Top 5 news of the week March 17-23

LNG Prime brings you the five most popular news on our platform during the week of March 17-23, 2025.

1) A unit of UK-based energy giant BP has exercised its option to terminate the existing charter deal for one of Seapeak’s liquefied natural gas (LNG) carriers.

2) Stonepeak’s Seapeak plans to sell three steam liquefied natural gas (LNG) carriers that were placed in layup in early 2025.

3) Taiwan’s CPC Corp has signed a letter of intent with Alaska Gasline Development Corporation (AGDC) to buy LNG and invest in the latter’s planned Alaska LNG project.

4) US LNG exporter Venture Global LNG has received conditional non-FTA approval from the US Department of Energy for its proposed CP2 LNG project in Louisiana.

5) State-owned German LNG terminal operator DET has terminated the contract related to the Stade FSRU-based facility with compatriot Hanseatic Energy Hub, the developer of the onshore LNG terminal in Stade.

Most Popular

Venture Global’s Plaquemines LNG to commission fourth tank

US LNG exporter Venture Global LNG has received approval from the US FERC to commission the fourth storage tank with LNG at its Plaquemines plant in Louisiana.

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

US FERC issues final SEIS for NextDecade’s Rio Grande LNG project

The US Federal Energy Regulatory Commission (FERC) has released a final supplemental environmental impact statement for NextDecade's Rio Grande LNG facility and the accompanying pipeline in Texas. FERC continues to conclude that approval of the projects would result in "less than significant impacts."

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