarne’s permitted North American LNG portfolio totals 32.8 MTPA of capacity under development in Alaska, Louisiana, and Texas. For more information, please visit www.glenfarne.com.
About BGN
BGN is the 6th largest independent energy and commodities trading group and a leader in transition fuels and cleaner energies. With over 8 decades experience in the energy sector, we trade, distribute, store and finance energy solutions globally, handling approximately 65 million metric tons of commodities annually. BGN is present throughout the energy value chain, having established strong partnerships with refineries, producers, state oil companies and leading industrial and petro-chemical companies.
We are purposefully expanding into sustainable solutions including renewables, Sustainable Aviation Fuel (SAF), LNG, ammonia, and critical minerals and metals, essential for the energy transition. Operating from our regional trading hubs in Geneva, Dubai, Singapore and Houston, and around 20 locations worldwide, we are a trusted partner to customers in over 120 countries.
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Vietnam: Shell feeds Vietnam’s LNG appetite through deal with PV Gas
Petrovietnam Gas Joint Stock Corporation (PV Gas), a subsidiary of Vietnam’s state-owned national energy group Petrovietnam, has inked a liquefied natural gas (LNG) agreement with Shell Eastern Trading (Shell Eastern LNG), a wholly owned subsidiary of the UK-headquartered energy giant Shell.
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PV Gas has signed a term LNG sale and purchase agreement with Shell Eastern Trading, following the outcome of the former’s tender for an LNG term procurement package in late 2025, covering the 2027–2031 period.
The deal is said to mark a historic first for both PV Gas and Vietnam, as it is the country’s first-ever term LNG purchase, signalling a major step forward in the nation’s energy sector.
Shell, which delivered over 72.9 million tons of LNG in 2025, supplied the first-ever cargo to Vietnam for the commissioning of PV Gas’ Thi Vai LNG terminal in July 2023, laying the foundation for the country’s LNG import activities.
The company believes that the tender process and execution of the SPA demonstrate its capability in conducting LNG supplier selection in accordance with international standards.
As a result, PV Gas is convinced that this enables it to emerge as a reliable and efficient LNG importer that can secure competitively sourced LNG for Vietnamese users in the future.
This deal comes shortly after Shell published its LNG outlook, expecting an increase in demand to almost 700 million tonnes a year by 2050.
https://www.offshore-energy.biz/shell-feeds-vietnams-lng-appetite-through-deal-with-pv-gas/
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LNG as a Marine Fuel/Shipping
Pakistan Pays Premium for Urgent LNG Cargo
Pakistan has bought a cargo of liquefied natural gas, paying a premium of around $1 per million British thermal units to regional spot market prices in a move highlighting the continued disruption in LNG flows out of the Persian Gulf, despite diplomatic efforts to settle the conflict that caused the disruption. Pakistan LNG Ltd. bought the cargo for prompt delivery, Bloomberg reported, citing unnamed trading sources. The price the state gas company paid stood at $16.74 per mmBtu, compared to Asian spot market prices “in the 15s”. The seller of the cargo was BP.
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Pakistan has relied on Qatar’s term LNG supply for years, but the war in the Middle East has led to the shutdown of Qatari LNG production and exports. Without Qatar’s LNG, Pakistan was reeling from an intensifying energy crisis with power outages and fuel rationing. The country has also struggled to afford an alternative supply of liquefied natural gas from other parts of the world due to the war-related price premium.
Between April and June, Pakistan launched four tenders for prompt LNG cargoes. Some of these ended without a deal because even the lowest offer prices were deemed too high by the Pakistani company. Stoked by the surge in energy commodity prices, the country’s inflation soared by 11.7% in May, the latest figures from the state statistics agency showed earlier this month. Core inflation also rose significantly, by 9% on the year and 8% from April.
Pakistan received its first LNG cargo in two months in May, all the way from the United States. The price for that cargo, of 140,000 cu m, was $18.40 per mmBtu. Then, earlier this month, Pakistan LNG signaled there was urgent demand for more liquefied gas, issuing a tender with a deadline for offers on June 29 and delivery between June 30 and July 4.
