Top 5 news of the week May 30-June 5

LNG Prime brings you the five most popular news on our platform during the week of May 30-June 5, 2022.

1) German energy firm E.ON has joined forces with Belgium-based Tree Energy Solutions (TES) and France’s Engie to deploy another floating storage and regasification unit in Germany, as the country looks to reduce reliance on Russian pipeline gas supplies.

2) US floating LNG player Excelerate Energy plans to deploy its FSRU Excelsior to serve the Vlora LNG project in Albania after the unit completes its contract in Israel.

3) Italian energy firm Snam has purchased Golar LNG’s 2015-built FSRU Golar Tundra for $350 million, as Italy looks to reduce reliance on Russian gas and strengthen energy security.

4) Small-scale player Avenir LNG said it has taken delivery of its large LNG bunkering and supply vessel from China’s Nantong CIMC SOE, while it also revealed plans to order additional ships.

5) Germany is moving quickly with its plans to build infrastructure and become a major LNG importer, as the European country looks to slash reliance on Russian pipeline gas.

Most Popular

Galp wins Calcasieu Pass arbitration against Venture Global

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.

MISC to order five more LNG carriers for Petronas charter

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.

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

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