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HPI Market Data Book 2026: Global construction – Americas
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
European gas faces renewed strain after winter drawdowns
Sustained low temperatures have depleted storage levels and exposed the EU’s vulnerability to shocks even as the bloc moves ahead with phasing out all Russian imports
LNG, a strategic safeguard
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
A dual-coast LNG strategy
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
Cheniere’s disciplined expansion
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
The new LNG wave is finally here
Growth in LNG supply will surpass the rise in demand in 2026 for the first time in years, according to Mike Fulwood, senior research fellow at the OIES, but lower prices are likely to encourage fuel switching and could create more demand on a permanent basis
LNG trends in developing economies
Awais Ali Butt, manager for sales and business development at Pakistan LNG Ltd, discusses LNG’s role in energy security across developing, price-sensitive economies, as well as examining trade-offs between buying strategies and the impact of lower prices and policy on import behaviour 
LNG remains frontrunner among low-carbon marine fuels
LNG’s technical maturity, availability and price, as well as regulation, have driven its rapid adoption as a marine fuel, yet its future in shipping will depend on transition policies and progress in cutting methane emissions and scaling bio- and synthetic LNG, according to Carlos Guerrero at Bureau Veritas
A new force in US LNG
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in North America
Letter from Qatar: Greater purpose and direction for LNG
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
Delfin COO Wouter Pastoor
US LNG FLNG
Stuart Penson
30 September 2022
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Delfin eyes emerging US export strategy

The company expects more US gas producers to target international markets as it signs a deal with Devon Energy and nears FID on its FLNG project

Delfin Midstream is nearing FID on the US’ first floating LNG (FLNG) export facility after signing deals over the summer with trading house Vitol, UK gas supplier Centrica and, most recently, US independent oil and gas producer Devon Energy. The “export partnership” with Devon includes a heads of agreement covering tolling deals for up to 2mn t/yr of liquefaction capacity and a pre-FID strategic investment by Devon in Delfin, as well as scope for additional equity investments in the future. The Delfin Deepwater facility, which is located 40 nautical miles off the coast of Louisiana and will ultimately comprise four FLNG vessels, is scheduled to become operational in 2026. Petroleum Economist

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HPI Market Data Book 2026: Global construction – Americas
25 February 2026
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
HPI Market Data Book 2026: Global construction – Asia-Pacific
25 February 2026
The surge in demand for fuel and petrochemical products in Asia has led to significant expansion in refining and petrochemicals capacities, with India and China leading the way

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