By Irina Slav for Oilprice.com
https://oilprice.com/Latest-Energy-News/World-News/Pakistan-Pays-Premium-for-Urgent-LNG-Cargo.html
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Mexico: TotalEnergies Ships to Asia the Very First Cargo Produced by the ECA LNG Plant
TotalEnergies has shipped to Asia the very first cargo from ECA LNG Phase 1, a liquefied natural gas (LNG) export terminal currently under commissioning on Mexico’s Pacific Coast, in Baja California. TotalEnergies, which holds a 16.6% stake in the project alongside operator Sempra Infrastructure, will offtake 1.7 million tonnes per year (Mtpa) of LNG for 20 years from the start of commercial operations. TotalEnergies will be the sole offtaker of LNG during the ramp-up phase.
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An LNG plant ideally positioned to serve Asian markets
ECA LNG Phase 1 consists of a single-train liquefaction facility with a nameplate LNG capacity of 3.25 million tonnes per annum (Mtpa), supplied with U.S. feed gas sourced from the Permian Basin in Texas and New Mexico. ECA LNG has leveraged synergies with the existing regasification plant to optimize construction costs. A second larger phase is also under development at the same site.
Thanks to its strategic location on Mexico’s west coast, ECA LNG enables U.S. natural gas to be exported to Asia and other Pacific Basin markets via the shortest maritime route, reducing transportation times and costs. The project is expected to reach substantial completion in the summer 2026, with long-term LNG sales agreements taking effect shortly thereafter as the facility enters commercial operations.
“The start-up of ECA LNG, whose strategic location provides privileged access to Asian markets, strengthens the quality of our integrated LNG portfolio in North America. TotalEnergies is pleased to contribute to the project’s ramp-up by exporting its first LNG cargoes,” said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies.
“At a time of increased uncertainty in the global LNG trade, we are excited to begin shipping a new and reliable source of natural gas from North America’s Pacific Coast to customers around the globe,” said Justin Bird, chief executive officer of Sempra Infrastructure. “This achievement underscores the exceptional talent of the entire ECA LNG Phase 1 team and our company’s steadfast commitment to safe and strong project execution.”
****
TotalEnergies, the world’s third largest LNG player
TotalEnergies is the world’s third largest LNG player with a global portfolio of 44 million tonnes in 2025 thanks to its interests in liquefaction plants in all geographies. The Company benefits from an integrated position across the LNG value chain, including production, transportation, access to more than 20 Mtpa of regasification capacity in Europe, trading, and LNG bunkering. TotalEnergies’ ambition is to increase the share of natural gas in its sales mix to close to 50% by 2030, to reduce carbon emissions and eliminate methane emissions associated with the gas value chain, and to work with local partners to promote the transition from coal to natural gas.
About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.
Cautionary Note
he terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).
( Press Release Image: https://photos.webwire.com/prmedia/6/357466/357466-1.jpg )
https://www.webwire.com/ViewPressRel.asp?aId=357466/
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Algeria: Algerian LNG vessel to arrive in Türkiye on July 13
Fuat Kabakcı Norwegian energy company BW Fleet Management’s LNG carrier, Berge Arzew, is due to arrive in Türkiye on July 13, according to ship-tracking data on Friday. With a capacity of 138,089 cubic meters, the vessel left the Algerian port of Arzew on July 6 and is currently in transit to its next destination, the Aliaga LNG Terminal in Izmir.
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The vessel, constructed in 2004, is sailing under the flag of the Bahamas.
Its expected arrival time is 8.05 a.m. local time (0505 GMT) on July 13.
