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

US weekly LNG exports climb to 36 shipments

US liquefied natural gas (LNG) plants sent 36 cargoes during the week ending June 17, up two cargoes from the week before, according to the Energy Information Administration.

LNG Canada ships 100th cargo

Shell-led LNG Canada has shipped the 100th cargo of liquefied natural gas from its Kitimat facility on the west coast of Canada.

Vopak, Transnet seek EPC contractor for South African LNG terminal

A joint venture of Dutch terminal operator Vopak and Transnet Pipelines has officially launched its formal expression of interest process to engineering, procurement, and construction (EPC) contractors for the planned LNG import terminal in South Africa’s Richards Bay.

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