Top 5 news of the week July 29-August 4

LNG Prime brings you the five most popular news on our platform during the week of July 29-August 4, 2024.

1) Australian engineering firm Monadelphous has secured a contract from compatriot LNG player Woodside for work on the first Pluto LNG train near Karratha in Western Australia.

2) Danish shipping giant Maersk will take on charter a fleet of LNG dual-fuel containerships which will be built at Chinese yards, according to shipbuilding sources.

3) US LNG terminal developer Tellurian, which is being acquired by Australia’s Woodside, released the latest construction update for the first phase of its Driftwood LNG terminal in Louisiana.

4) Argentina’s state-owned oil and gas company YPF and Malaysia’s Petronas have decided to build their $30 billion Argentina LNG export project in the Patagonian province of Río Negro.

5) Freeport LNG has shipped the first cargo from its LNG export plant in Texas since the shutdown on July 7 due to Hurricane Beryl, according to shipping data.

Most Popular

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

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