Top 5 news of the week May 15-21

LNG Prime brings you the five most popular news on our platform during the week of May 15-21, 2023.

1) State-owned LNG giant QatarEnergy has awarded the engineering, procurement, and construction contract for the North Field South (NFS) project to a joint venture of Technip Energies and Consolidated Contractors Company.

2) Shell has resumed shipping liquefied natural gas from its 3.6 mtpa Prelude floating LNG producer offshore Western Australia following an unplanned two-day shutdown.

3) Australian engineering firm Worley and US LNG exporter Venture Global LNG have signed a deal for the construction of the latter’s proposed CP2 LNG export terminal in Louisiana.

4) A unit of China’s state-owned energy giant PetroChina said it had supplied the commissioning cargo to Hong Kong’s first FSRU-based LNG import facility, owned by a joint venture of CLP Power and HK Electric.

5) Japan’s shipping giant K Line has signed a long-term deal to charter a newbuild LNG carrier to Mitsubishi Corporation’s unit Diamond Gas International.

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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