Top 5 news of the week November 15-21

LNG Prime brings you the five most-read news on our platform during the week of November 15-21, 2021.

1) South Korea’s Samsung Heavy Industries has held a naming and sail away ceremony for Eni’s Coral Sul FLNG at its Geoje yard.

2) Floating player Hoegh LNG said it has entered into a deal to charter one of the company’s floating storage and regasification units (FSRUs).

3) PetroVietnam Gas, a unit of state-owned PetroVietnam, plans to import the first liquefied natural gas cargo via its new Thi Vai LNG terminal in 2022.

4) LNG giant Shell revealed plans on Monday to ditch the company’s dual share structure and move its headquarters from the Netherlands to Britain.

5) China’s Jiangnan Shipyard has launched the fifth 15,000 TEU LNG-powered vessel the yard is building for France’s CMA CGM.

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NFE says Altamira LNG offline due to mechanical issue

New Fortress Energy's Fast LNG (FLNG) project off Mexico’s Altamira is offline due to a mechanical issue with the facility’s gas turbine.

Karpowership awards new FSRU conversion job to Seatrium

Singapore’s Seatrium will convert another LNG carrier into a floating storage and regasification unit for Turkiye’s Karpowership under a new contract.

Atlantic LNG rates rise to $31,500 per day

Atlantic spot LNG shipping rates rose for the fifth week in a row, reaching $31,500 per day, according to Spark Commodities.

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PV Gas seeks spot LNG shipment

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PV Gas in LNG supply talks with Novatek

Petrovietnam Gas, a unit of state-owned Petrovietnam, is in talks with Russian producer Novatek to buy liquefied natural gas (LNG) from the latter as part of its plans to diversify its LNG supply sources.

PV Gas seeks November spot LNG cargo

Petrovietnam Gas, a unit of state-owned Petrovietnam, has released a new tender inviting firms to submit bids for one spot liquefied natural gas (LNG) cargo for delivery to the Thi Vai LNG import terminal.

Hoegh Evi to develop Malaysian LNG terminal

Norwegian FSRU player Hoegh Evi has signed a deal with Sarawak’s state-owned oil and gas company Petros to jointly develop an FSRU-based LNG import terminal in Malaysia's Sarawak state.