Top 5 news of the week January 17-23

LNG Prime brings you the five most popular news on our platform during the week of January 17-23, 2022.

1) A consortium consisting of one Vietnamese and three South Korean firms has officially started building a $2.3 billion LNG-to-power project in Vietnam’s central province of Quang Tri.

2) Energy giant Shell will soon start using the first out of 40 LNG-powered inland waterway barges built by Dutch shipbuilder Concordia Damen.

3) TGE Marine said on Wednesday it has completed two of the world’s largest bi-lobe type C LNG tanks at China’s Jiangnan Shipyard.

4) Teekay LNG Partners will rebrand as Seapeak following the completion of its previously announced $6.2 billion merger deal with private equity firm Stonepeak Infrastructure Partners.

5) The Shell-led LNG Canada export project in Kitimat is to receive a large core process module from COOEC’s Qingdao yard in China.

Most Popular

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

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