Top 5 news of the week May 19-25

LNG Prime brings you the five most popular news stories on our platform during the week of May 19-25, 2025.

1) US LNG exporter Venture Global LNG plans to start construction of its CP2 LNG project in Louisiana “immediately” following approval from the US FERC.

2) The 138,000-cbm LNG carrier Iberica Knutsen was on Friday anchored offshore Mukran, the home of the Deutsche ReGas-operated FSRU-based LNG import facility, following a grounding incident. Deutsche ReGas told LNG Prime that unloading of the vessel’s LNG cargo is “part of ongoing operational planning.”

3) Switzerland-based energy trader Mercuria has signed a long-term LNG sales and purchase agreement with China’s Guangzhou Gas, a unit of Guangzhou Development Group.

4) The US Federal Energy Regulatory Commission (FERC) has released a final supplemental environmental impact statement for Commonwealth LNG’s proposed LNG export plant in Louisiana. The regulator concluded that National Ambient Air Quality Standards (NAAQS) exceedances for 1-hour NO2 may be significant.

5) State-owned LNG giant QatarEnergy aims to increase trading of non-Qatari physical LNG volumes to 30 to 40 million tons by 2030, according to Qatar’s energy minister and chief executive of QatarEnergy, Saad Sherida Al-Kaabi.

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Venture Global to start CP2 LNG construction after FERC approval

US LNG exporter Venture Global LNG plans to start construction of its CP2 LNG project in Louisiana "immediately" following approval from the US FERC.

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