Gasum Secures Long-Term LNG Capacity at Klaipeda Terminal
Finland’s state-owned gas company Gasum announced it has secured regasification capacity at the Klaipeda LNG terminal in Lithuania for a seven-year period spanning 2033 to 2040, following a successful public tender. The Klaipeda terminal is a critical energy hub for the Baltic Sea region. This long-term agreement will ensure stable LNG supply for Gasum’s operations in Finland and the wider Baltic market, reinforcing its capacity footprint at the terminal.
Venture Global and Atlantic-SEE Expand Long-Term LNG SPA with Greece
Venture Global and Greece’s Atlantic-SEE LNG Trade S.A. announced a doubling of their existing long-term sales and purchase agreement, expanding the minimum supply volume from 0.5 MTPA to 1.0 MTPA. The 20-year contract commences in 2030. Atlantic-SEE is a joint venture between AKTOR Group (60%) and DEPA Commercial (40%), aiming to deliver US LNG to Central and Eastern Europe via the Alexandroupolis FSRU terminal and the South-North Vertical Corridor, bolstering regional energy security.
JERA Receives First LNG Cargo from Australia’s Barossa Project
JERA announced the arrival of its first LNG cargo from Australia’s Barossa gas field at the Futtsu LNG terminal in Japan. Operated by Santos, the Barossa project produces approximately 3.4 MTPA, with JERA Australia holding an equity stake and offtaking around 425,000 tonnes per year. This cargo marks the first delivery to JERA since Barossa commenced production in late 2025, signaling a new phase in the long-standing Japan-Australia LNG partnership.
South Africa’s First LNG Import Terminal Gains ExxonMobil Backing
Zululand Energy Terminal (ZET) signed a Heads of Agreement with ExxonMobil, advancing development of South Africa’s first LNG import terminal at Richards Bay. ZET is a joint venture between Vopak Terminal Durban and Transnet Pipelines, designed to provide LNG import, storage, regasification, and distribution services for power generation and industrial users. South Africa faces a looming gas supply shortfall as Mozambique’s Pande-Temane fields decline, making the terminal a critical energy security asset.
Hanwha Ocean and Kanata Sign MoU for FLNG Project in Canada
South Korea’s Hanwha Ocean signed a non-binding memorandum of understanding with Canada’s Kanata Clean Power to jointly advance the proposed Kanata LNG floating export project near Prince Rupert, British Columbia. The project envisions a capacity of 12 MTPA with an estimated investment of approximately US$15.7 billion, targeting Asian LNG markets. Kanata has proposed offering participating First Nations up to 50% ownership interest. The partners will evaluate cooperation across FLNG engineering, construction, operations, equity participation, and long-term supply arrangements.
Venture Global and EnBW Sign Mid-Term LNG Purchase Agreements
Venture Global and Germany’s EnBW announced binding LNG sales and purchase agreements under which EnBW will purchase approximately 0.82 MTPA of US LNG over a period of about five years, commencing in 2026. The new mid-term deal builds on the parties’ existing 20-year, 2 MTPA long-term SPA, further strengthening Venture Global’s position as one of Germany’s top LNG suppliers and demonstrating its ability to offer multi-tenor supply solutions.
Singapore Allocates Nearly US$100 Million to Advance Water Technology Innovation
PUB, Singapore’s national water agency, has been awarded approximately US$97 million in initial funding under the National Research Foundation’s RIE 2030 programme. Of this, US$85 million is earmarked for municipal water technology R&D covering water treatment, desalination, and contaminants of emerging concern, while US$12 million targets industrial water recycling in the wafer fabrication and data centre sectors. PUB plans to develop an energy-positive used water treatment integrated validation plant by 2027.
PUB Completes Tengah Service Reservoir in Singapore
PUB, Singapore’s national water agency, announced the completion of the Tengah Service Reservoir. Built at a cost of approximately S$120 million, the facility comprises two potable water tanks with a combined capacity equivalent to 22 Olympic-sized swimming pools. Situated at the highest point in Tengah, the reservoir uses a gravity-fed design that eliminates additional pumping, significantly improving operational efficiency. It is Singapore’s first service reservoir built using the slipform construction method, with seamless circular walls that reduce leakage risk. The reservoir will serve approximately 42,000 households in Tengah Town and industrial users in the Jurong Innovation District.
ADB Approves US$115 Million Loan for Nepal Water Supply and Sanitation
The Asian Development Bank approved a US$115 million concessional loan for Nepal’s Integrated Water Supply and Sewerage Management Project, with a total project value of US$143.8 million. The project will benefit over 850,000 people across 13 municipalities through the construction of approximately 64 tube wells, treatment facilities with a combined capacity of about 60 million litres per day, and around 2,125 kilometres of water distribution network. More than 120,000 properties are expected to gain access to enhanced sanitation services. Completion is scheduled for June 2032.
Jordan and Germany Sign €127 Million National Water Carrier Agreement
Jordan and Germany signed a €127 million agreement to advance Jordan’s National Water Carrier Project, a strategic infrastructure initiative designed to transport desalinated Red Sea water northward to Amman and surrounding water-scarce regions. The German funding is provided through the KfW development bank, continuing the two countries’ long-standing cooperation in the water sector.
California Commits US$268.9 Million More to Sites Reservoir
Governor Newsom announced that the California Water Commission has approved an additional US$268.9 million for the Sites Reservoir project, bringing the state’s total eligible investment to US$1.363 billion. Located in the Sacramento River Valley, the reservoir is designed to store 1.5 million acre-feet of water, enough to serve more than 4.5 million households for a full year, while also providing flood control and environmental water deliveries. Funding disbursement remains contingent on the project securing financing, permits, and completing environmental review.
Kenya and Uganda Increase Water and Climate Spending
Kenya and Uganda have significantly increased public spending on water and climate-related programmes in their 2026/27 budgets. Kenya allocated Ksh 124.8 billion (approximately US$960 million), a 21% increase, with Ksh 51.5 billion for water and sewerage systems and Ksh 2.5 billion for flood control and water storage infrastructure. Uganda allocated Ush 494.08 billion (approximately US$133.5 million), a 35% increase, and established a disaster contingency fund, with priority areas including wetland protection and restoration, riverbank and lakeshore demarcation, and flood management.
PCWA Advances US$210 Million Ophir Water Treatment Plant in California
Placer County Water Agency (PCWA) in California selected Carollo Engineers to provide construction management and SCADA services for Phase 1 of the Ophir Water Treatment Plant. With an estimated cost of US$210 million, Phase 1 will have a treatment capacity of 10 million gallons per day, sufficient for approximately 10,000 households, with the site master-planned for future expansion to 30 MGD. Construction is scheduled to begin in autumn 2026, with operations expected by 2030. The project follows a “growth pays for growth” funding model through water connection charges and will help alleviate peak summer demand on the existing Foothill plant.
Wabag JV Wins US$372 Million Kuwait Desalination Contract
India’s VA Tech Wabag, in a joint venture with Kuwait’s Heavy Engineering Industries & Shipbuilding Company (Heisco), has secured the Doha Phase II seawater reverse osmosis desalination project in Kuwait. The contract is valued at approximately US$372 million and includes a five-year operations and maintenance period, with a total contract duration of 96 months. The plant will have a capacity of 60 million imperial gallons per day and will integrate solar photovoltaic systems to partially meet its energy requirements. This marks Wabag’s first project in Kuwait.