Aramco secures more US LNG supply

Saudi Aramco locks in 20-year LNG supply contract with Caturus: State-owned energy firm Saudi Aramco has inked a 20-year agreement with US-based gas producer Caturus to supply 1 mtpa of LNG from its proposed Commonwealth LNG export project in Louisiana. The project — slated to launch operations in 2030 — is expected to generate nearly USD 3.5 bn in annual export revenues.

Why it matters: The agreement highlights Aramco’s aggressive expansion into the US LNG market — where capacity is projected to nearly double over the next four years. This move follows previous agreements with other US entities, such as NextDecade’s Rio Grande LNG project. It also underscores a surge in commercial activity in the US LNG sector following the lifting of a pause on new export permits last year.

Background: A long list of companies –– including Switzerland’s Glencore and Mercuria, Japan’s Jera, Malaysia’s Petronas, and local firm EQT –– have already signed offtake agreements for the project. The US has been striving to cement its position as the world’s largest exporter of LNG, surpassing previous leaders Qatar and Australia.

GulfNav’s bottom line slides in FY 2025 despite revenue growth

Non-recurring merger-related charges weighed on GulfNav’s net income in its FY 2025 results — dropping nearly 56% y-o-y to AED 14.8 mn, according to its unaudited financial results (pdf). The firm’s top line posted a 9.8% y-o-y increase to AED 308.6 mn.

Etihad Rail, Turkey’s Hareket to boost cargo movements in the Middle East

Etihad Rail is partnering with Turkish heavy-lift specialist Hareket to handle oversized and complex cargo, according to a disclosure. The partnership aims to combine Hareket’s engineering and heavy-lifting expertise with the UAE’s 900-km national railway infrastructure.

Why it matters: For operators, moving heavy industrial equipment via rail is significantly more efficient and offers higher capacity than traditional road transport. For Hareket — which has already worked on Abu Dhabi’s Ramhan Island Bridge project — partnering with the national carrier cements its position in a regional heavy-lift market increasingly focused on massive civil and energy infrastructure.

What’s next: Etihad Rail aims to carry 60 mn tons of cargo annually by 2030. The partnership could potentially lead to specialized rolling stock or dedicated heavy-lift hubs at rail terminals to accommodate the oversized equipment Hareket specializes in.

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