Dec 23, 2025 : Myanmar expected to resume imports
Myanmar ends four-year LNG hiatus with trial cargo from Malaysia - Reuters
Status update for the Snøhvit Future project - Press Release
Equinor Delays Hammerfest LNG Upgrade as Costs Rise - Rigzone
China’s LNG Prices Slide to a Five-Year Low as Winter Demand Disappoints - OilPrice.com
The Policy Squeeze: Week of December 16-23, 2025 LNG Global
Cheniere Energy completes Train 4 at Corpus Christi liquefaction stage 3 project in Texas - Reuters
MOL Signs a Project Finance Agreement for FSRU Project in Singapore - Press Release
India ups November 2025 LNG imports - LNG Prime (Subscription)
Greek company Aktor sets up BESS subsidiary after entering LNG trade - Balkan Green Energy News
EIG enriches its portfolio with gas infrastructure in Peru - Offshore Energy
Japan Launches $1.3 Billion Investment Scheme for Clean Power Users - OilPrice.com
Ice-class LNG Tanker Lifts First Winter Cargo From Russia’s Sanctioned Arctic LNG 2 - gCaptain
If oil prices weaken, the oil rig count fades - @ira_joseph via X
7 Day Snapshot
PRESSURE SNAPSHOT
The Squeeze and Sort
POLITICAL 27% (26 stories) Australia reservation enacted
CAPITAL 27% (26 stories) Lake Charles cancelled, Delfin slips
DEMAND 18% (18 stories) China at 5-year lows, holding for $8.50
Market: SURPLUS + BEARISH + POSITIVE = Capital sorting winners from losers
Buyer: Strike now. Sellers fighting regulation and weak demand simultaneously.
Seller: Lock offtake before reservation applies. Uncommitted projects dying.
PROJECT SNAPSHOT
Bifurcation
Progressing 53% (9) Corpus Christi 93%, Golden Pass commissioning, Amigo Q1 FID
Delayed 18% (3) Hammerfest cost overrun, Delfin fundraising slips
Online 6% (1) LNG Canada full operations (Nov 2025)
Cancelled 24% (4) Lake Charles suspended, Freeport train offline
FID Watch: Amigo LNG, Commonwealth — both targeting Q1 2026
Key Move: Energy Transfer exits LNG entirely, reallocates to pipelines
CONTRACT SNAPSHOT
Deals Closing
Buyers: Hungary/MVM, Hokkaido Gas, Ovintiv, Carnival (bunkering)
Sellers: Chevron, JERA, Cedar LNG, Stabilis, QatarEnergy
Terms: Long-term dominating; 5–12 year deals closing
Volume: Hungary 2 bcm (Chevron), Israel-Egypt 130 bcm through 2040
Notable: Cedar LNG hits 50% contracted; Stabilis 55% contracted pre-FID
POLICY SNAPSHOT
Restriction Mode
Australia 7 stories 15–25% reservation enacted from 2027
Japan 5 stories Nuclear restart approved, Sakhalin waiver extended
USA 4 stories Cruz opposes EU methane, DOE extends permits
Russia 1 story New sanctions readied if peace talks fail
Trend: Producers reserving supply; consumers securing exemptions
Risk: Contract renewals face regulatory friction at both ends
PRICE SNAPSHOT
Compression
JKM $9.50 20-month low, China holding for mid-$8s
TTF €27.50 Stable, storage at 69%
HH $3.67–4.12 Volatile on weather, down 20% one week
HH–TTF ~$4.70 Nearing shut-in threshold ($4.00 floor)
JKM–TTF $0.95 Asia premium collapsed below $1
Margin: Lake Charles exit confirms US export economics under stress.
Dec 16–23, 2025