Japan, Trump and LNG
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TotalEnergies and French shipping group CMA CGM have launched a joint venture to operate a liquefied natural gas (LNG) bunker supply solution at the Dutch port of Rotterdam, the French oil major said on Wednesday.
To support CMA CGM's goal of reaching Net Zero Carbon by 2050 and ensure the supply of its dual-fuel LNG-powered fleet, which will grow to 123 vessels by 2029, TotalEnergies will supply CMA CGM with up to 360,000 tons of LNG annually, from 2028 onwards and until 2040.
President Donald Trump announced a U.S.-Japan joint venture on LNG in Alaska. This upcoming deal aims to strengthen economic ties and enhance energy cooperation between the two nations. Japan will collaborate with the U.
Two new LNG floating terminals are now operational in Egypt, bringing some relief to the North African nation that last year turned into a net importer of the fuel due to domestic supply crunches and rising demand.
Asian countries are offering to buy more U.S. liquefied natural gas to ease trade tensions with the Trump administration.
The U.S. was the world's leading exporter of liquefied natural gas (LNG) in 2023 after setting monthly and annual records in December, according to tanker tracking data