QatarEnergy, one of world's top natural gas producers, to halt LNG production amid conflict in Middle East. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

March 2 (Reuters) - Venture Global has agreed to sell about 0.5 million tonnes per annum (MTPA) of U.S. liquefied natural gas to commodity trader Trafigura for five years, starting in 2026, the companies said on Monday.

Venture Global Announces New 5-year LNG Purchase Agreement with Trafigura, offering flexibility and diversification to LNG portfolio

MISC Bhd will be chartering two additional liquefied natural gas (LNG) carriers for PETRONAS LNG Ltd under a charter contract that was secured last month.

The suspension of LNG production comes amid escalating tensions across the Gulf following a widening regional conflict involving Iran. Iran has launched missile and drone strikes targeting multiple locations across the Gulf,

According to the International Energy Agency, global LNG supply grew by almost 7% last year, with new LNG capacity coming online in North America being the largest driver.

In a visit to South Texas, the Energy secretary praised LNG-export workers while acknowledging bumps in the industry's outlook.

HD Hyundai Heavy Industries said it has secured an order worth $255 million for a liquefied natural gas carrier from an Oceania-based shipowner.