Top 5 news of the week August 11-17

LNG Prime brings you the five most popular news stories on our platform during the week of August 11-17, 2025.

1) US FSRU player Excelerate Energy confirmed on Monday that its recently purchased LNG carrier Excelerate Shenandoah is the company’s first FSRU conversion candidate.

2) US FSRU player Excelerate Energy has already made some smaller investments to further optimize its recently acquired LNG business in Jamaica, according to CEO Steven Kobos.

3) Floating LNG player Golar LNG is moving forward with its plans to order its fourth FLNG conversion. In order to secure “attractive” delivery, Golar plans to enter into slot reservations for long-lead equipment within the third quarter of this year.

4) US LNG exporter Venture Global LNG has won an arbitration case against UK-based LNG giant Shell over LNG sales from the Calcasieu Pass plant in Louisiana.

5) Nebula Energy’s AG&P LNG said it had signed a memorandum of understanding with an Australian integrated energy provider under which the latter may become a significant offtaker of the proposed Outer Harbor LNG terminal in South Australia.

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Atlantic LNG shipping rates decrease this week

Atlantic spot LNG shipping rates dropped this week, while Pacific rates were flat compared to the week before, according to Spark Commodities.

Santos says Papua LNG on track for Q4 FID

France's TotalEnergies and its partners remain on track to take a final investment decision on the Papua LNG export project in Papua New Guinea in the fourth quarter of 2026, according to Australian LNG player Santos

PNG LNG shipped 29 cargoes in Q2

The ExxonMobil-operated PNG LNG project in Papua New Guinea shipped 29 cargoes of liquefied natural gas in the second quarter of 2026, the same as in the same quarter last year and one cargo more than in the prior quarter, according to shareholder Australia’s Santos.
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