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

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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