Top 5 news of the week May 27-June 2

LNG Prime brings you the five most popular news on our platform during the week of May 27-June 2, 2024.

1) Floating LNG player Golar LNG is working to sign definitive agreements for an up to 20-year FLNG deployment.

2) LNG carrier operator CoolCo has revealed more details regarding its recent 14-year charter deal with India’s largest gas utility GAIL.

3) US construction company Zachry said on Tuesday it has filed for bankruptcy, initiating a structured exit from the Golden Pass LNG export project in Texas due to “financial challenges” related to the construction of the facility owned by QatarEnergy and ExxonMobil.

4) UAE’s energy giant Adnoc has selected two South Korean shipbuilders to build six liquefied natural gas (LNG) carriers following a tender.

5) Dallas-based private investment firm Aethon Energy Management has agreed to buy Tellurian’s integrated upstream assets for $260 million. The two firms also signed a heads of agreement for volumes from Tellurian’s Driftwood LNG plant in Louisiana.

Most Popular

Williams launches Transco pipeline expansions

US natural gas pipeline operator Williams has launched two fully contracted expansions of the existing Transco pipeline to meet growing domestic demand and LNG exports.

Update: Shell’s LNG Canada receives LNG cargo

Shell’s LNG Canada has received a cargo of liquefied natural gas as part of the commissioning and start-up phase.

DOE gives further boost to US LNG exports

The US Department of Energy (DOE) has removed a regulatory barrier that required liquefied natural gas (LNG) projects to start export within seven years of receiving regulatory approval.

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