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

Another steam LNG carrier sold for demolition

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

Canada approves Ksi Lisims LNG project

According to a statement on Monday, Julie Dabrusin, Minister of Environment and Climate Change, issued her decision under the...

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.

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