By Fuat Kabakci
Anadolu Agency
energy@aa.com.tr
https://www.aa.com.tr/en/energy/lng-lpg/algerian-lng-vessel-to-arrive-in-turkiye-on-july-13/58253
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Qatar: QatarEnergy halves 2026 scheduled deliveries of LNG to Bangladesh, Petrobangla says
DHAKA, July 6 (Reuters) – QatarEnergy has halved its scheduled deliveries of liquefied natural gas (LNG) to Bangladesh for this year, Petrobangla’s acting chairman and industry sources said, as the fallout from the U.S.-Israeli war on Iran continues to curb shipments of the fuel through the Strait of Hormuz. “All these problems stem from the war,” Abdul Mannan told Reuters on Monday.
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“We are exploring alternative sources to bridge the expected shortfall, including higher spot-market purchases and government-to-government deals with other suppliers. We will pursue whichever option offers the most favourable commercial terms while ensuring the country’s energy security.”
Qatar was the world’s second-largest LNG-producing country after the U.S. and is Bangladesh’s largest supplier, accounting for about 4.15 million metric tons of the nearly 7 million tons imported by the South Asian nation last year.
State-run Petrobangla has two long-term contracts with QatarEnergy, one for 2.5 million tons per annum (mtpa) and the other for 1.8 mtpa.
Qatar has said it will try to maintain supplies as much as possible despite the cut in scheduled deliveries, Mannan added.
QatarEnergy did not immediately respond to a request for comment.
WAR CHANGES ALL
Prior to the war, Bangladesh received 19 cargoes from Qatar this year via long-term supply deals, according to data from Kpler, an analytics firm.
But since the war broke out on February 28, Bangladesh has received no LNG cargoes loaded from Qatar’s Ras Laffan export facility, prompting it to seek replacement supplies in the spot market to meet demand. Kpler data shows Bangladesh has imported 35 spot cargoes since March.
Only a handful of ballast LNG tankers have managed to enter the Strait of Hormuz to load cargoes and leave the Gulf. At least 14 LNG cargoes loaded at Ras Laffan have transited the strait since the war, but none have been delivered to Bangladesh, according to Kpler data.
About a fifth of the world’s LNG supply typically passes through the Strait of Hormuz.
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Technological Development for Cleaner and Greener Environment Hydrogen & Bio-Methane
Ather Energy to Unveil Mass-Market EV Scooter; Shares Jump 8%
India’s electric two-wheeler market is set for a major development as Ather Energy is to unveil a mass-market electric scooter in August; Shares Up becomes one of the biggest talking points in the EV industry. The Bengaluru-based electric scooter manufacturer has announced that it will introduce its first mass-market electric scooter on August 29, 2026, during its flagship Community Day 2026 event. The announcement has generated strong investor confidence, pushing the company’s shares sharply higher in early trading.
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Ather Community Day 2026 to Showcase Major Innovations
Ather Energy will host its annual Community Day 2026 in Bengaluru, where thousands of Ather owners, technology enthusiasts, automotive experts, and business partners are expected to gather.
The event, themed “A New Dawn of Magic,” will serve as the launch platform for the company’s first scooter built on its all-new EL vehicle architecture. Alongside the scooter, Ather plans to introduce several innovations across software, charging infrastructure, connectivity, and the broader ownership ecosystem.
These announcements are expected to demonstrate the company’s long-term strategy of making electric mobility more accessible, connected, and user-friendly.
New EL Platform Marks a Major Milestone
The highlight of the event will be the debut of Ather’s next-generation EL platform, representing the company’s first completely new vehicle architecture since the launch of the popular 450 platform in 2016.
Engineered from the ground up, the EL platform has been designed for:
- Greater scalability across multiple vehicle categories
- Improved manufacturing efficiency
- Flexible product development
- Enhanced cost optimization
- Faster introduction of future EV models
This platform will become the foundation for Ather’s upcoming product portfolio as it expands into new market segments.
Affordable Electric Scooter Targets the Mass Market
One of the biggest reasons Ather Energy unveiled a mass-market electric scooter in August, Shares Up, and attracted widespread attention is the pricing strategy.
