Top 5 news of the week February 12-18

LNG Prime brings you the five most popular news on our platform during the week of February 12-18, 2024.

1) US engineering and construction giant Bechtel is moving forward with construction on the first phase of Sempra’s Port Arthur LNG export project in Texas worth about $13 billion.

2) Gastrade’s FSRU-based LNG import terminal off Greece’s Alexandroupolis will receive its first cargo of liquefied natural gas on Friday.

3) US shale gas producer Chesapeake Energy has entered into an offtake deal with Delfin Midstream, the US developer of a floating LNG export project in the Gulf of Mexico, to supply LNG to Geneva-based trader Gunvor.

4) Singapore’s Seatrium has renewed its long-term favored customer contract with units of Greece’s LNG shipping firm GasLog and UK-based LNG giant Shell.

5) State-owned LNG giant QatarEnergy is looking to order more Q-Max LNG carriers in China as part of its massive shipbuilding program, according to shipbuilding sources.

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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