Top 5 news of the week August 12-18

LNG Prime brings you the five most popular news on our platform during the week of August 12-18, 2024.

1) India’s Swan Energy has agreed to sell its 2020-built 180,000-cbm FSRU, Vasant 1, to Türkiye’s state-owned natural gas and LNG firm Botas.

2) A unit of German biofuels producer Verbio is seeking long-term and short-term authorization from the US Department of Energy to export bio-LNG via US small-scale liquefaction facilities mainly to Europe.

3) Chinese private shipyard Yangzijiang Shipbuilding has terminated shipbuilding contracts for two 175,000-cbm liquefied natural gas (LNG) carriers. The shipbuilder aims to resell the vessels.

4) South Korea’s HD Hyundai Heavy Industries has delivered one 174,000-cbm LNG carrier to compatriot shipowner Pan Ocean and charterer Shell.

5) Floating LNG player Golar LNG expects to enter into a yard EPC contract to convert its 148,000-cbm Moss-type carrier, Fuji LNG, into an MKII FLNG within the third quarter of this year.

Most Popular

Shell wraps up acquisition of Pavilion Energy

UK-based LNG giant Shell has completed its previously announced acquisition of Singapore's Pavilion Energy.

India’s ONGC approves Mozambique LNG investment

India’s state-run ONGC has approved an investment by its unit, ONGC Videsh, into the TotalEnergies-led Mozambique LNG joint venture, which is developing a 12.8 mtpa liquefaction plant at the Afungi complex.

Australia’s Viva Energy seeks FSRU for Geelong project

Australia’s Viva Energy is looking to secure a floating storage and regasification Unit (FSRU) for its proposed LNG import terminal in Geelong, Australia.

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Corpus Christi LNG expansion project 80 percent complete

The Stage 3 expansion project at Cheniere’s Corpus Christi LNG export plant in Texas is 80 percent complete.

Venture Global’s Plaquemines LNG to commission tenth liquefaction block with nitrogen

US LNG exporter Venture Global LNG has received approval from the US FERC to commission the liquefaction train system block 10 with nitrogen at its Plaquemines LNG export plant in Louisiana.

Yang Ming plans new LNG-powered containership order

Taiwan’s Yang Ming Marine Transport is eyeing a new order for LNG dual-fuel container vessels, according to shipbuilding sources.

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.