The upcoming electric scooter is expected to be positioned in the highly competitive ₹1 lakh to ₹1.25 lakh price range. This allows Ather to enter the mainstream electric scooter segment, significantly expanding its total addressable market beyond premium buyers.
By targeting this price bracket, the company aims to compete with leading mass-market EV manufacturers while reaching a much larger customer base across India.
Advanced Technology and Connected Ecosystem
In addition to the scooter launch, Ather is expected to unveil several technology upgrades that will improve the overall ownership experience.
Expected announcements include:
- Latest AtherStack software enhancements
- Improved connected vehicle features
- Upgraded fast-charging infrastructure
- Expanded charging ecosystem
- New digital ownership experiences
These developments are intended to make charging, navigation, software updates, and vehicle connectivity more seamless for customers.
Ather Shares Rally on Positive Market Sentiment
Investor enthusiasm was clearly reflected in the stock market after the announcement. Ather Energy to Unveil Mass-market Electric Scooter in August; Shares Up became a key market headline as the company’s shares surged more than 8% during early trading.
According to NSE data, the stock:
- Opened at ₹1,225
- Rose to an intraday high of around ₹1,310
- Traded near ₹1,298.40 during the morning trade
- Registered an intraday gain of approximately 8%
The strong rally indicated sustained buying interest, with investors responding positively to the company’s upcoming product launch and future growth prospects.
Hero MotoCorp Strengthens Investment
Adding to investor confidence, Hero MotoCorp recently announced an additional ₹1,000 crore investment in Ather Energy through a preferential share issue.
The investment highlights Hero MotoCorp’s continued commitment to supporting Ather’s long-term expansion and electric mobility ambitions.
At the same time, Ather shareholders have approved a ₹1,500 crore Qualified Institutions Placement (QIP). The proposed fundraising is expected to help the company increase manufacturing capacity, accelerate product development, and strengthen its market position.
Strong Sales Momentum Supports Growth
Ather’s business fundamentals have also shown significant improvement.
Retail sales in June 2026 more than doubled year-on-year, reaching 31,188 units, reflecting growing consumer demand for electric two-wheelers and increasing acceptance of the brand across India.
This strong sales performance provides additional momentum ahead of the launch of the company’s first mass-market electric scooter.
Outlook
The announcement that Ather Energy to Unveil Mass-market Electric Scooter in Hares is an important phase in the company’s expansion strategy. With an all-new EL platform, affordable pricing, advanced technology upgrades, fresh investments, and rising sales, Ather is positioning itself to compete more aggressively in India’s rapidly growing electric two-wheeler market. The August 29 Community Day event is expected to mark the beginning of a new chapter for both the company and the country’s evolving EV industry.
VinFast Launches VF 2 Electric City Car in Vietnam
New four-seat EV shares its platform with the Minio Green while targeting private buyers with revised styling and a lower starting price.
VinFast has unveiled the VF 2, a compact all-electric city car aimed at private buyers, with the model making its debut in the Vietnamese market ahead of customer deliveries scheduled for September.
The VF 2 is based on the Minio Green, one of the company’s electric vehicles developed for commercial and mobility service applications, but introduces styling changes and consumer-focused positioning while retaining the same core dimensions and powertrain.
Compact EV for Urban Mobility
The VF 2 measures 3.1 metres long, 1.5 metres wide and 1.7 metres tall, with a wheelbase of 2.1 metres, matching the dimensions of the Minio Green.
While the two models share most of their exterior design, the VF 2 features several visual updates, including a body-coloured faux upper grille that replaces the commercial model’s design. VinFast has also removed the chrome trim surrounding the V-shaped front motif and replaced the rear V-shaped styling element with a gloss black finish on the roof spoiler.
Inside, the four-seat, two-door hatchback retains the Minio Green’s cabin layout, colour scheme and materials. Standard equipment includes manual air conditioning, a four-way manually adjustable driver’s seat, a 7-inch digital instrument cluster and an FM radio with two speakers.
