I. ENGINE TAKE (12–36 Month Structural Outlook) 1. CORE THESIS Between February 18 and February 25, 2026, identifies market leverage toward three distinct entities: U.S. Gulf Coast Liquefaction Developers, Asian Portfolio Holders, and Tier-One Commodity Traders. Conversely, European utility buyers experienced primary leverage compression. This asymmetry is driven
LNG Supply Wave to Hit Prices But Demand Firm, Woodside Says - Bloomberg US natgas prices at Waha Hub in Texas in negative territory for record 12th day - Reuters Ten years after first Sabine Pass cargo, U.S. LNG exports are still on the rise - U.S. EIA
RED FLAG 1: The Transatlantic Methane Collision & SPA Freeze * The Signal: The impending 2027 EU methane emissions tracking and verification directives are no longer a theoretical policy risk; they are actively destroying commercial execution. Uniper’s Chief Commercial Officer confirmed delaying long-term agreements specifically due to uncertainty surrounding EU
Europe Set for Another Record LNG Import Month - OilPrice.com Greece Aims To Be Europe’s Southern Gateway For US LNG - Pappas Post Ukraine receives first delivery of regasified LNG from Germany - gasworld A Decade That Changed the World: How American LNG Redefined Global Energy - U.
The Engine detects four Critical Regime Shifts within the February 15 to February 21, 2026 window. These shifts represent structural fractures in the established geopolitical, regulatory, and capital frameworks governing global LNG flows fundamentally altering the operating environment for producers, buyers, and capital allocators.
Asia spot LNG steady amid holiday lull, US–Iran tensions lend support - Reuters Uniper and GSPC sign long-term LNG supply agreement into India - Press Release Russia Executes First-Ever Triple Arctic LNG Ship-to-Ship Transfer Amid Sanctions - gCaptain GTT FY2025: What It Signals for the Global LNG Industry LNG
1. Record 84 Mtpa of Liquefaction FIDs: Supply Is Locked In 2025 recorded 84 million tonnes per annum of LNG liquefaction FIDs, including 62 mtpa in the United States. Management estimates that these FIDs alone imply demand for roughly 150 additional LNG carriers. This confirms: * The supply wave is financed
Golden Pass moves closer to producing first LNG with increased natural gas flows into facility - Reuters SK Innovation Picked to Develop $2.3 Billion Vietnam LNG Power Project - Press Release Turkey opposes Greece’s Chevron-backed Crete exploration - Reuters In making the argument LNG exports have raised prices
Booming LNG exports may get dragged into US cost-of-living debate - Reuters China isn’t importing any US LNG, but it's still in the game - Reuters Trump lauds Japan’s pledge to invest $36 billion in U.S. oil, gas and critical mineral projects - CNBC Structural
LNG Headline Newsletter
(7-Day Structural Integrator | Ranked by System-Level Impact) 1️⃣ Europe’s Record Refill Requirement Primary Driver of Atlantic Basin LNG Demand Through Q3
EU Countries' Resistance Risks Blunting Latest Russia Sanctions - Bloomberg FERC commissioner to Trump admin: ‘Send me more LNG projects’ - E&E News (Subscription) Spain's gas demand seen falling this year as blackout boost fades - Reuters Alaska Railroad leaders: no LNG pipeline investment until
February 16-17, 2026 SUPPLY PRESSURE — Storage Depletion and Maritime Constraints
Trinidad’s Atlantic LNG shuts train after crack discovered - Reuters Vitol Part of Consortium for South Africa LNG-to-Power Project Bloomberg Chevron-led consortium signs contracts for gas exploration off Greece - Reuters ADNOC’s LNG Expansion Signals a New Phase of Energy Leverage - OilPrice.com Capital Flow Heatmap Feb
Focus: Investment & Capital Allocation Signals Classification: Bullish (Capital Expanding) vs Bearish (Capital Constrained) This capital heatmap was generated by the The Engine, synthesizing capital allocation signals across global LNG markets from the last 7 days. 🟢 STRONGLY BULLISH CAPITAL FLOW Middle East Theme: State-backed capital deployment accelerating across liquefaction and
Caturus signs LNG supply deal with Saudi Aramco Reuters Caturus and Aramco Trading Americas LLC Sign 20-Year LNG Offtake Agreement Press Release U.S. natural gas production to reach record highs in 2026 and 2027 - U.S. EIA Greece bets on LNG corridor to power Europe’s post-Russia energy
Generated by The Engine systematically extracting capital pressure signals from the past week’s news, ranking them by structural impact and isolating the entities most likely to gain durable advantage from those shifts. THE MARKET IS NOT TIGHT ON MOLECULES. IT IS TIGHTENING ON FREE FLOAT. Look at the direction
Generated by The Engine systematically extracting political pressure signals from the past week’s news, ranking them by structural impact and isolating the entities most likely to gain durable advantage from those shifts. Political pressure this week is redistributive, not neutral. It is: * Compressing Russian optionality. * Hardwiring US LNG demand
Focus: Data Center Gas Demand Emerging at Scale Audience: Canadian & U.S. LNG Project Developers + North American LNG Buyers Source: Enbridge Q4 2025 Earnings (Feb 13, 2026) The Engine report isolates forward-looking supply, demand, and capital signals from source material and converts them into defensible market pressures for the
Eni, YPF and XRG Sign Joint Development Agreement Advancing Argentina LNG - Press Release TotalEnergies Can Do Without Russian Gas: CEO - AFP LNG oversupply poses risk to Qatar’s growth outlook, IMF says - The National Texas man injured in Delfin pipeline explosion in Cameron Parish files lawsuit -
Australia sends LNG cargoes to Chile for first time in over three years - Reuters Industry bosses call on EU leaders for 'urgent and bold' action to cut energy prices - euronews Germany’s Gas Refill Season Looks Tough, Market Manager Says - Bloomberg From baseload to flexibility:
Methodology: Synthesized using The LNG Intelligence Engine Scope: All factual LNG-related disclosures only (production, sales, pricing, assets, projects, cash flow, outlook, sensitivities, portfolio moves) from TotalEnergies Q4 & FY2025 Results, February 11, 2026) 1. INTEGRATED LNG – FINANCIAL PERFORMANCE 1.1 Fourth Quarter 2025 Adjusted Net Operating Income: * $922 million * +8%