Top 5 news of the week March 3-9

LNG Prime brings you the five most popular news on our platform during the week of March 3-9, 2025.

1) The Irish government has approved development of an FSRU-based liquefied natural gas (LNG) import terminal to boost its energy security.

2) US LNG exporter Venture Global LNG said on Thursday that it is launching the final investment decision (FID) process for its proposed CP2 LNG project in Louisiana.

3) Yards in South Korea and China are competing to win an order to build liquefied natural gas carriers for LNG producer Nigeria LNG, shipbuilding sources told LNG Prime on Tuesday.

4) Colombia’s state-owned energy firm Ecopetrol has signed a deal with compatriot PIO SAS for regasification infrastructure on the Colombian Pacific coast.

5) Taiwan’s Wan Hai Lines is working on switching an order placed in South Korea last year for eight methanol-powered containerships to LNG fuel, according to shipbuilding sources.

Most Popular

TotalEnergies picks Daewoo E&C for Papua LNG contract

French energy giant TotalEnergies and its partners in the planned Papua LNG project in Papua New Guinea have selected South Korea’s Daewoo E&C as the preferred bidder for the EPCC of the project's central processing facility and well pads.

Golar eyes fleet of more than seven FLNGs

Floating LNG player Golar LNG has made a pathway to increase its FLNG fleet to over seven units after ordering its fourth unit and securing two more shipyard slots, according to CEO Karl Fredrik Staubo.

Atlantic spot LNG rates drop to $40,000 per day

Atlantic spot LNG shipping rates continued to decrease this week, dropping to $40,000 per day, the lowest since the start of the Middle East conflict, according to Spark Commodities.
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