Top 5 news of the week August 19-25

LNG Prime brings you the five most popular news on our platform during the week of August 19-25, 2024.

1) US LNG firm NextDecade released the latest construction update for the first phase of its Rio Grande LNG export terminal in Texas.

2) Golar LNG’s unit Macaw Energies has launched its first small-scale liquefaction unit at a flare gas site in Texas.

3) Norwegian FSRU player Hoegh LNG says its focus remains on developing a new Dutch FSRU-based facility with VTTI, while the company is working on other projects as well.

4) NextDecade has halted plans for the proposed carbon capture and storage (CCS) project at its Rio Grande LNG export terminal in Texas.

5) Russian LNG exporter Novatek has delivered the second gravity-based structure platform from its yard near Murmansk to the site of the Arctic LNG 2 project located on the Gydan peninsula, according to reports.

Most Popular

Another steam LNG carrier sold for demolition

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

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.

Shell’s LNG Canada expansion project to get boost from government

Canadian Prime Minister Mark Carney named the planned second phase of Shell's LNG Canada export project as one of the major projects the federal government would help fast-track.

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