Top 5 news of the week August 8-14

LNG Prime brings you the five most popular news on our platform during the week of August 8-14, 2022.

1) State-run QatarEnergy has signed deals for seven LNG carriers with an Asian consortium, completing the next batch of charter contracts awarded under its massive shipbuilding program.

2) US LNG exporting giant Cheniere is working to add over 30 million tonnes of capacity at its Sabine Pass and Corpus Christi plants, according to the company’s chief executive Jack Fusco.

3) US floating LNG player Excelerate Energy has signed a letter of intent with South Korea’s Hyundai Heavy Industries for a newbuild floating storage and regasification unit (FSRU).

4) Italian contractor Saipem confirmed it is in talks to pull out of two EPC contracts related to Novatek’s Arctic LNG 2 export project currently under construction in Russia.

5) Spanish energy firm Repsol has confirmed that it is in negotiations to add liquefaction units at its existing Saint John LNG import terminal in Canada and ship the fuel to Europe.

Most Popular

Cheniere inks long-term LNG supply deals with QatarEnergy

US LNG exporter Cheniere has entered into long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned LNG giant QatarEnergy to supply 4 million tonnes per annum (mtpa) of LNG through 2054.

NFE in Puerto Rico LNG supply contract dispute

The Puerto Rico Electric Power Authority (PREPA) and US LNG player New Fortress Energy are in dispute over liquefied natural gas (LNG) deliveries under their long-term LNG supply deal, according to the Financial Oversight and Management Board for Puerto Rico.

China’s Hengli wins orders for 52 LNG-powered container vessels

China’s Hengli Heavy Industry has secured orders from international shipping firms, including MSC, for 52 ultra-large LNG dual-fuel container vessels.

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