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

TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

Gasunie, Vopak plan fifth Gate LNG jetty

Dutch partners Gasunie and Vopak plan to build a fifth liquefied natural gas (LNG) jetty at their Gate terminal in the port of Rotterdam.

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