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

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

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