Top 5 news of the week March 25-31

LNG Prime brings you the five most popular news on our platform during the week of March 25-31, 2024.

1) LNG giant QatarEnergy has selected shipowners to own and operate 18 Q-Max LNG carriers as part of its massive shipbuilding program, according to shipbuilding sources.

2) US LNG firm NextDecade is moving forward with construction work on the first phase of its Rio Grande LNG export terminal in Texas.

3) South Korean shipbuilder Hanwha Ocean, previously known as DSME, has secured an LNG carrier order worth about $1.84 billion as part of QatarEnergy’s massive shipbuilding program.

4) Stonepeak’s Seapeak is pursuing various opportunities relating to six of its liquefied natural gas (LNG) carriers which are scheduled to complete their current charter contracts between June 2024 and June 2025.

5) Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, joined forces with German asset manager IKAV to buy a majority stake in Italy’s Adriatic LNG terminal.

Most Popular

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.

Golar buys conversion vessel for fourth FLNG

Floating LNG player Golar has agreed to acquire the LNG carrier Grace Dahlia from Japan's NYK Line to convert it into a floating LNG production unit.

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