LNG Prime brings you the five most popular news on our platform during the week of April 1-7, 2024.
1) Singapore’s Seatrium has secured a contract from Turkey’s Karpowership to convert three LNG carriers into floating storage and regasification units.
2) South Korea’s Samsung Heavy Industries has officially started building the third floating LNG production unit for Malaysian energy giant Petronas.
3) Indonesia’s Pertamina says that the Jawa-1 LNG-to-power project, which includes the 170,000-cbm Jawa Satu FSRU and a 1.76 GW power plant in the country’s West Java province, is ready to launch full operations.
4) Adnoc’s gas and LNG unit, Adnoc Gas, plans to plans to invest over $13 billion in domestic and international growth opportunities over the next five years.
5) Commodity trader Trafigura secured a loan worth about $560 million from two Japanese banks to supply liquefied natural gas (LNG) to a Japanese utility.