Top 5 news of the week March 24-30

LNG Prime brings you the five most popular news on our platform during the week of March 24-30, 2025.

1) Australian LNG producer Woodside has released the latest construction update for the first phase of its Louisiana LNG project.

2) Japan’s city gas supplier and LNG importer, Tokyo Gas, plans to expand its liquefied natural gas trading business further, including in the US.

3) Shell’s LNG Canada is set to receive a cargo of liquefied natural gas onboard the 173,400-cbm LNG carrier, Maran Gas Roxana, as part of the commissioning and start-up phase, a spokesman for LNG Canada told LNG Prime.

4) Atlantic LNG freight rates rose to $31,000 per day this week, while European prices also increased compared to the prior week.

5) US FSRU player Excelerate Energy has entered into a definitive agreement with compatriot LNG player New Fortress Energy to acquire NFE’s business in Jamaica for $1.055 billion in cash.

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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