Top 5 news of the week June 16-22

LNG Prime brings you the five most popular news stories on our platform during the week of June 16-22, 2025.

1) US LNG exporter Venture Global LNG has received approval from the US FERC to increase the peak liquefaction capacity of its Calcasieu Pass LNG terminal in Louisiana.

2) South Korean shipbuilding giant Samsung Heavy Industries said it had terminated contracts for 10 ice-class Arc7 LNG carriers and seven shuttle tankers with Russia’s Zvezda. The shipbuilder will retain $800 million in advanced payments and seek further compensation for losses.

3) Energy giants QatarEnergy and ExxonMobil, along with their contractors, continue to advance construction on their massive Golden Pass LNG export facility in Texas.

4) Australia’s Woodside has signed a non-binding heads of agreement with Malaysia’s Petronas to supply the latter with liquefied natural gas (LNG) from its global portfolio. The deal may include supplies from Woodside’s Louisiana LNG project in the US.

5) US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

Most Popular

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

QatarEnergy CEO says damaged Ras Laffan LNG trains to take three years to repair

State-owned LNG giant QatarEnergy expects the damage to two liquefaction trains at its giant Ras Laffan complex to take three years to repair, according to Qatar’s energy minister and CEO of QatarEnergy, Saad Sherida Al-Kaabi.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

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