Top 5 news of the week June 17-23

LNG Prime brings you the five most popular news on our platform during the week of June 17-23, 2024.

1) Japan’s engineer Chiyoda has released an update regarding the construction of the Golden Pass LNG export project in Texas, owned by QatarEnergy and ExxonMobil, after US construction company Zachry Holdings filed for bankruptcy.

2) China’s Wison New Energies has secured a contract from a unit of Genting to build a floating LNG unit worth about $1 billion. Following completion in 2026, the 1.2 mtpa FLNG will be installed in Indonesia.

3) Singapore’s liquefied natural gas (LNG) bunkering sales reached a new record in May, according to Singapore’s Maritime and Port Authority.

4) South Korean conglomerate Hanwha has agreed to buy more shares in US LNG firm NextDecade to increase its stake in the developer of the Rio Grande LNG export terminal in Texas.

5) London-based oil and gas firm Perenco has purchased a stake in floating LNG player Golar LNG.

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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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