Top 5 news of the week February 27-March 5

LNG Prime brings you the five most popular news on our platform during the week of February 27-March 5, 2023.

1) Golar LNG said it had secured an option to acquire a 148,000-cbm Moss-type LNG carrier which it aims to convert to a floating LNG producer.

2) Italian contractor Saipem is expecting to restart work on the TotalEnergies-led Mozambique LNG project in July this year, according to its chief executive officer Alessandro Puliti.

3) Malaysia’s energy giant Petronas and Argentina’s state-owned oil and gas company YPF are moving forward with their plans to develop a large LNG export project in Argentina, and they have signed an initial land lease deal with the port of Bahia Blanca in Buenos Aires.

4) UK-based small-scale player Avenir LNG has joined forces with energy trader Vitol to complete what it says is Germany’s first direct LNG unloading operation from a transport vessel into trucks.

5) US LNG player Sempra Infrastructure, a unit of Sempra, is expecting to take a final investment decision on the first phase of its proposed Port Arthur LNG project in Texas by the end of March.

Most Popular

Atlantic LNG shipping rates decrease this week

Atlantic spot LNG shipping rates dropped this week, while Pacific rates were flat compared to the week before, according to Spark Commodities.

Stabilis secures new approval for Galveston LNG project

Houston-based small-scale LNG player Stabilis Solutions has received a letter of recommendation (LOR) from the US Coast Guard for its planned Galveston liquefaction facility.

Russian LNG production up 10.7 percent in January-June

Russian liquefied natural gas (LNG) production rose 10.7 percent in the first six months of this year, according to the Russian statistics agency Rosstat.
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