Top 5 news of the week August 1-7

LNG Prime brings you the five most popular news on our platform during the week of August 1-7, 2022.

1) Shell is looking to book more regasification capacity at European LNG terminals besides the two deals it signed this year, according to Shell’s chief executive Ben van Beurden.

2) Italian contractor Saipem does not expect work on the TotalEnergies-led Mozambique LNG project to resume in 2022, according to its chief operating officer Alessandro Puliti.

3) Adnoc’s floating LNG storage unit Ish is ready to start serving AG&P’s LNG import terminal in the Philippines, following the completion of conversion works in China.

4) Italy’s Eni is planning to install a second floating LNG production unit offshore Mozambique as the firm works to ship the first LNG cargo from its Coral Sul FLNG.

5) US LNG firm Tellurian said it has boosted its second-quarter gas production by 47 percent when compared to the prior quarter, while it continues to progress with site preparation works for its Driftwood LNG project in Louisiana.

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.

Shell’s LNG Canada expansion project to get boost from government

Canadian Prime Minister Mark Carney named the planned second phase of Shell's LNG Canada export project as one of the major projects the federal government would help fast-track.

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