Safety features include a driver airbag, anti-lock braking system (ABS), electronic brakeforce distribution (EBD) and traction control (TCS).
Shared Powertrain and Battery
The VF 2 is powered by a rear-mounted electric motor producing 30 kW and 65 Nm of torque. Drivers can choose between Eco and Normal driving modes, while the vehicle has a claimed top speed of 80 km/h.
Energy is supplied by an 18.3 kWh battery pack, providing a claimed driving range of up to 210 kilometres.
The battery supports DC charging at up to 24 kW, allowing the state of charge to increase from 10% to 70% in approximately 34 minutes.
Lower Launch Price Than Commercial Variant
Despite generally positioning its passenger vehicles above its Green commercial models, VinFast has introduced the VF 2 at a lower price than the Minio Green.
The VF 2 is priced at 188 million Vietnamese dong (around €6,257), compared with 269 million dong (around €8,953) for the Minio Green.
To support the launch, VinFast is offering an additional discount of 8 million dong for customers placing orders between 15 July and 17 July. Buyers will also receive 10 complimentary charging sessions each month at V-Green public charging stations across Vietnam until 10 February 2029
https://evmagz.com/vinfast-launches-vf-2-electric-city-car-in-vietnam/
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University of Nottingham and GKN Aerospace Launch HPDrive to Advance Cryogenic Electric Propulsion
New venture will develop high-power cryogenic electrical machine technologies for hydrogen-electric aircraft and other industrial applications. The University of Nottingham and GKN Aerospace have launched a new company, HPDrive Technologies, to accelerate the development and commercialisation of cryogenic electrical machine technologies for hydrogen-electric aviation and other high-power applications.
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The joint venture will focus on advancing lightweight, high-efficiency electrical machines designed to operate at megawatt power levels, supporting the development of future zero-emission aircraft propulsion systems and other energy-intensive industries.
Focus on Hydrogen-Electric Aviation
According to the partners, HPDrive will provide a dedicated pathway for developing and industrialising cryogenic electrical machine technologies, with an initial emphasis on aerospace applications before expanding into other sectors that require high-power electric propulsion systems.
The company combines expertise in cryogenic engineering, advanced coil technologies, electrical machine design and aerospace engineering. HPDrive is currently advancing its technology roadmap while engaging with potential industrial and research partners.
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Friedrich Vorwerk wins contract to build hydrogen pipeline in Germany
Energy infrastructure provider Friedrich Vorwerk Group SE (ETR:VH2) has received a contract to build a hydrogen pipeline which will connect a planned 320-MW electrlyser in the city of Emden, Germany, to emerging hydrogen infrastructure in Leer, Germany. Friedrich Vorwerk said on Wednesday that it has secured the deal, worth a double-digit millions amount in euros, as part of a joint venture. The contract was awarded by EWE Netz GmbH, a unit of German energy supplier EWE AG. The project sponsor is transmission systems operator GTG Nord GmbH, another subsidiary of EWE AG.
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The project, called H2Coastlink 1, covers the establishment of a high-pressure hydrogen pipeline roughly 24 km long with a nominal diameter of 400 mm. This will be complemented by a connecting line from the future electrolyser to the hydrogen feed-in facility in Emden. In addition, links to the supra-regional hydrogen network in Leer will be set up.
Preparatory work is scheduled to start as early as this summer after a planning approval was granted in June. The pipeline is expected to be ready for operation in the autumn of 2027.
H2Coastlink 1 will be connected to Gasunie Deutschland’s hydrogen network HyPerLink and GTG Nord GmbH’s gas transport pipeline. The project is part of Germany’s hydrogen core network – the grid linking the country’s key hydrogen sites.
The pipeline is also a component of the major initiative Clean Hydrogen Coastline, which covers the production, storage, transport and use of the clean fuel.
Source: https://renewablesnow.com/news/friedrich-vorwerk-wins-contract-to-build-hydrogen-pipeline-in-germany-1298074/
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