Top 5 news of the week January 15-21

LNG Prime brings you the five most popular news on our platform during the week of January 15-21, 2024.

1) Cosco Shipping Heavy Industry in Shanghai has delivered ETYFA’s converted FSRU which will serve the first Cyprus LNG import terminal in Vasilikos.

2) Mexico Pacific, the developer of the planned $14 billion Saguaro Energia LNG export project, has signed an additional long-term deal to supply liquefied natural gas to a unit of US energy giant ExxonMobil.

3) French energy giant TotalEnergies has initiated a force majeure process on the Novatek-operated Arctic LNG 2 project in Russia due to sanctions.

4) State-owned LNG giant QatarEnergy has signed a shipbuilding deal with China’s Hudong-Zhonghua for the construction of eight Q-Max LNG carriers as part of its shipbuilding program, according to shipbuilding sources.

5) South Africa’s Transnet National Ports Authority has appointed Dutch terminal operator Vopak and its consortium partner Transnet Pipelines to build and operate a liquefied natural gas (LNG) import facility at the Port of Richards Bay.

Most Popular

Venture Global’s Plaquemines LNG to commission third jetty

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce hazardous fluids to the third jetty at its Plaquemines LNG export plant in Louisiana.

Samsung Heavy, KR to develop three-tank LNG carrier

South Korean shipbuilder Samsung Heavy Industries signed a memorandum of understanding with compatriot classification society KR to jointly develop a 174,000-cbm LNG carrier featuring three cargo tanks.

Another FSRU arrives in Egypt

The 160,000-cbm FSRU Energos Eskimo has arrived in Egypt from Jordan, according to shipping data. The unit is one of four FSRUs that will serve a charter deal with Egypt's EGAS as the country seeks to meet its growing demand for natural gas.

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