LNG Prime brings you the five most popular news stories on our platform during the week of October 12-18, 2026.
1) US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
2) Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.
3) Spanish shipping firm Empresa Naviera Elcano has completed the sale of its 2003-built steam LNG carrier Castillo de Villalba.
4) Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China’s Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC’s parent, Petronas.
5) South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build an LNG carrier equipped with high-manganese steel cargo tanks.