Top 5 news of the week May 26-June 1

LNG Prime brings you the five most popular news stories on our platform during the week of May 26-June 1, 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) Floating LNG player Golar LNG is working with shipyards to order one or more floating LNG production units in 2025.

3) The 138,000-cbm LNG carrier Iberica Knutsen has delivered its LNG cargo to the Deutsche ReGas-operated Mukran FSRU-based LNG import facility in Germany following a grounding incident.

4) South Korea’s Hyundai LNG Shipping and H-Line Shipping have sold four steam liquefied natural gas (LNG) carriers for scrap, according to brokers.

5) Golar LNG will continue to expand its fleet of floating LNG production units in an industry set for “massive” growth, according to Golar LNG’s chairman, Tor Olav Trøim.

Most Popular

Baker Hughes to buy Chart in $13.6 billion deal

US energy services firm Baker Hughes has entered into a definitive deal to buy compatriot LNG equipment maker Chart Industries. The transaction is worth $13.6 billion.

Venture Global takes FID on CP2 LNG

US LNG exporter Venture Global LNG has taken a final investment decision (FID) on the first phase of its CP2 LNG project in Louisiana. The company also closed the $15.1 billion project financing, claiming that it represents the largest standalone project financing ever, and the second-largest project financing after the combined financings of Venture Global’s Plaquemines LNG.

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.

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