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.

Most Popular

Seapeak books $19.3 million charge as it lays off seafarers on steam LNG carriers

Stonepeak’s Seapeak booked $19.3 million of restructuring charges in the second quarter of this year, primarily due to laying off its Spanish seafarers working on steam LNG carriers.

Centrica, Devon Energy seal 10-year gas supply deal

UK-based energy firm Centrica has entered into a natural gas sale and purchase agreement with US-based Devon Energy, further boosting its LNG portfolio.

Atlantic LNG rates remain at $36,000 per day, European prices down

Atlantic spot LNG shipping rates remained at $36,000 per day this week, while European prices continued to drop.

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