LNG 6 March 2026 - 12 May 2026

Woodside Energy’s $35 Billion Browse LNG Project Faces Its Biggest Approval Test Yet
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Woodside Energy’s $35 Billion Browse LNG Project Faces Its Biggest Approval Test Yet

Woodside Energy Group’s Browse LNG project, stalled for years, is now back in the headlines after a Deloitte report commissioned by Woodside pegged the total capital cost at A$48.7 billion—around $35.2 billion. That’s a sharp jump from the A$27.3 billion figure the company cited in 2019. Timing is crucial here. ABC reported that after an eight-year wait for a call on the offshore Browse project, Woodside might finally get an answer soon, with Australia’s environment department potentially sending its final recommendation—approve or reject—to Environment Minister Murray Watt as early as next month.
May 13, 2026
Woodside Energy’s $35 Billion Browse LNG Cost Puts Australia Gas Approval in Focus
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Woodside Energy’s $35 Billion Browse LNG Cost Puts Australia Gas Approval in Focus

Woodside Energy Group’s Browse LNG project, years behind schedule, is now pegged at a price tag of A$48.7 billion, based on a Deloitte Access Economics report prepared for the company. LNG, or liquefied natural gas, is regular gas cooled into a liquid to allow transport by ship. The cost is back in focus as Browse approaches a regulatory hurdle, ending a stretch of setbacks. Long stalled by environmental sign-offs and talks over processing arrangements, the project targets Australia’s top undeveloped offshore gas field.
May 12, 2026
IEA’s 2030 LNG Warning Is Pushing NextDecade to Charter More Ships
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IEA’s 2030 LNG Warning Is Pushing NextDecade to Charter More Ships

NextDecade is looking to line up additional LNG carriers, with the Middle East conflict shuffling LNG trade routes and driving exporters to lock in shipping capacity for extended periods. LNG—short for liquefied natural gas—refers to gas cooled into a liquid state to ship in tankers. The International Energy Agency flagged on Thursday that the Iran war has taken roughly 120 billion cubic metres of global LNG supply off the table for 2026 through 2030. IEA analyst Gergely Molnar, speaking at the Budapest LNG Summit, warned that market tightness could persist longer than earlier forecasts suggested.
May 8, 2026
Woodside Energy Group Gas Tax Warning Puts LNG Growth Plans On The Line
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Woodside Energy Group Gas Tax Warning Puts LNG Growth Plans On The Line

Woodside Energy Group Ltd has flagged to Australian senators that slapping a 25% tax on gas exports could render fresh projects unviable, thrusting the company into the thick of debates over how much Australia should rake in from its gas sector. At Friday’s hearing in Perth, Chief Financial Officer Graham Tiver pointed out the new levy would stack on top of existing company tax and the Petroleum Resource Rent Tax—which targets profits from certain offshore resources after costs are recouped. “I’m not sure how any project would survive,” he told the panel. Time is short. The Senate’s Select Committee on the Taxation of Gas Resources—formed March 30—faces a May 7 deadline to deliver its report. The panel is looking at
April 24, 2026
Shell Plc Eyes 20 Trillion Cubic Feet of Venezuela Gas as LNG Crunch Tightens
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Shell Plc Eyes 20 Trillion Cubic Feet of Venezuela Gas as LNG Crunch Tightens

Shell Plc is deep into negotiations with Venezuela as it looks to expand its offshore gas ambitions, hoping to tap roughly 20 trillion cubic feet of reserves off the coast near Trinidad and Tobago, say two people with knowledge of the matter. The plan is to pipe that gas over to Trinidad, where Shell would convert it into LNG — liquefied natural gas ready to be shipped. Timing is key here. Shell stands as the top global LNG trader, and the Middle East conflict has sidelined almost 20% of the world’s LNG supply, sending buyers scrambling for alternatives. U.S. exports surged, hitting an all-time high of 11.7 million metric tons in March.
April 2, 2026
Venture Global seeks U.S. approval for 35 mtpa Plaquemines LNG exports after Qatar halt tightens market
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Venture Global seeks U.S. approval for 35 mtpa Plaquemines LNG exports after Qatar halt tightens market

Venture Global is pushing the U.S. Department of Energy to boost the export cap on its Plaquemines LNG plant in Louisiana, targeting 35 million metric tons a year instead of the current 27.2 mtpa, a Thursday filing shows. In the March 5 application, the company said the proposed increase comes out of a refined look at their existing equipment—no new infrastructure needed. The figure also lines up with a separate filing with the Federal Energy Regulatory Commission, which seeks to raise peak output by June 25. Timing is key here. After Qatar halted production this week, about 20% of global LNG supply vanished from the market almost overnight, sharply tightening conditions. Unlike in Europe, U.S. gas prices haven’t budged much—American
March 6, 2026